Stories for 2009

Friday, June 5th 2009 - 13:11 UTC
Bank of England keep rates and quantitative easing unchanged

The Bank of England Monetary Policy Committee voted Thursday to maintain the official rate unchanged at 0.5% for the third month in a row, but no fresh measures to stimulate the economy were announced.
Friday, June 5th 2009 - 13:08 UTC
Raul Castro removes architect of the “convertible peso”

The head of Cuba's central bank Francisco Soberón has resigned after holding the job for fifteen years. He was replaced by Ernesto Medina who heads Banco Financiero Internacional, one of Cuba's biggest banks, according to an official announcement read on Thursday evening news.
Friday, June 5th 2009 - 08:21 UTC
The noose tightens: another ministerial shove for PM Brown to step down

British Prime Minister Gordon Brown has been put under further pressure to step down as Work and Pensions Secretary James Purnell dramatically announced he was quitting the Cabinet as polls closed in crunch elections.
Friday, June 5th 2009 - 08:13 UTC
Argentina’s spat with Uruguay not exclusive, say diplomats

The diplomatic spat to which Uruguay is being exposed by Argentina over the Botnia pulp mill conflict is not exclusive or an isolated case, it was revealed during a recent meeting of Uruguayan ambassadors that returned to Montevideo to address trade issues.
Friday, June 5th 2009 - 08:09 UTC
Short of dollars, Venezuela tightens currency exchange controls

Venezuela tightened currency-exchange controls this week cutting in half the amount of dollars that residents may obtain through the government to send to relatives abroad according to Official Gazette.
Friday, June 5th 2009 - 05:36 UTC
Money remittances by Mexicans plunged 18% in April

Money sent home by Mexicans living abroad plunged in April by more than 18% compared to the same period last year, the biggest monthly fall on record, the central bank said this week.
Friday, June 5th 2009 - 05:29 UTC
US not contemplating the end of the embargo on Cuba

The United States government said it was satisfied with the resolution which revoked OAS sanctions on Cuba, but warned that it’s “not contemplating” for the moment talking about an end on the half century embargo on the Havana regime.
Friday, June 5th 2009 - 05:05 UTC
OAS decision a “great victory”, but Cuba will not return

Cuban National Assembly president Ricardo Alarcón said on Thursday that the decision of the Organization of American States (OAS) to lift Cuba's exclusion is a “great victory” for Latinamerica and the island, although he reiterated that the Castro regime will not return to the institution.
Friday, June 5th 2009 - 04:34 UTC
Paraguay meat exports down 25% in first five months of 2009

Paraguay meat exports totaled 245 million US dollars in the first five months of the year, which represents a 25% decline compared to the same period a year ago (328 million US dollars), according to the latest official reports.
Friday, June 5th 2009 - 04:32 UTC
Auto sales in Brazil rose 5.4% in May from April

Automobile sales in Brazil rose 5.4% in May from April, rebounding after a sharp decline the previous month, the national automakers' association Anfavea said on Thursday