Stories for 2011

Thursday, September 8th 2011 - 05:43 UTC
Argentine prepared to let the Peso and central bank reserves slide

Argentina's international reserves have been declining for weeks as the central bank tries to stem the peso's slide against the US dollar, but policymakers have signaled that they intend to keep dipping into reserves to prevent an even swifter depreciation.
Thursday, September 8th 2011 - 02:51 UTC
Argentine president and business leaders exchange compliments

Argentina “is neither untouchable nor invulnerable” to the complicated global financial situation said on Wednesday President Cristina Fernandez who highlighted that had the crisis hit in a different time it would have obliterated Argentina.
Thursday, September 8th 2011 - 02:48 UTC
Soros predicts Euro crisis could be worse than Lehman Brothers

Billionaire George Soros believes that the current crisis of the Euro zone has the ‘potential to be a lot worse than the Lehman Brothers’ in the US due to the lack of consensus in the European Union to create an authority with enough power to handle this problem.
Thursday, September 8th 2011 - 01:22 UTC
Gibraltar and La Linea committed to share ‘a common socio-economic future’

Gibraltar and La Linea are meant to “share a common socio-economic future” Chief Minister Peter Caruana declared Tuesday in the neighbouring Spanish town hall after his first official meeting with the new Socialist (PSOE) mayor Gemma Araujo.
Thursday, September 8th 2011 - 01:16 UTC
Chile, Colombia, Peru equity markets integration on track is spite of crises

The difficult international situation has not affected the equity markets integration process of Colombia, Chile and Peru, said the president of Colombia’s Stock Exchange, Juan Pablo Córdoba.
Thursday, September 8th 2011 - 00:52 UTC
Brazilian forces try to regain control of shanty town again lost to criminal gangs

As Brazilians celebrate Wednesday September 7, Independence Day – a national holiday – Brazilian forces are engaged in trying to regain control of one of Brazil’s largest favelas.
Thursday, September 8th 2011 - 00:45 UTC
Argentina alleges Falklands is under ‘military occupation’ with more soldiers than civilians

Falklands-Malvinas is “under military occupation” and the military base “has more soldiers than the British civilian population occupying the Islands”, said Argentine ambassador before the United Nations Jorge Argüello during a conference at China’s International Studies Foundation.
Thursday, September 8th 2011 - 00:19 UTC
Uruguay willing to compensate alleged Haitian gang-raped victim

Uruguayan President Jose Mujica has apologised to his Haitian counterpart Michel Martelly over the alleged rape of an 18-year-old Haitian man by Uruguayan UN peacekeeping troops in the poor Caribbean state.
Thursday, September 8th 2011 - 00:16 UTC
CFK announces increase in child allowance 45 days before presidential election

With less than two months for the October 23 general election, Argentine President Cristina Fernández de Kirchner announced on Wednesday changes in the Universal Child Allowance (AUH), including the new rates for children under 18, disabled children and pregnant women.
Thursday, September 8th 2011 - 00:12 UTC
Review on US economy for Fed’s next meeting shows slow growth, weak activity

The US economy continues to grow slowly, with patches of weaker activity, the Federal Reserve said Wednesday in a report used by the central bank in setting monetary policy.