Stories for 2009

Thursday, October 15th 2009 - 02:56 UTC
Latinamerican banks sound and safe, according to S&P ratings

Latinamerican banks will see second quarter gains despite the economic crisis due to a greater dependency on deposits rather than loans, Standard & Poor's ratings agency said.
Thursday, October 15th 2009 - 02:52 UTC
Majority of young Argentines consider Malvinas a “national cause”

Eight out of ten Argentines believes that the British presence in the Malvinas/Falkland Islands is a violation of Argentine sovereignty, although a significant percentage is willing to consider the possibility or shared sovereignty, according to the latest survey to be released in Buenos Aires.
Wednesday, October 14th 2009 - 10:19 UTC
Montevideo port becomes most advanced container terminal in South America

Uruguay inaugurated this week the new Montevideo’s port facilities which will expand handling to over 1.1 million containers annually making it the most advanced terminal of South America.
Wednesday, October 14th 2009 - 09:39 UTC
OPEC optimistic about global recovery anticipates stronger demand for oil

The Organization of the Petroleum Exporting Countries (OPEC) has predicted for next year an increase in global demand for oil driven by a global economic recovery. The 12-nation cartel said in its latest monthly report that 2010 world demand for crude would be 84.93 million barrels per day for an increase of 0.83%.
Wednesday, October 14th 2009 - 09:36 UTC
“Naked” images scanner pilot test at Manchester airport

A trial of a scanner that produces “naked” images of passengers has begun at Manchester Airport, Britain. The authorities say it will speed up security checks by quickly revealing any concealed weapons or explosives.
Wednesday, October 14th 2009 - 06:59 UTC
Britain has the worst quality of life in Europe says uSwitch.com

Despite having the highest incomes, people in Britain have the worst quality of life in Europe, a study shows. According to the uSwitch.com European Quality of Life Index, Britons have longer working hours, lower holiday entitlement and a higher cost of living than their counterparts in other European countries, placing them at the bottom of the list in survey.
Wednesday, October 14th 2009 - 06:54 UTC
Brazilian diplomacy looks to a post G7 multilateral world

The naming of Antonio Patriota, former Brazilian ambassador in United States as his Deputy, further strengthens the influence of Foreign Affairs minister Celso Amorim in the country’s foreign policy elaboration, according to reports in the Sao Paulo press.
Wednesday, October 14th 2009 - 06:37 UTC
Argentine farmers anticipate dismal crops except for soybeans

Argentina’s farmers will be investing 4.878 billion US dollars in the 2009/2010 crop season which represents a drop of 32.6% compared to the previous cycle according to different farmers organizations quoted this week in Buenos Aires media.
Wednesday, October 14th 2009 - 06:22 UTC
Zelaya and Micheletti closer to a solution for the Honduras crisis

Ousted Honduran president Manuel Zelaya sacked Tuesday one of his negotiators at the dialogue table with the de facto government, following his refusal to sign an understanding by which Zelaya desists from calling a constitutional assembly.
Wednesday, October 14th 2009 - 06:19 UTC
UK rates to remain low for years amid tax rises and spending cuts

UK interest rates will stay low for years amid tax rises and spending cuts, according to an economic forecast. The Centre for Economics and Business Research (CEBR) believes the rate will remain at its current 0.5% level until 2011 and not reach 2% until 2014.