Stories for October 2010

Wednesday, October 20th 2010 - 22:58 UTC
Argentina to declare wine “a national drink” helping promote the industry

Argentina will soon declare wine “a national drink” given its growing quality production and long rooted consumption dating back to the time of the colony several centuries ago.
Wednesday, October 20th 2010 - 22:47 UTC
Pope Benedict puts his (conservative) stamp by naming 20 ‘cardinal electors’

Pope Benedict put his stamp on the future of the Roman Catholic Church by naming 24 new cardinals, including 20 who are under 80 and thus eligible to enter a secret conclave to elect his successor.
Wednesday, October 20th 2010 - 22:46 UTC
Uruguay and Switzerland sign a Double Taxation Agreement

The governments of Uruguay and Switzerland agreed a Double Taxation Agreement (DTA) on October 18. The document was signed by the Uruguay’s Economy Minister, Fernando Lorenzo, and his Swiss counterpart, Hans-Rudolf Merz.
Wednesday, October 20th 2010 - 22:39 UTC
Spain reshuffles cabinet: Perez Rubalcaba new strong man; Moratinos out

Spain's Prime Minister Jose Luis Rodriguez Zapatero named a new deputy premier and foreign minister Wednesday as part of a major cabinet reshuffle at a time when his ruling Socialists have been trailing conservatives fifteen points in polls.
Wednesday, October 20th 2010 - 03:53 UTC
Open Letter on Climate Change (*)

We address this letter to political and business leaders and to the wider public. This year has seen outbreaks of extreme weather in many regions of the world. No-one can say with certainty that events such as the flooding in Pakistan, the unprecedented weather episodes in some parts of the US , the heat-wave and drought in Russia, or the floods and landslides in Northern China, were influenced by climate change. Yet they constitute a stark warning. Extreme weather events will grow in frequency and intensity as the world warms.
Wednesday, October 20th 2010 - 03:40 UTC
Miners claim rumblings anticipated collapse but were refused request to leave

A Chilean legislative commission is investigating reports that mining operators ignored danger warnings from a man who was later among 33 later trapped when a mine collapsed.
Wednesday, October 20th 2010 - 03:33 UTC
Dilma Rousseff seems back on track and leads with 51% vote intention

The Brazilian ruling party candidate Dilma Rousseff has widened her lead ahead of a presidential runoff vote on October 31, a poll showed, suggesting her campaign may be back on pace after a rough two weeks in which she appeared to be back-pedalling
Wednesday, October 20th 2010 - 03:14 UTC
Strong recovery in Latin America but eye on overheating warns IMF

With many Latin American and Caribbean economies recovering faster than anticipated, the challenge for policymakers is ensuring a moderation in domestic demand to avoid overheating, the IMF said.
Wednesday, October 20th 2010 - 03:10 UTC
Another Indian outsourcing services company moves into Mercosur

Aegis, the outsourcing services arm of steel-to-shipping conglomerate Essar Group on Tuesday said it has signed an agreement to acquire Argentine business process outsourcing firm, Actionline.
Wednesday, October 20th 2010 - 03:06 UTC
US Treasury launches fourth sale of Citigroup common stock

The US Treasury Department said it has launched a fourth sale of 1.5 billion shares of Citigroup Inc common stock under a prearranged trading plan.