International

Wednesday, September 23rd 2009 - 12:43 UTC
Uruguay sells 500 million dollars of bonds maturing 2025

Uruguay sold 500 million US dollars of bonds maturing in 2025 in its first international debt issue in three years. The 16-year bonds are to yield 340.3 basis points above US Treasuries.
Wednesday, September 23rd 2009 - 12:24 UTC
Long lasting consequences of the global financial crisis, according to IMF

The global financial crisis is likely to leave long-lasting scars on the world economy, but governments can act to stimulate a quicker revival and counter output losses, according to a new IMF study.
Wednesday, September 23rd 2009 - 12:19 UTC
US and China pledge to act on global warming at UN climate summit

US president Barack Obama has led the way as world leaders and industry chiefs seek to build momentum for a new international deal on climate change. Mr Obama told a United Nations summit on greenhouse gas emissions that the US was “determined to act” on global warming.
Wednesday, September 23rd 2009 - 12:13 UTC
Big drop in heart attacks after smoking bans, according to several studies

The ban on smoking in public places, such as bars and restaurants, has been one of the greatest public health debates of the early 21st century. Now, two large studies suggest that communities that pass laws to curb secondhand smoke get a big payoff -- a drop in heart attacks.
Wednesday, September 23rd 2009 - 12:07 UTC
“Europeans to loose clout to China” in IMF restructuring, says Strauss-Kahn

China will get the biggest increase in voting power at the IMF (*) when the global lender completes a long-awaited restructuring in 2011, the head of the IMF said Tuesday. In an interview with Reuters, IMF Managing Director Dominique Strauss-Kahn said European nations, which have resisted a dilution of their global economic clout in the IMF, increasingly recognized it was time for change.
Wednesday, September 23rd 2009 - 12:04 UTC
Lamy remains cautious about Doha Round outlook

World Trade Organization (WTO) chief Pascal Lamy said Tuesday that he was still cautious about the outlook of the Doha Round of global trade negotiations despite a detailed work program drawn up by senior officials last week. He also called for leadership and responsibility from G-20 leaders meeting this week in Pittsburgh.
Wednesday, September 23rd 2009 - 11:14 UTC
Argentina to host 2010 Ibero-American summit in Mar del Plata

Mar del Plata, Argentina will host the next Ibero-American summit in November 2010 in coincidence with the bicentennial of the country, announced Ibero-American chairman Enrique Iglesias following a meeting with President Cristina Fernandez de Kirchner in New York.
Tuesday, September 22nd 2009 - 12:40 UTC
British PM anticipates no early end to international “fiscal stimulus”

British Primer Minister Gordon Brown has warned there will be no early end to the international “fiscal stimulus” package agreed by world leaders to drag the global economy out of recession.
Tuesday, September 22nd 2009 - 07:13 UTC
Obama wants China and Germany to spend more and US less debt addict

United States President Barack Obama said he would push world leaders this week for a reshaping of the global economy in response to the deepest financial crisis in decades. Meantime in Europe, officials kept up pressure for a deal to curb bankers' pay and bonuses at a two-day summit of leaders from the Group of 20 countries, which begins on Thursday.
Tuesday, September 22nd 2009 - 05:25 UTC
Fishing exhibition in Spain closes with 500 million Euros in business contracts

Companies that participated in the sixth edition of the World Fishing Exhibition (WFE) that was held in Vigo between 16 and 19 September, closed contracts worth around EUR 500 million. According to the fishing fair organisation, this number could be higher when the complete balance of all the exhibitors is tallied.