Stories for 2009

Monday, September 7th 2009 - 14:28 UTC
UK prepares for budget deficit and spending debate

United Kingdom Chancellor Alistair Darling is set to unveil plans within the next few months to halve the Government's spending deficit over four years, his deputy at the Treasury said.
Monday, September 7th 2009 - 14:24 UTC
British Tories promise to slash military top brass and civilian staff

A United Kingdom Conservative government would carry out a capability review of Britain's defence establishment, which can be expected to cut the number of military top brass and slash civilian staff at the Ministry of Defence, party spokesman Liam Fox will announce.
Monday, September 7th 2009 - 14:12 UTC
Cuban government joins the internet sales-auction-exchange business

Cuba’s Housing Institute has created as specific site in the web to facilitate the search and paper-work for people interested in the interchange of homes, reported the broadcasting station Reloj. The sale and purchase of real estate in Cuba is illegal.
Monday, September 7th 2009 - 14:08 UTC
China’s top 500 corporations outperformed the US top 500, says Beijing

Profits of the top 500 Chinese corporations in 2008 exceeded that of their United States counterparts. Gains for the full year in 2008 totalled 1.21 trillion Yuan (177.17 billion US dollars), much more than the 98.9 billion USD from the top 500 US firms in the same period.
Monday, September 7th 2009 - 14:06 UTC
Argentine next-of-kin preparing for trip to open Darwin cemetery Memorial

Over 300 relatives from Argentines combatants killed in 1982 during the Falkland Islands conflict are preparing for the trip for the official inauguration of the Memorial at the Argentine cemetery in Darwin, according to Cesar Trejo member of the Malvinas Families Commission.
Sunday, September 6th 2009 - 18:33 UTC
G20 vow to keep spending high

The Group of 20 finance ministers have pledged to maintain stimulus measures such as extra government spending and low interest rates to boost the global economy.
Saturday, September 5th 2009 - 13:17 UTC
Argentine farmers end eight day boycott promising to “keep fighting”

Argentine farmers marked on Friday the end of an eight-day sales boycott with rallies and marches promising to “keep fighting” in support of aid for peers suffering from the worst drought in decades and to eliminate the current export tariffs system which distorts production and threatens several crops.
Saturday, September 5th 2009 - 13:11 UTC
Conservative presidential candidate remains clearly ahead in opinion polls

The latest Centre of Public Studies (CEP) poll, released Thursday, shows Chilean presidential candidate Sebastián Piñera of the conservative Alianza coalition maintains a nine-point lead over Senator Eduardo Frei in a hypothetical first-round presidential election.
Saturday, September 5th 2009 - 13:06 UTC
Leading economist Roubini warns of “U shaped” or “W shaped” recovery

Leading economist Nouriel Roubini who predicted the global financial crisis said Friday in Italy that he expects a slow recovery for advanced economies, but emerging economies may experience a quicker more robust growth.
Saturday, September 5th 2009 - 06:32 UTC
Controversy over bankers’ bonuses at Finance minister summit in London

A cap on bonuses paid to London City bankers would be “enforceable” UK Chancellor of the Exchequer Alistair Darling warned on Friday. Proposals to curb excessive pay and bonuses are being pushed by European nations at the two-day meeting of Finance ministers from the G20 group of major economies being hosted by Mr. Darling in London.