Stories for November 2011

Wednesday, November 16th 2011 - 18:04 UTC
Italian cabinet, totally technocrat, sworn in; parties promise support for reforms

Mario Monti formed a new technocrat government in Italy Wednesday to tackle a major debt crisis threatening the entire Euro zone and said he hoped it would placate financial markets.
Wednesday, November 16th 2011 - 16:26 UTC
Paraguay criticized for its handling of the FMD outbreak

The Southern Cone Standing Veterinary Committee, CVP, accused Paraguay of not complying with promises related to foot and mouth disease, FMD, control following on the outbreak reported to the north of the country last September 18.
Wednesday, November 16th 2011 - 14:45 UTC
The ‘super-connected’ 1.318 corporations of global economic power

As protestors against financial power sweep the world this week, science may have confirmed the protesters' worst fears. An analysis of the relationships between 43.000 transnational corporations has identified a relatively small group of companies, mainly banks, with disproportionate power over the global economy.
Wednesday, November 16th 2011 - 14:40 UTC
China, Japan, Canada urge greater action from the EU on the Euro crisis

Non-European policymakers joined US President Barak Obama in urging greater action from the European Union to deal with the two year old crisis, and came as equity markets fell in response to a sell-off in euro zone bond markets.
Wednesday, November 16th 2011 - 14:36 UTC
ECB moves in to stop sell-off of EU bonds; Obama calls for stronger political will

The European Central Bank stepped in on Wednesday to stem an accelerating sell-off of Euro zone government bonds, traders said, after the United States called for more decisive action to halt a spreading sovereign debt crisis.
Wednesday, November 16th 2011 - 14:33 UTC
Brazil says BRICS is large enough for the moment

Brazil does not want to see the BRICS group of emerging countries enlarged for the time being but demands the developing world be given a greater say in international bodies, the country's foreign minister said on Wednesday.
Wednesday, November 16th 2011 - 14:28 UTC
Argentina’s main airports activity back to normal, except for Aerolineas

Argentina’s flag carrier Aerolíneas Argentinas flights were still backed up Wednesday morning, due the weekend’s union conflicts, in addition to the volcanic ash cloud spewed by Chile’s Pueyhue volcano last week.
Wednesday, November 16th 2011 - 05:14 UTC
Argentine Vice President elect urges Latam countries to use local currencies

Argentine Economy Minister and Vice-President elect Amado Boudou urged Latin American countries to increase the use of local currencies in regional trade instead of depending on other currency such as the dollar.
Wednesday, November 16th 2011 - 05:11 UTC
US will “keep reminding” Argentina it must comply with international obligations

The administration of President Barak Obama reaffirmed its decision to “keep reminding” Argentina of the need to comply with its international obligations as well as the importance of upholding an investment climate ‘transparent and fair’ that includes paying creditors, points out a piece from Buenos Aires La Nacion correspondent in Washington.
Wednesday, November 16th 2011 - 05:08 UTC
Judge upholds New York City eviction of protestors from Zuccotti Park

A judge upheld New York City's legal justification for evicting Occupy Wall Street protesters from a park when police in riot gear broke up a two-month-old demonstration against economic inequality.