Stories for May 9th 2011

Monday, May 9th 2011 - 06:09 UTC
IDB opens discussion on food prices shock, inflation and protecting the urban poor

Rising international food prices could trigger an acceleration of inflation in several countries in Latin America and the Caribbean this year, highlighting the need for policies to protect the urban poor, according to a new study by the Inter-American Development Bank, (IDB).
Monday, May 9th 2011 - 06:07 UTC
Latam development bank plans more flexible loans tailored to countries needs

The Inter-American Development Bank (IDB) announced the approval of a Flexible Financing Facility (FFF) that will enable Latin American and Caribbean countries to tailor loan terms and conditions to suit their individual needs, as well as to use hedges to manage interest rate and currency risks associated with their IDB debt.
Monday, May 9th 2011 - 05:57 UTC
Second body recovered from Air France mid Atlantic wreckage

French police said a second body has been removed from the underwater wreckage of the Air France flight that crashed into the Atlantic Ocean nearly two years ago. A remote-controlled submarine raised a body that was still strapped into an airline seat some 3,900 metres to the water's surface Friday.
Monday, May 9th 2011 - 05:52 UTC
‘Informal’ talks with Spain to address Bay of Gibraltar incidents and Trilateral Forum

Gibraltar’s Chief Minister met ‘informally’ with President Rodriguez Zapatero’s top Moncloa official Bernardino Leon to seek ways of getting the tripartite (UK, Spain, Gibraltar) process back on its feet.
Monday, May 9th 2011 - 05:48 UTC
Argentina’s ‘Blond Death Angel’ faces life imprisonment for kidnapping and torture

A government lawyer called Friday for a life sentence for former Argentine naval officer Alfredo Astiz for crimes including the murder of two French nuns during the 1976-1983 dictatorship.
Monday, May 9th 2011 - 01:03 UTC
Buenos Aires mayor drops out from October presidential race

Mauricio Macri the conservative mayor of Buenos Aires City and one of the leading contenders for next October’s presidential election decided over the weekend not to challenge populist President Cristina Fernandez de Kirchner and instead will seek re-election to his post.
Monday, May 9th 2011 - 00:56 UTC
Landslide SNP victory: London will not block referendum on Scottish independence

UK government will not move to block a referendum on Scottish independence, the Secretary of State for Scotland Liberal Democrat MP Michael Moore has said adding constitutional questions raised about the rights or wrongs of holding a vote would not be raised.
Monday, May 9th 2011 - 00:53 UTC
Two-day strategic and economic dialogue between US and China

Top US and Chinese officials will be meeting for two days in Washington, starting this Monday. The heads of 16 US government agencies and representatives from 20 Chinese government departments will discuss the most difficult issues in a complex, interdependent relationship.
Monday, May 9th 2011 - 00:47 UTC
Ecuador’s Correa wins referendum to tighten grip on the Judiciary and the press

Ecuadorian President Rafael Correa claimed victory in a referendum on government and social reforms that critics have charged is a disguised attempt to consolidate more power in a still fragile democracy.