Stories for May 2010

Monday, May 10th 2010 - 05:38 UTC
Cameron Inching Closer to 10 Downing, but Minority Government an Option

Negotiators for Conservative David Cameron and Liberal Democrat Nick Clegg completed their third session in search of a deal to form a new British government as they faced pressure to reassure investors over political stability.
Monday, May 10th 2010 - 05:35 UTC
EU Reacts and Unveils Package of 962 Billion US Dollars to Bolster the Euro

European leaders unveiled an unprecedented loan package worth almost one trillion US dollars and a program of bond purchases in an attempt to bolster the Euro that has become highly vulnerable because of the Greek sovereign-debt crisis.
Monday, May 10th 2010 - 03:39 UTC
UNASUR Agrees to Boost Defense Expenditure Transparency

The Union of South American Nations (UNASUR) agreed over the week end to boost defence expending transparency to ensure regional stability which, according to Venezuela, Bolivia and Ecuador is threatened by a controversial military agreement between United States and Colombia.
Monday, May 10th 2010 - 03:36 UTC
Falklands Attends Commonwealth Parliamentary Association Conference

Legislative Assembly member Sharon Halford is attending the annual British Islands and Mediterranean Regional Conference of the Commonwealth Parliamentary Association in the Isle of Man which opens Monday until May 14.
Monday, May 10th 2010 - 03:33 UTC
Greek Crisis Costs Germany’s Coalition Control of Parliament Upper House

German Chancellor Angela Merkel's party and its coalition allies have been defeated in regional elections in North Rhine-Westphalia, projections suggest. If confirmed, this would see Ms. Merkel's national coalition lose its slim majority in the upper house of parliament, the Bundesrat.
Monday, May 10th 2010 - 03:29 UTC
German Highest Court Rejects Attempt to Block Rescue Aid to Greece

Germany's highest court on Saturday rejected a request by a group of academics to block the immediate release of Berlin's multi-billion-euro loan to debt-stricken Greece.
Monday, May 10th 2010 - 03:24 UTC
Falklands’ HMS Clyde Rescues Family from Sinking Iceberg Hit Yacht

A British family has been rescued by the Falkland Islands Protection Vessel in the south Atlantic after their yacht hit an iceberg and began to sink. Carl Lomas and Tracey Worth, who are also known as Lord and Lady Hollinsclough, and their two daughters were sailing 300 miles north-east of South Georgia when their 18-metre boat hit the low-lying iceberg.
Monday, May 10th 2010 - 03:19 UTC
Montevideo Has Her First Woman Elected and Communist Mayor

Communist Ana Olivera became Sunday the first elected woman mayor of the capital of Uruguay, Montevideo, following municipal elections for executive posts and councillors in the 19 regions in which the country is divided.
Saturday, May 8th 2010 - 06:39 UTC
Spanish Recession and Lack of Jobs Forces Latam Immigrants to Return Home

More immigrants from non-European Union countries are returning to their native lands this year with help from the Spanish government, a situation similar to 2009, when the number of immigrants forced to pack up and go doubled because of the economic crisis.
Saturday, May 8th 2010 - 06:36 UTC
Tories and Lib Dems Hold Coalition Talks; Agree PM Brown Should Walk Down

Conservative leader David Cameron has reached out to the Liberal Democrats in an effort to form a government after the UK general election resulted in a hung parliament. The Tory leader, whose party won most seats but was short of a majority, said he wanted to make a “big open and comprehensive offer” to the Lib Dems.