Stories for September 2011

Wednesday, September 14th 2011 - 03:11 UTC
Developed countries fail to cut unemployment; Euro zone rate stands at 10%

Developed countries are failing to cut unemployment, according to figures released this week by the Organization for Economic Cooperation and Development (OECD). July’s figures show unemployment at 8.2% for the 34-country group – unchanged for five consecutive months.The Euro zone is faring even worse, with unemployment sticking at 10%.
Tuesday, September 13th 2011 - 20:43 UTC
Falklands MLAs and Sukey Cameron will be present at UK parties’ conferences

Falkland Islands Members of Legislative Assembly will be present at the annual party conferences in United Kingdom. MLA Sharon Halford and MLA Roger Edwards left for the UK on Tuesday and will be joined for their task by the Falkland Islands Government (FIG) London Representative Sukey Cameron MBE.
Tuesday, September 13th 2011 - 20:37 UTC
The Falklands show the flag and competition spirit at Commonwealth Games

The Falkland Islands team that participated in the 4th Commonwealth Youth Games is back following a week of successful competition, contacts and proudly showing the Islands’ flag among the over seventy countries worldwide that were present at the Isle of Man sports’ celebrations.
Tuesday, September 13th 2011 - 07:31 UTC
Brazil’s Tombini anticipates tougher global slowdown than in 2008/09

Brazilian Central bank President Alexandre Tombini said in an interview with the local Valor Economico newspaper that Europe's expected difficulty in implementing a rescue package and slowing global growth are likely to justify the bank's recent surprise cut to interest rates.
Tuesday, September 13th 2011 - 07:29 UTC
Guatemala: promising to crack crime, retired general wins first presidential round

A right-wing retired General promising a crackdown on rampant crime leads Guatemala's Sunday presidential election although he fell short of the votes needed to avoid a run-off in November.
Tuesday, September 13th 2011 - 07:26 UTC
Fears of a Greek default spread uncertainty to world markets

United States shares staged a late recovery on Monday to post only their second positive close of the month. Earlier, European and Asian markets fell on fears that Greece may default. In Latin America results were much in line with the US.
Tuesday, September 13th 2011 - 07:23 UTC
Germany debates “taboos” and possible “orderly insolvency” for Euro zone crisis

German Chancellor Angela Merkel said on Tuesday there were generally no taboos in politics but that the Euro zone crisis would not have a mechanism for ‘orderly insolvency’ of one of its members until its permanent rescue mechanism comes into power in 2013.
Tuesday, September 13th 2011 - 05:33 UTC
G7 countries lack Unasur “imagination and audacity” to overcome current crisis

The Secretary-General of the Union of South American Nations (UNASUR), Colombian María Emma Mejía said that the region has shown “more imagination and audacity in the measures applied” than G7 countries, which are debating how to get out of the mess they are currently undergoing.
Tuesday, September 13th 2011 - 05:16 UTC
BPU Meat Uruguay responds to UK Hereford beef labelling controversy

On September 10th MercoPress reproduced a piece from Meat Trade News Daily (UK farmers claim Uruguay’s ‘Hereford’ meat labelling is ‘misleading’) in which the UK National Farmers Union, NFU called on Asda supermarkets to change its labelling policy after it emerged that its meat marked ‘Hereford Prime Beef Sirloin Steak’ is sourced 6,800 miles away in Uruguay.
Tuesday, September 13th 2011 - 05:06 UTC
Mothers of Plaza de Mayo group queried for money laundering and fraud

Over twenty offices and homes were raided by the Argentine police on search warrants as part of the ongoing investigation into alleged money laundering and fraud with government housing funds by the human rights organization Mothers of Plaza de Mayo Foundation.