Stories for 2009

Tuesday, January 20th 2009 - 20:00 UTC
Paraguay requesting 300 million USD to finance 2009 budget

Mercosur weakest member, landlocked Paraguay will be appealing for funds from multilateral organizations to balance this year's budget, announced Finance minister Dionisio Borda.
Tuesday, January 20th 2009 - 20:00 UTC
USA: Stage set for Obama to make history

Barack Obama will make history when he is sworn in as the 44th president of the United States - the first black American to hold the post.
Tuesday, January 20th 2009 - 20:00 UTC
Best performer Peru changes financial helmsman

In an unexpected move and only after six months in the job, Peru's Finance Minister Luis Valdivieso resigned Monday and later in the day was replaced by his predecessor Luis Carranza who is closely linked to the Andean country's praised economic performance.
Tuesday, January 20th 2009 - 20:00 UTC
Informal poll shows St Helenians not interested in airport

When last December the British government put on hold plans to build an airport on the mid Atlantic island of St Helena, local councillors spoke of their “bitter disappointment”. But now a number of St. Helena residents say they want to stay cut off from the rest of the world, reports the BBC.
Tuesday, January 20th 2009 - 20:00 UTC
Uruguay meat exports down 33% during January

Uruguayan meat export revenue in the first half of January totalled 17 million US dollars, down 33% from the same period a year ago, according to the latest report from the country's Meat Board, INAC.
Tuesday, January 20th 2009 - 20:00 UTC
Corporate cuts cost Brazil 70.000 jobs and 27.8 billion USD

Brazil is estimated to have lost the equivalent of 27.8 billion US dollars in investments from domestic and international corporations as a direct consequence of the global recession, according to press reports from Sao Paulo.
Tuesday, January 20th 2009 - 20:00 UTC
British banking sector suffers devastating share losses

The bloodbath in the British banking sector continued apace on Tuesday as Lloyds Banking Group joined Royal Bank of Scotland in suffering further devastating share losses.
Tuesday, January 20th 2009 - 20:00 UTC
Fiat and Chrysler team up to face global car sector purge

Italian carmaker Fiat and US giant Chrysler have agreed to create a global strategic alliance, the companies said in a statement. Under the terms of the deal, Fiat will get a 35% stake in Chrysler. In return, the US firm will get access to Fiat's fuel-efficient vehicle technologies.It is hoped the agreement will lead to “substantial” savings for Chrysler.
Tuesday, January 20th 2009 - 20:00 UTC
Record December inflation fall opens the way for deflation

United Kingdom deflation fears were heightened after official figures released on Tuesday showed the annual rate of inflation fell at its fastest pace in December since the recession of the early 1990s.
Tuesday, January 20th 2009 - 20:00 UTC
“A great day for relations with Latinamerica”

With President Barack Obama's administration a “new chapter opens and a new relation with Latinamerica begins” said on Tuesday US ambassador in Argentina Anthony Wayne during a conference in Buenos Aires.