Stories for August 10th 2011

Wednesday, August 10th 2011 - 20:32 UTC
US to ask China why it needs an aircraft carrier and calls for military transparency

The United States said Wednesday it would like China to explain why it needs an aircraft carrier amid broader US concerns about Beijing's lack of transparency over its military aims.
Wednesday, August 10th 2011 - 19:33 UTC
Zero probability of US default, “we can always print money to pay any debt”

Former Federal Reserve Chairman Alan Greenspan downplayed the risk of a double-dip recession in the United States saying the domestic economy was in better shape compared to its European peers.
Wednesday, August 10th 2011 - 18:11 UTC
Brazil, as in 2008, will boost domestic market to cushion impact of global crisis

For the second time in a week Brazilian president Dilma Rousseff said the country was prepared for the global financial turbulence, but said a strengthened domestic market was crucial to overcome the tough times ahead.
Wednesday, August 10th 2011 - 18:06 UTC
US citizens believe the country is on the wrong track shows poll

US citizens by a large majority believe the United States is on the wrong track and nearly half think the worst is yet to come in the economy, a Reuters/Ipsos poll said today.
Wednesday, August 10th 2011 - 18:03 UTC
Chilean students with unions support announce a new round of demonstrations

Chilean students organization with the support of unions have announced a new round of demonstrations while the conservative government of President Sebastián Piñera reported on Wednesday the arrest of over 400 hundred protesters as violence erupted on the streets of Chile's capital along with other cities, during marches demanding changes in public education.
Wednesday, August 10th 2011 - 17:59 UTC
Argentine police confirms gun confiscated was used to kill French tourists

The Argentine Police investigating the double-murder case of the French tourists in Salta confirmed Wednesday that the gun confiscated last Saturday from the six people arrested in connection with the crime, was the weapon used to kill the young French women, a Salta court spokesperson said.
Wednesday, August 10th 2011 - 17:54 UTC
Venezuelan inflation soars 2.7% in July; accumulates 25.1% in twelve months

Venezuelan July inflation, as measured by the national index INPC, came in on the high side of expectations at 2.7%, up from June.
Wednesday, August 10th 2011 - 17:51 UTC
Tourism second largest contributor to Cuban economy; 2.7 million expected in 2011

Cuban revenue from tourism jumped 13% percent in the first half of the year compared with the same period in 2010, the National Statistics Office, or ONE, reported on its Web site.
Wednesday, August 10th 2011 - 17:43 UTC
PM Cameron authorizes water cannons and baton rounds against rioting

UK Prime Minister David Cameron on Wednesday authorized police to use water cannons after four nights of rioting, looting and arson - saying a “fight back” is under way to restore law and order to Britain's streets.
Wednesday, August 10th 2011 - 17:39 UTC
UK tourism authority pulls down ‘Visit Britain’ ads and videos

“Visit Britain”, the UK's tourism authority, has pulled a video promoting Britain with the tag line “You're Invited” from adverts running alongside BBC iPlayer programs overseas, reports The Guardian.