MercoPress. South Atlantic News Agency
Stories for February 8th 2010
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Monday, February 8th 2010 - 02:07 UTC
Mujica calls on followers to build a better society and not collect bills from the past
Uruguay’s president elect Jose Pepe Mujica called on militants and followers “to meditate, to think” about the motives for “the cause, colours and commitments” of the catch-all coalition which under his leadership will be repeating another five years of government.
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Monday, February 8th 2010 - 02:04 UTC
Brazil’s middle class is half the population, but destitute remain at 40%
The Brazilian middle class has grown sustainedly since 2003, when President Lula da Silva first took office and now represents almost half of the country’s population according to a report from the Getulio Vargas foundation released over the weekend.
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Monday, February 8th 2010 - 02:00 UTC
Former IMF economist has UK in the same bag as Greece, Portugal and Spain
Britain should be seen in the same category of countries as Greece, Portugal and Spain, who are facing severe debt problems, a leading economist has said. Ex-IMF chief economist Simon Johnson, also described the G7 group of leading economies as “fundamentally useless”.
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Monday, February 8th 2010 - 01:58 UTC
Bank of England to continue buying corporate bonds but with Treasury bills
The Bank of England will continue to buy up corporate bonds despite calling a halt to its Quantitative Easing programme, it has emerged. George Trefgarne from the Centre for Policy Studies highlighted the development in an interview with Sky's Jeff Randall Live programme.
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Monday, February 8th 2010 - 01:56 UTC
US jobless rate down to 9.7% in January, five month low
The jobless rate in the US has dropped to 9.7%, marking a five-month low. The new figures suggest the labour market is improving, despite employers unexpectedly cutting 20,000 jobs in January.
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Monday, February 8th 2010 - 01:52 UTC
Lula da Silva’s party fearful of “Brazilian sub-imperialism” and arrogance
Brazil “sub-imperialism”, the arrogance of Brazilian businessmen and a more left wing approach for a future government of the ruling Workers Party, PT, are some of the points of the document to be considered next week at the party’s convention that must nominate the candidate for October’s presidential campaign and supposedly the heir of Lula da Silva.
