Stories for October 2011

Monday, October 10th 2011 - 22:37 UTC
Two US macro-economy experts awarded Nobel Prize in economics

US academics Thomas Sargent and Christopher Sims shared the 2011 Nobel Prize in economics for work that helps governments and central banks weigh up responses to crises -though it offers no immediate answer to current global problems.
Monday, October 10th 2011 - 08:10 UTC
Paraguayans living abroad closer to voting in national elections

A proposal to allow Paraguayans living abroad to vote in national elections at home won overwhelmingly, 90%, in a Sunday referendum, but turnout was minimum, just 10% of the electoral role.
Monday, October 10th 2011 - 08:06 UTC
Brazil, in friendly tone, asks Venezuela for fair Judges and freedom of expression

Brazil questioned the Venezuelan government guarantees for freedom of expression and Judiciary branch independence although at the same time saying it was a “good friend” of the government of President Hugo Chavez.
Monday, October 10th 2011 - 08:02 UTC
Mock referendum in Chile confirms massive support for education reform

A massive turnout of voters (‘hundreds of thousands’) responded in support of a non binding plebiscite organized by the Chilean professors union in the midst of the students conflict, one of the most serious challenges faced by any Chilean government since the return of democracy in 1990.
Monday, October 10th 2011 - 07:58 UTC
Paris Club group lays out terms for Argentina to repay defaulted debt

Members of the Paris Club group of creditors want Argentina to repay an estimated 9 billion dollars in defaulted debt within three years and to make a big initial payment, Buenos Aires newspaper La Nacion reported over the weekend.
Monday, October 10th 2011 - 05:41 UTC
CFK election win could be largest since return of democracy to Argentina in 1983

Argentine president Cristina Fernandez, CFK, is poised for an easy win with over 50% of vote intention for the October 23 election, according to several public opinion polls published over the weekend in the Buenos Aires press.
Monday, October 10th 2011 - 05:35 UTC
Sarkozy/Merkel promise package to solve Euro crisis…for the end of October

The leaders of Germany and France promised to unveil a new comprehensive package for solving the Euro zone's debt crisis by the end of the month, but offered no details and papered over differences on how to shore up European banks.
Monday, October 10th 2011 - 05:24 UTC
“Occupy Wall Street” demonstrators try to move from spontaneous to organized

United States ‘Occupy-Wall Street” demonstrators said they are growing out of their lower Manhattan encampment and are exploring options to expand to other public spaces in New York City.
Monday, October 10th 2011 - 05:13 UTC
UK Defence minister admits ‘mistakes’; PM Cameron decides Monday

British Defence Secretary Liam Fox has apologised over his working relationship with his former flatmate and best man Adam Werritty. Fox said it was “a mistake to allow distinctions to be blurred between my professional responsibilities and my personal loyalties to a friend”.
Sunday, October 9th 2011 - 10:07 UTC
Chile/Holland prepare for the 400th anniversary of Kaap Hoorn/Cabo de Hornos

Chile and Holland have begun activities in anticipation of the major celebration of the discovery of Cabo de Hornos/Kaap Hoorn which will be officially commemorated 19 January 2016.