Stories for September 2010

Tuesday, September 21st 2010 - 02:27 UTC
The US “Great Recession” officially ended June 2009, says top think-tank

The United States recession lasted 18 months and was the most prolonged since World War II, a report has concluded. The National Bureau of Economic Research said the recovery began in June 2009, with recession having begun in 2007.
Tuesday, September 21st 2010 - 01:54 UTC
Argentina denies “innocent pass” to Spanish trawler sailing from Falklands

A Spanish flagged trawler that operates in Falkland Islands waters and was heading to Montevideo to unload 700 tons of fish was denied “innocent pass” through Argentine waters and had to steam an additional 17 hours at a cost of 7.000 litres of fuel.
Tuesday, September 21st 2010 - 01:19 UTC
Uruguay bans docking permit to Royal Navy vessel heading for the Falklands

HMS Gloucester, the Royal Navy South Atlantic patrol was banned from entering Montevideo for supplies and fuel, just a few hours before docking and in spite of having been authorized several days before to call in at Uruguay’s capital port.
Monday, September 20th 2010 - 23:59 UTC
International trade forecasted to grow 13.5% in 2010, says WTO

International trade will expand by an unprecedented 13.5 this year, the World Trade Organization said, revising its forecast because of a faster-than-expected recovery in flows of global commerce.
Monday, September 20th 2010 - 23:33 UTC
Mrs. Kirchner scheduled to address UN assembly Friday

Argentine President Cristina Fernández de Kirchner is expected in New York Wednesday to meet an intensive agenda that includes addressing the UN General Assembly next Friday when a strong call for Falklands/Malvinas negotiations is expected.
Monday, September 20th 2010 - 23:26 UTC
“Malvinas pending issue for United Nations”, says Argentine ambassador Argüello

Every day it becomes more difficult for the UK to justify before the international community why it looks down on United Nations General Assembly resolutions, said the Argentine ambassador before the UN in direct reference to the Falklands/Malvinas sovereignty dispute.
Monday, September 20th 2010 - 23:25 UTC
US high unemployment rates “will persist” for another two years, says OECD

Recovery in the United States is under way but at such a moderate pace that painfully high unemployment rates will persist for some time, the Organization for Economic Cooperation and Development said on Monday
Monday, September 20th 2010 - 23:07 UTC
Lula da Silva and presidential candidate Rousseff attack the press

Brazil’s ruling party presidential candidate Dilma Rousseff accused the newspaper Folha de Sao Paulo of “defamation” for publishing an article linking her to alleged irregularities during her time as an official and, in this way, joined the criticisms against certain media formulated by President Lula da Silva.
Monday, September 20th 2010 - 21:19 UTC
Brazil/UK defence cooperation treaty; joint amphibious exercises in Rio

Relations between the UK and Brazil were strengthened this month following the signing last week in Brazil of a Defence Cooperation Treaty between the two countries, according to the English publication Defence News and Business.
Monday, September 20th 2010 - 05:44 UTC
China rejects pressure to appreciate Yuan; US lobbying G20 ahead of summit

An advisor to China's central bank has rebuffed criticism from the US over Beijing's exchange rate policy. In a speech in Beijing, Li Daokui said China “will not appreciate the Yuan solely because of external pressure”.