Stories for May 2007

Thursday, May 24th 2007 - 21:00 UTC
Outraged Argentine government summons US Ambassador

US State Department travel advice to Argentina-bound citizens has caused outrage among Argentine authorities and resulted in the summons of the US Ambassador Earl Wayne to the Foreign Ministry last night so that Argentina could communicate its “displeasure” over the report.
Thursday, May 24th 2007 - 21:00 UTC
RN newest patrol ship visits Clyde before heading for Falklands

The Royal Navy's newest patrol vessel HMS Clyde will pay her first and last visit to her affiliations in Inver Clyde this weekend (26-29 May).
Thursday, May 24th 2007 - 21:00 UTC
Pope acknowledges sufferings of Latam colonized peoples

Pope Benedict XVI has acknowledged the suffering of indigenous Latin Americans during European colonialisation in a move to control damage caused by remarks made during his recent trip to Brazil.
Thursday, May 24th 2007 - 21:00 UTC
Spain cancels permission to search for sunken HMS Sussex

Spain has cancelled the permission of a US treasure-hunting company to search for a sunken British warship in the Strait of Gibraltar over suspicions that it has illegally exported a coin treasure found in Spanish waters, the daily El Pais reported Thursday.
Florida-based Odyssey Marine Exploration says the treasure was found in international waters and imported legally into the United States.
Thursday, May 24th 2007 - 21:00 UTC
Skanska's bribes scandal shakes Kirchner government

Argentine president Nestor Kirchner admitted that it's possible that other officials of his administration could be involved in the “Skanska-Gate” scandal involving alleged bribes in public works contracts, but insisted it was basically “a corruption case in the private sector”.
Wednesday, May 23rd 2007 - 21:00 UTC
Conference on how increasing tourism threatens Antarctica

Steadily growing tourism is beginning to have an adverse impact in Antarctica. This year, nearly 30,000 visitors are expected to make the trek to the southernmost continent, four times the figure just ten years ago.
Wednesday, May 23rd 2007 - 21:00 UTC
US/China talks reach no tangible results on currency

Further liberalization of aviation and financial services and greater collaboration on clean energy technologies are among “tangible results” of high-level bilateral talks between the United States and China, according to U.S. officials. But no “tangible results” were arrived on the controversial currency reform issue.
Wednesday, May 23rd 2007 - 21:00 UTC
US gasoline prices have not yet reached the 1980/1981 record

The average price of regular gasoline has reached a new record in United States but adjusted to inflation and linked to the GDP, the bill is still lower than that of 1981, according to the US Energy Information agency, EIA.
Wednesday, May 23rd 2007 - 21:00 UTC
Brazil's Energy minister resigns amid bribes accusations

Brazil's Mines and Energy minister Silas Rondeau resigned amid accusations he was bribed by a construction company that obtained contracts to provide electricity to poor rural areas in a program championed by the nation's first working class president
Wednesday, May 23rd 2007 - 21:00 UTC
Greenspan forecasts “dramatic contraction” of Chinese stocks

Former U.S. Federal Reserve Chairman Alan Greenspan said on Wednesday he feared a “dramatic contraction” in Chinese stocks but said the global economy may be able to shrug off a drop in asset prices. U.S. and Japanese stock markets slipped following his remarks.