Stories for 2009

Wednesday, April 1st 2009 - 10:20 UTC
South American and Arab leaders agree on trade and investments

South American leaders underscored the importance of economic and political ties with the Arab world in a summit meeting with their Arab counterparts in Qatar. Tuesday's meeting, the second Arab-South American summit, in Doha, followed the conclusion of the Arab League conference in the city.
Wednesday, April 1st 2009 - 09:41 UTC
Imagine Falklands and Gibraltar naval facilities under EU control and flag

Britain's naval bases around the world should be put under the control of the European Union, according to a report commissioned by the Brussels Parliament and which was leaked to the British press this week.
Wednesday, April 1st 2009 - 09:08 UTC
Venezuela’s main opposition leader claims persecution and goes into hiding

Venezuelan opposition leader Manuel Rosales, under investigation for corruption, has gone into hiding to escape alleged persecution by President Hugo Chavez, his party said on Tuesday.
Tuesday, March 31st 2009 - 11:19 UTC
Venezuela benefited 14 “allies” with 220 billion USD in four years

Venezuela is estimated to have spent 220 billion US dollars from its oil and gas revenue in investments, subsidies and donations to 14 “allied” countries between 2005 and 2009, according to Centro de Investigaciones Economicas, a Caribbean think-tank.
Tuesday, March 31st 2009 - 10:32 UTC
Arab League, South America summit looks for political common ground

Arab League and South American countries will open Tuesday their second summit with the purpose of boosting trade and cooperation. The idea of regular meetings between the 22 members of the Arab League and 12 South American countries was born in Brasilia in 2005, sponsored by Brazilian president Lula da Silva.
Tuesday, March 31st 2009 - 10:00 UTC
Bolivian government airline takes off in stormy atmosphere

Bolivian government owned air carrier Boliviana de Aviación (BoA) took off last weekend with a first flight La Paz-Cochabamaba and 40 passengers, including President Evo Morales. However private operators are claiming the airline begins with a significant deficit and doubt it will be able to break even.
Tuesday, March 31st 2009 - 09:46 UTC
Spain rescues regional bank; financial stocks fall

Spain's decision to rescue a regional savings bank has sent financial stocks in the country lower. The Bank of Spain is to take over Caja Castilla la Mancha in the first bank bail-out in Spain since the global financial crisis began. The government will also back the bank with 9 billion Euros in guarantees.
Tuesday, March 31st 2009 - 08:56 UTC
Qatar says “it’s OK” with crude at 50USD per barrel

Qatar's oil minister said Monday he was “OK” with crude oil at 50 US dollars per barrel for this year, reflecting a measure of pragmatism by OPEC. However OPEC president forecasted that oil prices could reach 75USD by the end of the year.
Tuesday, March 31st 2009 - 07:21 UTC
Restructuring deadline for GM & Chrysler; Wall Street plunges

President Barack Obama has given US carmakers General Motors (GM) and Chrysler strict deadlines to restructure before getting more aid. General Motors will be given 60 days and Chrysler just 30 days to submit new plans for recovery.
Tuesday, March 31st 2009 - 07:14 UTC
PM Brown sets out the “five tests” for the G 20 world leaders

UK Prime Minister Gordon Brown has set out five tests which world leaders will face when they gather for the G20 summit in London on Thursday and urged them to “rise to the challenge” of beating the recession.