Stories for 2010

Thursday, January 28th 2010 - 05:24 UTC
Apocalyptic forecast about G-7 countries from investment advisor

A top investment advisor has described Britain's economy as a 'must to avoid' and says 'gilts are resting on a bed of nitro-glycerine'. Bill Gross, manager of the world's biggest bond fund Pacific Investment Management Co made the comments as he warned investors to shy away from government debt, especially in the G7 industrialised nations.
Thursday, January 28th 2010 - 05:17 UTC
GM sells Saab to Dutch luxury car maker Spyker

Troubled Swedish carmaker Saab has been sold to Dutch luxury sport car maker Spyker. The sale was made by its current owners General Motors (GM) who said they had entered into a “binding agreement” to sell the iconic brand to Spyker.
Thursday, January 28th 2010 - 05:12 UTC
Falklands receives Queen’s baton rally 2010 Delhi in mid February

On Monday 15th February, the Queen’s Baton 2010 Delhi will arrive in the Falkland Islands from Ascension Island. The baton is currently in Botswana and will arrive via Tristan da Cuhna and St Helena the 29th of its 71 Commonwealth destinations.
Wednesday, January 27th 2010 - 15:16 UTC
Redrado conditions participation before congressional advisory committee

The ousted head of the Central Bank Martín Redrado demanded Tuesday Argentine President Cristina Fernández de Kirchner revoke the DNU emergency decree which she had issued in order to dismiss him from his post as the Central Bank governor.
Wednesday, January 27th 2010 - 15:13 UTC
It’s official: UK economy crawling out of its deepest recession

The United Kingdom has officially emerged from its longest and deepest recession on record, with figures showing the economy grew by 0.1% in the last quarter of 2009. The result brings an end to six consecutive quarters of shrinking output for the British economy.
Wednesday, January 27th 2010 - 15:10 UTC
Another top official from the Chavez administration resigns

Venezuela’s Central Bank Chairman, Eugenio Vasquez Orellana, resigned Tuesday citing health problems, but the real motive seems to have been differences with some cabinet ministers from the government of Hugo Chavez.
Wednesday, January 27th 2010 - 15:06 UTC
Venezuelan students protest against Chavez media: two dead

College students opposed to Venezuela’s populist government protested on Tuesday outside the headquarters of state-run VTV television against the network’s “violent discourse.”
Wednesday, January 27th 2010 - 15:00 UTC
Rains and mudslides strand 1.900 tourists in Machu Picchu

Flooding and mudslides near Peru's Machu Picchu archaeological citadel have killed at least seven people and stranded 1900 tourists. An operation to airlift the foreigners out of the south-eastern disaster zone was suspended because of heavy rain after just 75 were flown out by helicopter.
Wednesday, January 27th 2010 - 14:53 UTC
“Year of the Tiger” could signal the end of the majestic cats, warns WWF

According to the Chinese New Year in February marks 2010 as the “Year of the Tiger,” but conservationists worry the Chinese zodiac may actually speed up the tigers’ extinction, with demand for its skin and body parts enticing poachers to hunt the few wild tigers that remain in the forests in Asia.
Wednesday, January 27th 2010 - 14:51 UTC
New chapter for Honduras: Lobo takes office, Zelaya off to Dominican Republic

Honduras president elect Porfirio Lobo takes office on Wednesday the same day deposed Honduran leader Manuel Zelaya finally leave the Brazilian embassy where he has been holed up for more than four months.