Stories for 2011

Wednesday, September 14th 2011 - 06:43 UTC
BRICS countries preparing aid package in support of the European Union

Brazil, Russia, India, China and South Africa, which make up the so-called BRICS group, will meet in Washington next week to discuss how to help the European Union avert a full-blown financial crisis as Greece veers toward default on its debt, Brazilian Finance Minister Guido Mantega said Tuesday.
Wednesday, September 14th 2011 - 06:40 UTC
A complete Spain lives below the poverty line in the US according to census

The United States poverty rate hit its highest level since 1993 in 2010 with a record 46 million Americans living below the poverty line, according to a US government report on Tuesday that depicted the grim effects of stubbornly high unemployment.
Wednesday, September 14th 2011 - 06:33 UTC
US non partisan agency forecasts slower growth and 9% unemployment in 2012

US economy will grow slower than anticipated and joblessness will stay high as the fallout of the deepest recession since the Great Depression takes its toll, the Congressional Budget Office said on Tuesday.
Wednesday, September 14th 2011 - 06:29 UTC
Menem acquitted from gun running to Ecuador and Croatia

Former Argentine President Carlos Menem was acquitted in connection with the case of gun running to Ecuador and Croatia between the years 1991 and 1995.
Wednesday, September 14th 2011 - 06:26 UTC
Top Republicans criticize elimination of tax breaks in Obama jobs plan

Top opposition Republicans in Congress criticized today President Barack Obama's proposal to pay for a job creation plan by eliminating 467 billion dollars in tax breaks for wealthier Americans and corporations.
Wednesday, September 14th 2011 - 06:19 UTC
UK reiterates support of Gibraltar sovereignty and will protest naval incident

Any discussions that UK has on Gibraltar with Spain “reflect our clear position on sovereignty, which is that the UK will never enter into arrangements under which the people of Gibraltar would pass under the sovereignty of another state against their wishes” Europe Minister David Lidington has said.
Wednesday, September 14th 2011 - 06:11 UTC
Venezuelan presidential election moved forward to 7 October 2012

Venezuela's elections board announced the 2012 presidential vote for October 7, moving the contest up from its traditional December time frame, which some critics say gives President Hugo Chavez an edge by shortening the campaign of potential challengers.
Wednesday, September 14th 2011 - 06:07 UTC
US to begin testing beef for six more strains of E.coli bacteria, said USDA

The US government announced Tuesday it will begin testing next year for six more kinds of E.coli bacteria in raw ground beef and tenderized steaks in order to boost protection of US consumers.
Wednesday, September 14th 2011 - 06:01 UTC
Bus-trains collision in Buenos Aires leaves 11 dead and hundreds injured

A bus driver gambled and tried to rush across railroad tracks on Tuesday despite a barrier, bells and flashing lights, setting off a chain-reaction collision with two trains that killed 11 people and injured hundreds in Argentina's capital.
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%.