Stories for May 2010

Saturday, May 29th 2010 - 01:35 UTC
IMF raises global economic growth forecast to 4.25% in 2010

The IMF sees global economic growth of 4.25% this year and next, “faster than previously expected,” the head of the multilateral lender said on Friday.
Saturday, May 29th 2010 - 01:32 UTC
Australia begins legal action in The Hague against Japan over whaling

Australia has said it will begin legal action against Japan over whaling in the Antarctic. Canberra will argue that the annual whaling hunt in the Southern Ocean is in violation of an international ban on commercial whaling.
Saturday, May 29th 2010 - 01:28 UTC
Argentines the most anxious of Latinamerica and at world level

Argentines are the most anxious people in Latinamerica and rank among the most nervous at world level according to an international opinion poll which reveals that eight out of ten residents in Argentina admit to suffering some sort of anxiety.
Saturday, May 29th 2010 - 01:25 UTC
Peru/Chile maritime dispute extends to Ecuador and Colombia

In addition to having called upon Ecuador a few weeks ago as a witness in Chile’s maritime dispute with Peru, the International Court of Justice (ICJ) at The Hague also asked the Permanent Commission of the South Pacific (CPPS) – of which Colombia is a member to testify.
Saturday, May 29th 2010 - 01:16 UTC
Plymouth commemorative plaque for Falklands’ conflict Royal Navy vessel

The Commanding Officer of one of the Royal Navy Devonport-based frigates lost in the Falklands conflict has unveiled a commemorative plaque in Plymouth, reports the Herald from Plymouth.
Saturday, May 29th 2010 - 01:14 UTC
US citizen who spent 15 years in Peruvian jail convicted for terrorism is released

Lori Berenson, a US citizen who was convicted of terrorism and has spent the last 15 years in a Peruvian jail, has being released, according to Lima newspaper El Comercio.
Saturday, May 29th 2010 - 01:06 UTC
Mercosur supports re-election of IADB president Moreno

Mercosur as a block and the country members have extended full support to the re-election of Colombia’s Luis Alberto Moreno as president of the Inter American Development bank, IADB.
Friday, May 28th 2010 - 11:09 UTC
Whales centre study to be built in Chile’s Strait of Magellan

Chile is researching the possible construction of a new centre for visitors and scientists to study whales in the Straits of Magellan.
Friday, May 28th 2010 - 04:53 UTC
Brazil suggests Yuan and Real be included as IMF conversion currencies

Brazilian Finance Minister Guido Mantega suggested the International Monetary Fund (IMF) include China's Yuan and Brazil's Real as conversion currencies for Special Drawing Rights (SDR) of the institution.
Friday, May 28th 2010 - 04:51 UTC
Argentina wins appeal on damage award to thousands of defaulted bond holders

US federal appeals court threw out a 2.24 billion US dollars damage award to tens of thousands of investors who held defaulted Argentine sovereign bonds, saying a lower court erred in calculating an “inflated” sum.