Stories for June 24th 2010

Thursday, June 24th 2010 - 05:35 UTC
China’s constructive role in global economic and financial affairs

By Dr. Ye Yu, Assistant Director of the Institute for Comparative Studies affiliated to the Shanghai Institute for International Studies (Special for People's Daily Online).The Group of Twenty (G-20) Summit (*) has opened a new page in the management of global economy and financial system, and China has played an important positive and constructive role since the First G20 Summit was held in Washington D.C. in November 2008.
Thursday, June 24th 2010 - 05:30 UTC
Argentine Lower House votes to sanction companies operating in Falklands

Argentina’s Lower House gave unanimous preliminary approval to a bill that seeks to impose sanctions on corporations operating in Argentina that may be looking to work in the Falkland/Malvinas Islands with out the approval of Argentine authorities. The bill must now be ratified by the Senate.
Thursday, June 24th 2010 - 04:32 UTC
A majority of Latinamerican children (63%) live in poverty conditions, claims UN

Almost 63% of Latinamerican and Caribbean children and adolescents suffer some kind of poverty determined by the impairments which affect the full exercise of their rights and the income level of their families, according to a joint report from the United Nations Economic Commission for Latinamerica and Caribbean and the UN Children’s Fund, Cepal and Unicef.
Thursday, June 24th 2010 - 04:24 UTC
Spanish Parliament supports Gibraltar’s bunkering operations

The Spanish Parliament voted Tuesday against a proposal urging a ban on the use of floating storage tankers in Gibraltar. The Popular Party motion before the Parliament’s Foreign Affairs Commission called on Madrid to ask the British Government to force Gibraltar to store all bunkering fuel on land.
Thursday, June 24th 2010 - 04:02 UTC
Venezuela’s top ministers step down to run in September congressional election

President Hugo Chavez overhauled his cabinet replacing seven ministers so they can seek legislative seats in Venezuela’s September congressional elections, the government announced Wednesday.
Thursday, June 24th 2010 - 04:00 UTC
Strong austerity measures anticipate Spain will slip back into recession

The Spanish economy will slip back into recession in the second half of the year, a foundation supported by the country’s savings banks said in a publication released Wednesday.
Thursday, June 24th 2010 - 02:27 UTC
Soros warns that Germany’s policies threaten the Euro and European Union

Germany's budget savings policy risks destroying the European project and a collapse of the Euro cannot be ruled out, billionaire investor George Soros said in a newspaper interview.
Thursday, June 24th 2010 - 02:24 UTC
Lack of compromise questions credibility of International Whaling Commission

Attempts to agree a compromise between whaling nations and their opponents at the International Whaling Commission's (IWC) annual meeting in Morocco have failed. After two days of private discussions, delegates reported they had been unable to reach agreement on major issues.
Thursday, June 24th 2010 - 02:08 UTC
Mercosur “too small” for Brazil, claims Sao Paulo federation of industries

One of Brazil’s most influential lobbies, the Sao Paulo Federation of Industries, FIESP, claims that Mercosur is an economic space “too small” given the development and “growing international presence of Brazil”.