Stories for 2010

Tuesday, June 1st 2010 - 04:57 UTC
Peru and Chile agree to resume confidence building in military affairs

Peruvian defence minister Rafael Rey recently paid his Chilean counterpart Jaime Ravinet and Chile’s President Sebastián Piñera a visit, a meeting which showed that although the two countries continue to squabble over maritime border issues, bilateral relations are still intact.
Tuesday, June 1st 2010 - 04:52 UTC
HMS York almost home after high profile patrolling in Falklands’ waters

HMS York is on her way home from the South Atlantic after a high-profile five months on patrol off the Falklands Islands, reports The Press from York.
Tuesday, June 1st 2010 - 04:49 UTC
India raises basic rate, drains liquidity and says recovery is “firmly in place”

The Reserve Bank of India (RBI) has raised key interest rates by a quarter of a percentage point in an attempt to curb near double-digit inflation. The rise was the second in a month and was in line with analysts' forecasts.
Tuesday, June 1st 2010 - 04:46 UTC
Tories implement civil service “salary transparency”; 171 above PM Cameron

Some 171 civil servants are paid more than Prime Minister David Cameron's £142,500-a-year salary, according to Cabinet Office figures. The salaries of those earning over £150,000 were revealed for the first time in a bid to aid transparency.
Tuesday, June 1st 2010 - 04:40 UTC
European confidence in economic outlook down and inflation up

European confidence in the economic outlook unexpectedly worsened in May and inflation accelerated as the Euro region’s debt crisis shook markets.
Tuesday, June 1st 2010 - 02:52 UTC
Argentina extends bond restructuring on request from Italian creditors

Argentina is extending its 18.3 billion US dollars bond restructuring at the request of Italian creditors and the country’s financial regulator, Economy Minister Amado Boudou said on Monday.
Tuesday, June 1st 2010 - 02:46 UTC
Major Brazilian airports on the verge of a “logistics blackout”

Airports in the major cities of Brazil that will be hosting the World Cup in 2014, and the Olympic Games in 2016, are working at their maximum capacity and eight of them are described as “in the edge of operational collapse” according to a report from the Applied Economics Research Institute in Sao Paulo, IPEA.
Tuesday, June 1st 2010 - 02:44 UTC
IDB plans to lend 10 billion USD in 2010

The Inter American Development Bank, IDB, is ready to disburse 10 billion US dollars in loans to Latinamerica during fiscal 2010, said the bank’s president Luis Moreno.
Tuesday, June 1st 2010 - 02:40 UTC
China warns of a double-dip recession because of European sovereign debt

China warned that Europe's struggle to contain soaring debt posed a risk to global economic growth, raising the spectre of a double-dip recession.
Tuesday, June 1st 2010 - 01:43 UTC
German president resigns on comments about military actions overseas

German President Horst Koehler unexpectedly resigned due to a storm over comments he made about military action abroad in a move that could cause conservative Chancellor Angela Merkel a headache.