In Wednesday's Americas papers

22 April 2009 11:30  [Source: ICIS news]


Front page

Darling to unveil recession budget

The UK Treasury chief is to present the government's budget later today, with his options constricted after pumping billions into stabilising a foundering economy.

Iran may ease reporter's sentence
Iran may reconsider an eight-year jail term for an American journalist during her appeal, the judiciary spokesman said in an indication her sentence will be commuted.

Interrogation views spread via Bush aides

Senior Bush officials made possible the spread of aggressive interrogation methods from Guantanamo to Afghanistan and Iraq, according to a report.

Money & Investing

Companies spy end to earnings' declines
An array of big companies declared the economy is approaching a bottom, but their optimism triggered debate with other firms that say they see no end in sight to the slump.

Roche's Avastin fails in study subscriber content
Roche said its cancer drug Avastin failed to significantly extend the lives of patients in the early stages of colon cancer.

Banks reject US terms for cutting Chrysler debt
Banks rebuffed a Treasury request that they slash 85% of Chrysler's secured debt, proposing instead to eliminate about 35% in exchange for a minority stake in the auto maker.


Front page

In adopting harsh tactics, no inquiry into their past use
Top US officials involved in the adoption of brutal interrogation methods did not investigate the origins of the techniques they approved with little debate.

Report gives new detail on approval of brutal techniques
A Senate report offered evidence that the military’s harsh interrogations of terrorism suspects were authorised at high levels of the Bush administration.

Business Day

Hope and caution on Chinese economy
Conflicting comments by informed observers illustrated how hard it is for economists to reach a consensus on whether the worst is over for China.

Asian markets fall on bank worries
Most Asian markets faltered again Wednesday, with China and Hong Kong shares tumbling almost 3%.


Front page

Memos: harsh tactics readied before approval
Bush administration officials began planning to conduct harsh interrogations long before being granted legal approval, Senate panel concludes.

Pentagon plans cyber-command
New command would oversee security of military computer networks and develop cyber-weapons.


Bailed-out firms still lobbying
Recipients of federal money spent more than $10m on lobbying in first quarter of 2009, records show.

Banks may face a high bar
Health of financial system is "ultimate test" for which banks can repay bailout aid, Geithner says.


Front page

RCMP 'sorry' for errors in Taser briefings
Force denies it lied or suppressed information in wake of Polish immigrant's 2007 death at Vancouver airport.

Composite image released of woman seen with Tori
Police released a composite image late Tuesday of the woman seen in the video with Tori Stafford, the eight-year-old who was abducted two weeks ago.


Jobless picture may be even worse
Official unemployment rate counts only those who are out of work and actively looking for a job, not involuntary part-timers and other underemployed people.

Central bank darkens view of recession
Carney's statement recognises depth of economic crisis, but computer models kept bankers overly optimistic.


Front page

Meltdown losses could hit US$ 4.1T’
Global write-downs by banks and other financial institutions could reach US$4.1 trillion as institutions seek to cleanse their balance sheets, the International Monetary Fund said.

Carri takes No 3 slot on coalition list
Elisa Carri, the leader of the centrist Civic Coalition, will take third place on the slate of candidates to the Lower House of Congress in the City of Buenos Aires.

100 nations agree anti-racism declaration
Over 100 countries yesterday agreed on a 143-point declaration to combat racism and related forms of intolerance worldwide.

By: Staff Reporter
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