Stories for May 2011

Tuesday, May 3rd 2011 - 04:59 UTC
New German central bank chief promises continued “stability culture”

Germany’s Bundesbank new hawkish president Jens Weidmann said private investors should help cover costs of the Euro zone crisis. Mr Weidmann promised a continued “stability culture” at the German central bank after taking over from outgoing president Axel Weber.
Tuesday, May 3rd 2011 - 01:57 UTC
Brazilian president rests in Brasilia recovering from mild case of pneumonia

Brazilian president Dilma Rousseff, 63, returned Monday to Brasilia after spending the weekend in a hospital in Sao Paulo suffering from strong flu and a mild case of pneumonia, according to the presidential office.
Tuesday, May 3rd 2011 - 01:52 UTC
Vatican says killing of Bin Laden calls for reflection before God and not rejoicing

The Vatican said the killing of Al-Qaeda leader Osama Bin Laden, a man who sowed division and hatred and who caused “innumerable” deaths, should prompt serious reflection about one's responsibility before God, not rejoicing.
Tuesday, May 3rd 2011 - 00:41 UTC
EU/Mercosur trade negotiations resume in Paraguay

Bilateral negotiations for a trade agreement between Mercosur and European Union delegates are scheduled to resume Tuesday in Asunción, Paraguay.
Tuesday, May 3rd 2011 - 00:32 UTC
Farmers warn European Parliament of ‘catastrophic impact’ of trade accord with Mercosur

European farmers insisted Monday before the European Parliament on the “catastrophic impact” that a trade agreement with Mercosur could have for the EU agriculture.
Monday, May 2nd 2011 - 15:32 UTC
Petrobras announces discovery of new high-quality deep water oil deposit

Brazilian government controlled oil and gas corporation Petrobras announced the discovery of a new high-quality crude deposit in ultra-deep waters off Brazil’s south-eastern coast.
Monday, May 2nd 2011 - 15:29 UTC
BAE wins £59m contract for Falklands patrol ship maintenance HMS Clyde

BAE Systems, Britain's biggest defense company, has won a £59m contract for the maintenance of HMS Clyde, the Royal Navy's continuously-deployed patrol vessel in the Falkland Islands.
Monday, May 2nd 2011 - 06:53 UTC
Two wars and 15 years to catch the most hated and feared men in the world

Osama Bin Laden came to the world's attention on 11 September 2001, when the attacks on the United States left more than 3,000 people dead and hundreds more injured. In a matter of three years, the Saudi-born dissident had emerged from obscurity to become one of the most hated and feared men in the world.
Monday, May 2nd 2011 - 06:46 UTC
“Justice has been done”, said Obama announcing the killing of Bin Laden

Osama Bin Laden, the mastermind of the most devastating attack on United States soil in modern times and the most hunted man in the world, was killed in a fire-fight with US forces in Pakistan on Sunday, President Obama announced.
Monday, May 2nd 2011 - 01:10 UTC
“Blessed” John Paul II, a step closer to sainthood; 1.5 million attend ceremony

The late Pope John Paul II was moved a major step closer to sainthood at a ceremony that drew about a million and a half people to Rome and was celebrated by Catholics around the world.