Stories for September 2009

Thursday, September 3rd 2009 - 10:08 UTC
US loss of jobs slowing but unemployment still above 9.5%

A report from a private researcher in United States established that August saw US employers cut the smallest number of jobs in nearly a year. ADP reports 298,000 non-government jobs were cut during August, which is considerably less than the prior month (360.000).
Thursday, September 3rd 2009 - 10:06 UTC
Fed pleased with latest data but US recovery is still fragile

Federal Reserve policymakers were increasingly pleased by signs of improvement in the US economy but added that the recovery is still fragile, according to the minutes of their most recent meeting.
Thursday, September 3rd 2009 - 07:10 UTC
China first to buy 50 billion USD in IMF bonds

China has agreed to buy the first International Monetary Fund bonds for about 50 billion dollars, the IMF said Wednesday. IMF managing director Dominique Strauss-Kahn and the deputy governor of the People’s Bank of China, Yi Gang, signed the agreement in Washington.
Thursday, September 3rd 2009 - 03:40 UTC
H1N1 virus out-competes seasonal flu but not likely to mix into “super-bug”

The new H1N1 virus appears to out-compete seasonal flu, making it less likely to mix with other circulating flu viruses into a “super-bug” as some had feared United States researchers said this week.
Thursday, September 3rd 2009 - 03:34 UTC
Strong lobbying from UK’s defence industry fearful of budget cuts

Budget cuts could damage Britain’s armed forces and investing in the defence industry could help lead Britain out of recession, leading figures from the UK’s armaments sector said this week.
Thursday, September 3rd 2009 - 03:26 UTC
BP announces giant deep oil discovery in the Gulf of Mexico

British Petroleum announced Wednesday a giant oil discovery at its Tiber Prospect in the deepwater Gulf of Mexico. The well, located in Keathley Canyon block 102, approximately 400 kilometres south east of Houston, is in 1,259 metres of water.
Thursday, September 3rd 2009 - 03:21 UTC
Falklands on route map for 2010 Games in India Queen’s Baton relay

Britain’s Queen Elizabeth II is to launch a baton relay – one of the longest in history – in the presence of Indian President Pratibha Patil to lift the curtain on the 2010 Commonwealth Games in Delhi, organizers announced this week.
Thursday, September 3rd 2009 - 03:13 UTC
Brazil claims Amazon deforestation is down, but satellites say otherwise

Brazil's Environment minister claims increased policing have brought a sharp drop in Amazon deforestation over the past year, despite July's jump in logging. Predicting 2009 will witness a significant decline in clearing, Carlos Minc said there had been a 46% fall in the jungle's destruction since July 2008, with just 4375sq km cleared.
Thursday, September 3rd 2009 - 03:10 UTC
Dead sea lions toll in north Chile rises to 1.067, mostly pups

The official Chilean government count of dead sea lions that washed up on the shores of Chile's northern coast in the past two weeks has risen to 1,067, reported the National Fishing Service (SERNAPESCA).
Wednesday, September 2nd 2009 - 13:48 UTC
Colombian lawmakers pass Uribe re-election bill

Colombian lawmakers passed a bill on Tuesday aimed at allowing President Alvaro Uribe to seek a third consecutive term if the conservative U.S. ally chooses to run for re-election next May.