Stories for 2011

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.
Wednesday, November 16th 2011 - 05:05 UTC
EU Parliament curbs sovereign debt speculation and short selling limitations

The European Parliament on Tuesday voted into law a regulation to curb short selling and trading in credit default swaps (CDS), a financial product for insuring against default.
Wednesday, November 16th 2011 - 05:01 UTC
EC sets forward strict rules for credit rating agencies

The European Commission has put forward stricter rules for the credit rating agencies that rank countries' and companies' debt. The rules says agencies, including Standard & Poor's, Moody's and Fitch, should follow stricter standards, be more transparent about their ratings and be held accountable for their mistakes.
Wednesday, November 16th 2011 - 00:34 UTC
Argentina tells Uruguay it will not accept surplus Pesos from the summer season

Argentina will not take back the millions of Pesos that thousands of tourists spend in neighbouring Uruguay during the summer season. That was the reply to a request from Uruguay’s largest bank branch in the City of Buenos Aires, according to banking sources in Montevideo.
Tuesday, November 15th 2011 - 23:09 UTC
Uruguay puts a 65 dollar per MW-hour cap for developing wind power projects

Uruguay won’t accept bids above 65 dollars a megawatt-hour from developers bidding to sell power from wind farms as concerns mount that rates have dropped too low.
Tuesday, November 15th 2011 - 23:05 UTC
Peruvian Vice-President suspended from Congress over corruption allegations

The ethics committee in Peru's Congress voted on Tuesday to suspend Vice President Omar Chehade from the legislature over corruption allegations, increasing pressure on him to resign from both posts.
Tuesday, November 15th 2011 - 23:03 UTC
Colombia’s FARC name a new leader and promise to fight on

Colombia's FARC guerrillas named Timoleon Jimenez, known as Timochenko, as the group's new leader after its previous boss was killed this month, according to a rebel statement published on a website.
Tuesday, November 15th 2011 - 22:04 UTC
NYC police evict ‘Occupy Wall Street’ protestors’ camp from financial district

Police wearing helmets and carrying shields evicted protesters with the Occupy Wall Street movement early Tuesday from the park in New York City's financial district where they have camped since September, dismantling their tent city and arresting about 70 people.
Tuesday, November 15th 2011 - 21:59 UTC
Greece and banks begin discussing bonds’ 50% haircut and swap

Greece and private bondholders begun working on a deal to halve its public debt, a key pillar of a bailout plan to save the country from bankruptcy and ejection from the euro zone, sources said.
Tuesday, November 15th 2011 - 21:52 UTC
Flights disruptions and delays continue in Buenos Aires main airports

Cancellations and more delays persisted Tuesday at Buenos Aires main airports as Aerolineas Argentinas flights suffered further setbacks to the service. The administrators of metropolitan Aeroparque and Ezeiza international airport, Aeropuertos Argentinas 2000 said that flights “were resuming, albeit slowly”.