Stories for 2009

Tuesday, September 15th 2009 - 12:00 UTC
Obama warns Wall Street bankers on anniversary of Lehman collapse

US President Barack Obama has warned bankers against complacency, saying that some in the industry are ignoring the lessons of the financial crisis. “We will not go back to the days of reckless behaviour and unchecked excess at the heart of this crisis,” he said.
Tuesday, September 15th 2009 - 11:57 UTC
US extends trade embargo on Cuba for another year

Despite vowing a new beginning in the US-Cuba relations, President Barack Obama has decided to extend the 47-year-long US trade embargo on Cuba for another year.
Tuesday, September 15th 2009 - 11:53 UTC
Signs of EU fragile recovery but job losses set to peak in coming quarters

European Union (EU) governments should be braced for more job losses, officials in Brussels said Monday as they published forecasts pointing to a slow recovery in the 27-member bloc. Unemployment in the Euro-zone reached 9% in the second quarter and could reach 10% in the coming quarters.
Tuesday, September 15th 2009 - 09:49 UTC
Argentina accuses Uruguay of “irreversible damage” to the ecosystem

Argentina told the International Court of Justice Monday that Uruguayan pollution of a border river was a grave infringement of Argentinean rights. Argentina and Uruguay have been wrangling for years over a giant pulp mill sited on the Uruguay River, which divides the two South American nations.
Tuesday, September 15th 2009 - 08:31 UTC
Mujica repentant for condemning Uruguay to endure military dictatorship

Uruguay’s incumbent presidential candidate and former Tupamaros guerrilla leader Jose “Pepe” Mujica sent shockwaves both inside the ruling coalition and the opposition as a result of a long controversial Sunday interview with the Buenos Aires daily La Nación.
Tuesday, September 15th 2009 - 06:24 UTC
Re-sail of Darwin’s global travel calls in Falklands next November

The international project “Beagle, on the Future of Species” a re-sail of Charles Darwin’s global travels which 150 years ago drastically changed the concepts of creation and evolution, but now geared to investigate the earth’s future is scheduled to call in the Falkland Islands next November
Tuesday, September 15th 2009 - 04:31 UTC
French unions against military technology transfer to Brazil

French unions are not pleased with the transfer of military technology to Brazil recently agreed between presidents Nicholas Sarkozy and Lula da Silva, according to press reports.
Tuesday, September 15th 2009 - 04:01 UTC
Britons’ collective value of wealth dropped 12% in 2008

Britons saw the value of their wealth dive by 12% during 2008 on the back of steep house price falls and sliding equity markets, research showed yesterday. The collective wealth of all UK households dropped from £6.736 trillion at the end of 2007 to £5.921 trillion at the end of last year, according to Halifax.
Tuesday, September 15th 2009 - 03:59 UTC
The fiscal cost of pulling Brazil out or recession was “very cheap”

Brazilian Minister of Finance Guido Mantega said that the global crisis has a “very low cost” for the finances of Latinamerica’s largest economy which last week officially announced the end of recession.
Tuesday, September 15th 2009 - 02:30 UTC
Scientists confirm link between declining CO2 levels and Antarctica ice cap

The link between declining CO2 levels in the earth's atmosphere and the formation of the Antarctic ice caps some 34 million years ago has been confirmed for the first time in a major research study.