Stories for 2010

Saturday, April 24th 2010 - 07:28 UTC
Volcanic Ash Cloud Costs European Tourism 2.3 Billion USD Losses

Air traffic disruptions caused by the volcanic ash cloud from Iceland inflicted losses on the European tourism sector worth 2.3 billion dollars (1.7 billion Euros), the United Nations World Tourism Organization (UNWTO) estimated Friday.
Saturday, April 24th 2010 - 07:20 UTC
Argentine Industrial Production Up 10.65 in March Over a Year Ago

Argentine industrial output surprised market expectations in March, powered by an increase in auto production, the latest sign of a strong rebound in Latin America's number three economy.
Saturday, April 24th 2010 - 07:13 UTC
Global Warming Contributing to Rapid Ocean Acidification

Carbon dioxide emissions that contribute to global warming are turning the oceans more acidic at the fastest pace in hundreds of thousands of years, the U.S. National Research Council warns.
Saturday, April 24th 2010 - 07:05 UTC
US Credit Agencies Influenced by Banks that Paid Their Fees, Says US Senate

The behaviour of two credit rating agencies in the run-up to the financial crisis has been criticised by US senators following an investigation.
Saturday, April 24th 2010 - 02:15 UTC
Pentagon Says Iran’s Revolutionary Guards Operating in Latinamerica

Iran's Revolutionary Guards Corps has stepped up its presence in Latin America, especially in Venezuela, according to a Pentagon report to the United States Congress partially de-classified this week.
Saturday, April 24th 2010 - 01:38 UTC
Brazilian Farmers Blast Morales on His Broiler–Homosexuality Link Statement

Brazilian broiler breeders, the world’s largest exporters rejected and slammed Bolivian president Evo Morales’ statements that linked the consumption of chicken to homosexuality.
Saturday, April 24th 2010 - 01:32 UTC
Could the Greek Crisis Spell the End of the Euro as a Currency?

If Greece was to default it would effectively spell the end of the Euro as a currency, according to Royal Bank of Scotland's (RBS) strategist and chief European economist Jacques Cailloux.
Saturday, April 24th 2010 - 01:12 UTC
Peru and Chile Will Lead Latam Expansion in 2011 with 6% Growth Each

Latest forecasts from the International Monetary Fund (IMF) predict Chile and Peru will lead Latin America’s growth in 2011 with an expansion of 6% each. The IMF released its World Economic Outlook Report on Wednesday, upping Chile’s projected growth from 4 to 4.7%.
Saturday, April 24th 2010 - 01:03 UTC
Tory Leader Cameron Gains Ground in Latest Debate according to Polls

British Conservative leader David Cameron gained ground on the Liberal Democrats' Nick Clegg in the leaders’ debate, as polls gave conflicting verdicts on which of the two won.
Saturday, April 24th 2010 - 00:53 UTC
First Tremors of Euro Seism: Greece Asks for Financial Rescue Package

Greece has formally asked for the activation of an EU-IMF financial rescue package to help pull the debt-ridden economy out of its crisis. It had hoped that just the promise of EU support, agreed last month, would have been enough to reassure markets and help its recovery.