Stories for June 2010

Thursday, June 17th 2010 - 22:29 UTC
Irish church leaders attack “shocking” lending practices of some banks

Church leaders in Northern Ireland have launched a bitter attack on the ‘shocking’ lending polices of some banks, claiming they are putting ‘decent’ businesses and people at risk.
Thursday, June 17th 2010 - 22:25 UTC
IMF praises Spain’s efforts to reform economy and publish banks ‘stress tests’

The International Monetary Fund welcomed the results of a Spanish bond auction and said decisions by Spain and Germany to publish results of stress tests on banks will boost financial market confidence.
Thursday, June 17th 2010 - 06:13 UTC
Argentine activists suspend blockade; 60 days to reach agreement

Argentine activists voted Wednesday night to temporarily lift the roadblock on a bridge leading to Uruguay which has been at the heart of a diplomatic dispute between the two countries regarding the construction of a pulp mill on the Uruguayan side which allegedly contaminates.
Thursday, June 17th 2010 - 06:06 UTC
Taiana and Tierra del Fuego governor heads of delegation to C 24 in New York

A new chapter of the Argentine escalation of the Falklands/Malvinas sovereignty dispute is scheduled for next week at the United Nations Decolonization Committee or C24.
Thursday, June 17th 2010 - 06:04 UTC
Spanish government struggling to survive amid growing doubts about the economy

The Spanish government Wednesday approved a reform to make the labour market more flexible, amid growing international concern over the stability of the country's economy.
Thursday, June 17th 2010 - 06:01 UTC
Brazilian retail sales fall more than expected in April, in spite of World Cup

Brazilian retail sales declined 3% month-on-month in April, with only two of the ten surveyed sales components recording gains, the statistical agency IBGE said Wednesday. Economists were expecting sales to drop at a much slower rate of 1.6%.
Thursday, June 17th 2010 - 05:54 UTC
Scotch whisky matured for 64 years sold at £ 25.200

A Scotch whisky matured for more than six decades sold for 25,200 pounds ($37,245) at an Edinburgh auction Wednesday as collectors vied for rare malts.
Thursday, June 17th 2010 - 03:19 UTC
Mercosur and EU clash over mining environmental regulations

Mercosur and associate members Chile and Ecuador rejected environmental regulations for the mining sector, under consideration by the European parliament and which could become a barrier for minerals’ exports to the EU.
Thursday, June 17th 2010 - 02:39 UTC
Paraguayan Senator admits talks to support Venezuela’s Mercosur incorporation

In spite of a specific mandate to vote against the incorporation of Venezuela to Mercosur, the Colorado party which is the single strongest force in the Paraguayan senate could reconsider the situation according to Martin Chiola, first Vice-president of the Upper House.
Thursday, June 17th 2010 - 01:44 UTC
EU/Mercosur trade talks to take off end of June in Buenos Aires

Trade talks between the European Commission and Mercosur will begin at the end of the month, June 29 in Buenos Aires, according to EC sources. Talks are scheduled to last for over a year and expected to receive strong criticism from EU farmers’ organizations.