Stories for July 2010

Friday, July 16th 2010 - 04:00 UTC
Goldman Sachs fined 550 million USD for giving clients “incomplete information”

Goldman Sachs has agreed to pay 550 million US dollars to settle civil fraud charges of misleading investors. The US financial watchdog, the Securities and Exchange Commission (SEC), said this was the biggest fine against a bank in its history.
Friday, July 16th 2010 - 03:55 UTC
EU/Mercosur business leaders call for “ambitious and balanced” trade agreement

Brazilian and European business leaders gathered in Brasilia urged their governments to reach an “ambitious and balanced” trade agreement between Mercosur and the EU, and give first priority to the conclusion of the WTO Doha round talks.
Friday, July 16th 2010 - 03:46 UTC
US Senate approves biggest overhaul of financial regulation in decades

United States Senate has given final approval to the biggest overhaul of US financial regulation in decades. The reforms are intended to avert a repeat of the 2008 crisis that brought the world economy to the brink of collapse.
Friday, July 16th 2010 - 03:29 UTC
First Brazilian presidential candidates’ debate will be on internet

The first debate between Brazilian presidential candidates will be done exclusively for Internet, with the backup organization of the country’s four most important portals which make up an estimated 95% of internet users.
Friday, July 16th 2010 - 03:18 UTC
Two and a half million Chileans live below the poverty line

The numbers are startling: two and a half million Chileans are currently living below the poverty line, according to a new study by the Caracterización Socioeconómica Nacional (CASEN) 2009.
Friday, July 16th 2010 - 03:10 UTC
Argentina legalizes same-sex marriages including adopting children

Following a long and tense debate among lawmakers, Argentina has joined the group of select few nations to legalize marriages between same-sex couples.
Friday, July 16th 2010 - 03:05 UTC
Bolivia sea outlet negotiation with Chile inconclusive, next week in La Paz

The meeting between Chile and Bolivia’s foreign ministers was temporarily suspended as the pair attended the inauguration of a new border post between the two countries in Chungará.
Thursday, July 15th 2010 - 23:26 UTC
Uruguayan concern with Argentine interception of vessels bound for the Falklands

Uruguay’s leading newspaper dedicated its Sunday’s editorial to the recent incident when the Argentine Navy, in shared Uruguayan-Argentine waters, forced a small merchant vessel linked to the Falklands/Malvinas Islands to identify itself and provide all the information related to cargo and destination.
Thursday, July 15th 2010 - 06:46 UTC
Betancourt withdraws demand for compensation from Colombian government

French-Colombian ex-hostage and presidential hopeful Ingrid Betancourt withdraw this week a widely-criticized demand for compensation for nearly six years in captivity in Colombia.
Thursday, July 15th 2010 - 06:40 UTC
Mercosur member Paraguay among the world’s tope eight beef exporters

Mercosur full member Paraguay is now between the world’s eight top exporters of beef, with prospects of increasing that position as meat quality increases boosted by improved breeding and better sanitary conditions.