Stories for July 22nd 2010

Thursday, July 22nd 2010 - 09:32 UTC
IMF warns Europe must address “underlying problems”

A government debt crisis that has engulfed the Euro-zone should serve as a “wake-up call” for European governments to keep a more watchful eye on their budgets, the International Monetary Fund (IMF) said Wednesday.
Thursday, July 22nd 2010 - 09:30 UTC
Human Rights Watch calls on Chavez to eliminate office to control public debate

Venezuela should close a recently created office that grants President Hugo Chávez administration broad powers to limit public debate, Human Rights Watch said Wednesday in a release. The government should also stop seeking to discredit human rights defenders and prosecuting critics.
Thursday, July 22nd 2010 - 09:22 UTC
Eleven countries condemn Arizona’s controversial immigration law

Eleven countries mostly from Latinamerica on Wednesday signed a declaration condemning the US state of Arizona's controversial immigration law, describing it as “racist and xenophobic.”
Thursday, July 22nd 2010 - 09:19 UTC
Former president Bachelet joint Inter-American Dialogue think-tank

Former president of Chile Michelle Bachelet has joined the Inter-American Dialogue’s Board of Directors to serve as its Latin American Co-Chair.
Thursday, July 22nd 2010 - 09:14 UTC
Tiger Woods, world’s highest earning athlete, says Sports Illustrated

Professional golfer Tiger Woods in spite of have been away from the links several months since his extramarital affairs were exposed last year, is still the world's highest earning athlete, according to 2010 rankings released on Wednesday.
Thursday, July 22nd 2010 - 09:10 UTC
Outlook of US economy remains “unusually uncertain” says Bernanke

US Federal Reserve chairman Ben Bernanke has warned that the outlook for the US economy remains “unusually uncertain”. In testimony before the Senate Banking Committee, Mr Bernanke said record low interest rates would still be needed to support economic recovery.
Thursday, July 22nd 2010 - 09:05 UTC
Uruguay/Argentina on 48 hours ‘reflection period’ before retaking negotiations

Uruguay and Argentina agreed Wednesday on a 48 hours “reflection period” before retaking formal negotiations for the joint monitoring of the River Uruguay, which is at the heart of the pulp mills dispute, and alleged contamination, between the neighbouring countries.
Thursday, July 22nd 2010 - 09:02 UTC
Falklands’ oil exploration continues with Rockhopper ready to drill second well

Rockhopper Exploration the only company so far to have announced the discovery of oil in Falklands’ waters is preparing to spud its second well in the North Falkland basin, the company announced in a release.
Thursday, July 22nd 2010 - 02:31 UTC
Mercosur driving the strong recovery in Latam and Caribbean, says UN

Latin America and the Caribbean is consolidating its recovery from the global economic slowdown, posting higher-than-expected growth in recent months. Although some countries in the region face serious pitfalls, according to a new United Nations report, Mercosur stands out as driving the revival.