Stories for 2010
Cuba to further open its economy and eliminate double currency system
The Cuban government admitted it will have to amend several laws and decrees before implementing a plan of updating the Socialist economic model, the official Granma daily reported this week. This includes eliminating the double currency system.
Russia joins the oil rush in Cuba’s Gulf of Mexico coast
Russian energy firm Gazprom has joined a growing list of foreign companies searching for oil off Cuba's coast.
HMS Manchester first RN vessel to dock in Havana since 1959
Type 42 Destroyer HMS Manchester has become the first Royal Navy ship to make an official visit to Cuba since the country's 1959 revolution. The ship landed at the Sierra Maestra pier in Havana on Monday for the beginning of a five-day visit.
US cancel exchange of sensitive information with Argentina because of “leaks”
The Argentine government admitted that a confidential communication channel with the US on financial operations was interrupted mid 2009 following Washington’s suspicions that data sent to Buenos Aires was used for political purposes.
“Global crisis is not over, getting worse” says the richest man on earth
“The global crisis is not over, nothing has been solved, only patches to avoid the worst effects of a great depression”, according to Carlos Slim, the Mexican tycoon considered by Forbes the wealthiest man on earth, currently in Buenos Aires for a round of conferences.
“If the Euro fails, Europe fails”, warns Germany’s Merkel
German Chancellor Angela Merkel said the Euro is the glue that holds Europe together, signalling that an Irish bailout may be the price of preserving European unity.
New species of squid discovered in the southern Indian Ocean
A new species of squid has been discovered by scientists during a research cruise in the southern Indian Ocean. The 70cm-long specimen is a large member of the chiroteuthid family.
Rockhopper Exploration plc: Interim Results for the Six Months Ended 30 September 2010
Rockhopper Exploration, the North Falkland Basin oil and gas exploration company, is pleased to announce its interim results for the six months ended 30 September 2010
Top French sociologist fears a “populist” temptation in Brazil’s new government
Brazilian president-elect Dilma Rousseff was a creation of President Lula da Silva and could fall prey to the temptation of a populist system, said French Sociologist and political scientist Alain Touraine currently visiting Sao Paulo.
Argentina and Club of Paris creditors agree to discussions with no IMF auditing
The Paris Club of creditor nations accepted Argentina’s request to hold talks on restructuring its estimated 6.7 billion US dollar of debt without the oversight of the International Monetary Fund, announced on Monday President Cristina Fernandez de Kirchner.