Politics

Saturday, November 22nd 2008 - 20:00 UTC
NY Fed Reserve Geithner tipped for Treasury Secretary

United States shares rose sharply on Friday following a report that US President-elect Barack Obama has chosen his treasury secretary, reassuring investors. The Dow Jones Industrial Average added 494 points or 6.5% to end at 8,046.66. The Standard & Poor's 500 climbed 6.3%.
Saturday, November 22nd 2008 - 20:00 UTC
Government hails nationalization of pension funds

Argentina's Senate passed on Thursday a bill to nationalize the private pension funds system in a move that analysts say could protect the potential beneficiaries from short-term stock market chaos but also limit their long-term retirement income.
Saturday, November 22nd 2008 - 20:00 UTC
Hillary Clinton accepts post as Secretary of State

New York Senator Hillary Clinton has accepted President-elect Barack Obama's offer of the job of secretary of state. Hillary is expected to accept the position of secretary of state in the Obama Administration. A formal announcement is planned for after Thanksgiving.
Saturday, November 22nd 2008 - 20:00 UTC
Cllr Summers thanks the UK's UN Amb, John Sawers

COUNCILLOR Mike Summers said he would like the House to send its formal thanks and congratulations to the UK's UN Ambassador in New York, John Sawyer, who, with his team, denied an attempt by Argentina and Spain to propose in the United Nations 4th Committee an amendment, which would have denied the right of self-determination to those countries, where there is a sovereignty conflict.
Friday, November 21st 2008 - 20:00 UTC
Ecuador auditing commission suggests halting bond payments

A commission auditing Ecuador's foreign debt has recommended that the country halt payments on three bonds worth 3.9 billion USD after finding “illegalities” in the obligations.
Friday, November 21st 2008 - 20:00 UTC
FDA announces offices world wide; first in Beijing

The United States opened Wednesday a Food and Drug Administration office in Beijing, as the first step in an FDA strategy to try to improve food and drug safety standards around the world.
Friday, November 21st 2008 - 20:00 UTC
Falkland Islands: Weekly Penguin News update

Headlines: Celebrities on deck as Ilen refit gets underway in Ireland; Stanley Services Ltd: kerosene price explosion not imminent; Longer wait for would-be residents pending public consultation on immigrant points scheme; New leaders in renewable energy; FIDC's David Waugh to arrive in New Year; This weeks cruise ships.
Friday, November 21st 2008 - 20:00 UTC
UK pointed out for not clearing Falklands' minefields

United Kingdom and Venezuela are among countries pointed out for not having met their mine clearance timetable, particularly in the Falkland Islands and along the Colombian border, according to the International Campaign to Ban Landmines, based on the “Landmine Monitor Report 2008: Toward a Mine-Free World”.
Friday, November 21st 2008 - 20:00 UTC
The positive impacts of the ”K(irchner) effect” on Uruguay

The many “non intelligent” economic decisions from Argentina's current Kirchner couple administrations, or better known as the “K effect” have benefited neighbouring Uruguay's agriculture, finances and tourism.
Friday, November 21st 2008 - 20:00 UTC
Uruguay's coalition in turmoil over Vazquez' successor

The leader of the senior group in Uruguay's ruling coalition and presidential hopeful Senator Jose Mujica rejected suggestions to lower his ticket target, and insisted he will only abide by the decision from the grass roots and the Broad Front's congress next month.