Stories for August 2010

Wednesday, August 11th 2010 - 06:46 UTC
Ecuador’s Correa blames former leader Uribe for the bilateral conflict

Ecuadorian President Rafael Correa blamed former president Alvaro Uribe for wrecking trust between the two nations by ordering a military attack on Ecuador's soil (in 2008) without requesting authorization from Quito.
Wednesday, August 11th 2010 - 06:43 UTC
Timerman meets Hillary Clinton to elaborate bilateral and regional agenda

Argentine Foreign Affairs Minister Héctor Timerman is travelling to Washington for a series of meetings with several of US President Barack Obama's advisors in relation to regional, economic and nuclear issues in Latin America.
Wednesday, August 11th 2010 - 06:39 UTC
Two scientists allege to have solved “The Bermuda Triangle” mystery

According to two research scientists the mystery of vanished ships and airplanes in the region dubbed “The Bermuda Triangle” has been solved. No need to appeal to outer space aliens, time anomalies, submerged giant Atlantis pyramids and bizarre meteorological phenomena ... the “Triangle” simply suffers from an acute case of gas.
Wednesday, August 11th 2010 - 06:38 UTC
Church bells in Wales return home to Santiago to mark Chile’s bicentennial

A set of church bells that survived a Santiago fire and spent almost 150 year in Wales will return to Chile to mark the country's bicentennial celebrations, Minister for Latin America Jeremy Browne made the announcement Tuesday.
Wednesday, August 11th 2010 - 06:31 UTC
Falklands’ air-bridge Air Seychelles begins to comply with EU emissions rules

Air Seychelles which currently covers the Falkland Islands/United Kingdom air bridge is in the process of meeting the European Union’s emissions’ monitoring and reporting requirements, reports Global Travel Industry News.
Wednesday, August 11th 2010 - 06:27 UTC
Private sector anticipates strong performance of Argentine economy in 2010/11

Argentina’s Finance Executive's Institute (IAEF) indicates Argentina could grow 6.5% in 2010 and 4.5% in 2011 according to its August report released this week.
Wednesday, August 11th 2010 - 06:25 UTC
China’s import growth slowed down in July, while exports kept rising

China's import growth slowed in July, which economists are seeing as a sign that the country's rapid economic expansion is cooling. Imports climbed by 22.7% compared with a year ago to 116.8 billon US dollars, which is well below the 53% expansion seen in June.
Wednesday, August 11th 2010 - 06:21 UTC
Japan leaves benchmark rate on hold; fears Chinese slowdown

Japan's central bank has kept its benchmark interest rate unchanged as it tries to nurture the country's slow recovery from recession while also attempting to tackle deflation. Rates have been held at 0.1% since the end of 2008.
Wednesday, August 11th 2010 - 06:19 UTC
Fed admits modest US recovery and will buy long term government debt

The US Federal Reserve announced Tuesday steps to boost economic recovery and will be using proceeds from its investments in mortgage securities to buy longer-term government debt. The Fed also kept interest rates unchanged at between zero and 0.25%.
Wednesday, August 11th 2010 - 06:11 UTC
Former Mexican president backs legalization of drugs: prohibition has failed

Former Mexican president Vicente Fox, a key US ally in the war on drugs, has backed the legalization of drugs, saying prohibition has failed to curb Mexico's spiralling violence and corruption.