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Montevideo, April 16th 2024 - 13:13 UTC

Stories for January 28th 2010

  • Friday, January 29th 2010 - 06:48 UTC

    Bill Clinton asks Davos forum for money and distribution trucks

    The former president also appealed for long term investment

    Former US President Bill Clinton appealed for global business leaders to help Haiti rebuild after the earthquake which devastated its coastal capital and killed as many as 200,000 people.

  • Friday, January 29th 2010 - 06:08 UTC

    Chilean peso slumps on poor economic data and China: 530 to the US dollar

    Weaker copper demand from China impacts on the Chilean currency

    The Chilean peso fell for a ninth day running, its longest losing streak in 15 months, as December industrial sales and production data came in below forecasts and bearish prospects for the country’s main export, copper given China’s strong liquidity and credit restrictions.

  • Friday, January 29th 2010 - 06:00 UTC

    Ford post full-year earnings for the first time since 2005

    Ford was the only large US automaker not to reorganize under a government-supported bankruptcy

    Ford Motor Co posted 2009 earnings of 2.7 billion USD, its first full-year profit since 2005, and said it expected a 2010 profit amid market share gains and a slow US auto sales recovery.

  • Friday, January 29th 2010 - 03:05 UTC

    Cambio? The Obama Administration in Latin America: A Disappointing Year in Perspective

    In a memorandum written as Barack Obama assumed office in January 2009 COHA’s Research Fellows Guy Hursthouse and Tomás Ayuso considered widespread Latin American expectations of a dramatic shift in approach from Washington under the new president, and outlined an agenda for change aimed at achieving those hopes as the result of a bold new direction for U.S. relations with the region. A year later, they offer their evaluation of developments to date and conclude that a clear and meaningful program of change has failed to materialize under Obama, his Secretary of State, and the leadership team to which he has looked for drafting his regional agendas. At best, their fractured approach to Latin American issues has delivered mixed results. Looking ahead, the authors ask, despite the continued backing Obama continues to enjoy from a resilient public that still refuses give up on him, can we expect the president’s second year in office to deliver that coherent mixture of realism and idealism which has up to now proved elusive?

  • Friday, January 29th 2010 - 02:22 UTC

    Tough year ahead for Venezuelan president Hugo Chavez

    Shortages of power and water, and a strong devaluation of the currency have eroded support for Chavez

    Venezuelan president Hugo Chavez is facing a tough 2010 with growing complaints over shortages of electricity and water and a sharp currency devaluation that could harm the chances of his supporters in congressional elections in September.

  • Friday, January 29th 2010 - 01:54 UTC

    Canada confident of its oil potential development in spite of Venezuela

    According to the US Geological Survey Venezuela holds 500 billion barrels, and Canada 311 billion but “money recoverable”

    An assessment that Venezuela sits on one of the largest oil fields on record does not threaten the potential of Canadian reserve development, analysts said.

  • Friday, January 29th 2010 - 01:52 UTC

    Obama promises jobs and admits a “deficit of trust” by the US people

    “I do not accept second place for the US”, said Obama

    US president Barack Obama promised to make job creation his top priority as he made his first State of the Union address. Obama forecast the creation of 1.5 million jobs through the 'stimulus bill' in the nationally televised speech Wednesday evening to a joint session of Congress.

  • Thursday, January 28th 2010 - 23:52 UTC

    Tourism Law Aims To Professionalize Chile’s Industry

    With many different climate and landscape options tourism generates for Chile 10 billion US dollars annually (3.5% of GDP)

    A new tourism law passed by the Chilean Congress earlier this month is set to change the face of Chile’s tourist industry by setting standards for operators and guides.

  • Thursday, January 28th 2010 - 14:15 UTC

    Honduras Lobo moving “in the right direction”, but no US aid restoration yet

    Honduran President Porfirio Lobo  (AP)

    Newly-inaugurated Honduran President Porfirio Lobo is taking his country “in the right direction,” but the United States has not decided whether to restore aid to Honduras, said Arturo Valenzuela, US assistant secretary of state for western hemisphere affairs.

  • Thursday, January 28th 2010 - 14:09 UTC

    NASA surveillance flights to anticipate quakes in Haiti

    According to Haiti authorities as many as 200.000 people were killed two weeks ago (AP)

    US space agency NASA will send surveillance flights over Haiti and the Dominican Republic to look for signs that more earthquakes may hit the area after a giant quake that killed as many as 200,000 people two weeks ago.

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