Stories for August 2011

Thursday, August 11th 2011 - 06:48 UTC
UK Parliament expected to grill PM Cameron for police cuts in the wake of rioting

British Prime Minister David Cameron is set to come under renewed pressure to reverse the coalition government's police cuts in the wake of riots sweeping the country.
Thursday, August 11th 2011 - 06:31 UTC
Three credit rating agencies confirm France as triple-A with stable outlook

Moody’s, Standard & Poor's (S&P) and Fitch confirmed Wednesday that France still rates as a triple-A country with a stable outlook. The comments came in response to market rumours of a French sovereign credit rating downgrade, which hit French bank stocks.
Thursday, August 11th 2011 - 06:27 UTC
Snow storms in Magallanes have left 300.000 sheep and 9.200 cattle at risk

Almost 300.000 sheep and 9.200 cattle are exposed to serious life risk following heavy snow storms which covered the Magallanes Region in the extreme south of Chile with a white blanket anywhere between 70 and 150 centimetres thick.
Thursday, August 11th 2011 - 06:21 UTC
Brazilean company fully committed to oil exploration off-shore Namibia

Brazilian oil and gas start-up HRT boosted its net potential oil resources 12% to 7.9 billion barrels of oil equivalent (boe) following a certification study of its assets in Namibia.
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.