Stories for March 2010

Wednesday, March 3rd 2010 - 07:14 UTC
US pledges long term relief for earthquake ravaged Chile

Secretary of State Hillary Clinton arrived in Brasilia Tuesday night for meetings with Brazilian leaders after a stop in Chile where she pledged long-term US relief help for the earthquake-ravaged country. Chilean officials say damage estimates range in the billions of dollars.
Wednesday, March 3rd 2010 - 07:11 UTC
Falklands’ MLA at Westminster political seminar

The Falkland Islands most voted member of the Legislative Assembly is currently in the United Kingdom where he will be participating of the Westminster Seminar, which is described as a perfect learning ground for recently elected politicians.
Wednesday, March 3rd 2010 - 07:03 UTC
Hillary meets President Bachelet pledges US support for quake-stricken Chile

Secretary of State Hillary Clinton pledged U.S. support Tuesday to earthquake-stricken Chile during the third stop on her six-nation tour of Latin America. Clinton told reporters in Santiago the US stands ready to help Chile in any way the government needs.
Wednesday, March 3rd 2010 - 06:53 UTC
Uribe’s presidential candidate leads in polls but could face run-off

Former Colombian Defence Minister Juan Manuel Santos leads the race to succeed President Alvaro Uribe in a May election after a court barred the president from seeking re-election, according to a public opinion poll released this week.
Wednesday, March 3rd 2010 - 06:51 UTC
Venezuela’s economy contracts 3.3% in 2009; modest forecast for 2010

Venezuela's economy fell by 3.3% in 2009 after contracting 5.8% in the last quarter, informed the Central Bank of Venezuela (BCV) which blamed the global crisis and falling prices for oil the country’s main export.
Wednesday, March 3rd 2010 - 06:39 UTC
Russian billionaire looses 53 million USD deposit on villa purchase

Russian billionaire Mikhail Prokhorov lost 53 million US dollars deposit on a 530 million USD villa in southern France after a court ruled Tuesday that he failed to complete the purchase.
Wednesday, March 3rd 2010 - 06:37 UTC
China dependent Australia raised interest rate 25 points to 4%

Australia's central bank raised interest rates on Tuesday for the fourth time since October, as it seeks to cool its growing economy. The increase, to 4% from 3.75%, was widely expected by economists.
Wednesday, March 3rd 2010 - 06:31 UTC
Canada leaves rates unchanged at 0.25% in spite of robust 5% growth

The Bank of Canada took its first steps Tuesday toward returning the country to more normal interest-rate levels by signalling a more hawkish tone on inflation and acknowledging the economy is performing better than expected on “vigorous” consumer demand.
Wednesday, March 3rd 2010 - 06:23 UTC
Ford Motor becomes tops US sales ahead of GM and Toyota

Ford Motor overtook rival General Motors in US sales on Tuesday as Toyota faltered amid a series of mass recalls and a congressional investigation into its safety standards. Toyota reported an 8.7% drop in February US sales to 100,027 vehicles, while the overall industry was expected to perform significantly better than depressed year-ago levels.
Wednesday, March 3rd 2010 - 06:16 UTC
Moon’s North Pole packed with ice revives hopes of human colonization

New analysis of scientific data from a NASA instrument aboard the 2008 Indian moon mission Chandrayaan-1 has detected more than 40 ice-filled craters in the lunar North Pole, reviving hopes for colonization of the moon by humans in future.