Stories for October 26th 2010

Tuesday, October 26th 2010 - 05:11 UTC
Roubini forecasts “cloudy” outlook for the Argentine economy in 2011

Nouriel Roubini, the New York University professor who predicted the global financial crisis, said the outlook for Argentina’s economy is “cloudy” and GDP is slated to decline in 2011 as the global slowdown may lead to fewer exports.
Tuesday, October 26th 2010 - 05:07 UTC
Argentina’s main business organizations react to profit-sharing with unions

Argentina's top business groups on Monday openly reacted against legislation backed by the country's largest trade union group that would require companies to share 10% of their annual net profits with employees.
Tuesday, October 26th 2010 - 05:01 UTC
“Ultra-K” militant cleared for the Argentine embassy in Montevideo

The Argentine Senate finally approved the nomination of Miguel Dante Dovena, a very close advisor of the Kirchner couple as the next ambassador in Uruguay.
Tuesday, October 26th 2010 - 04:59 UTC
Argentina announces production of enriched uranium for 2011

Argentina will produce the first batch of enriched uranium for civilian purposes next year as part of the re-launching of its atomic power industry, President Cristina Fernandez de Kirchner said Monday.
Tuesday, October 26th 2010 - 04:46 UTC
Singapore wants to merge with Sydney and create Asia’s second financial hub

The Singapore stock exchange (SGX) has unveiled a multi-billion dollar bid for the company that owns the Australian Stock Exchange (ASX) in Sydney. If approved the 8.3 billion take-over would mark the first stock exchange merger in the Asia Pacific region.
Tuesday, October 26th 2010 - 04:44 UTC
An overwhelming majority of Chileans accept cohabitation before marriage

Eighty-seven percent of Chileans believe that single mothers are capable of raising children just as well as married couples or mothers with partners, according to a recent survey. Support for men as single parents is similarly strong, as 79 percent of those surveyed believe the same of single fathers.
Tuesday, October 26th 2010 - 04:32 UTC
US Treasury bonds fetch negative yield ahead of Fed’s actions to prop inflation

US Treasury Department sold securities that fetched a negative yield for the first time, implying investors are willing to pay the government to own its debt. This is a milestone in the current rock-bottom interest rate environment, as the Federal Reserve is widely expected next week to announce it will buy more Treasuries to jump-start a sluggish economy.
Tuesday, October 26th 2010 - 02:44 UTC
Argentine population in Antarctica 230, including nine families and 16 children

Argentina’s population and housing census which this week took off in Antarctica revealed that 230 people live in the six Argentine bases including nine families and 16 children. The survey was done two days before the official launching in continental Argentina and was considered a “very successful experience”.
Tuesday, October 26th 2010 - 02:32 UTC
Iglesias praises agreement to giver emerging economies greater say in IMF

Enrique Iglesias, Ibero-America secretary general praised the G-20 decision to reform the IMF giving greater representation to the emerging economies but warned that the so called “currencies war” threatens to trigger a dangerous bout of protectionism at world level.
Tuesday, October 26th 2010 - 02:30 UTC
Unasur begins shipping medicines and aid to fight outbreak of cholera in Haiti

The Union of South American nations, Unasur agreed to ship to Haiti medicines, drinking water and other needed aid to help combat the outbreak of cholera in the Caribbean island.