Stories for December 4th 2009
November inflation in Uruguay remains unchanged: annual target 5.9%
Uruguayan consumer prices in November remained virtually unchanged with a 0.06% increase over October, having accumulated in the last twelve months 6.39% and 5.41% in the eleven months of 2009, according to the latest data released by the Statistics Office.
Mosquito transmitted dengue is back in Paraguay with 59 reported cases
Paraguay has admitted 59 cases of the mosquito transmitted disease dengue mostly concentrated in the north of the land-locked tropical country.
Brewing rift between UK and France over financial regulation
Talks scheduled to take place on Friday between UK Prime Minister Gordon Brown and French President Nicolas Sarkozy have been cancelled. They may have helped to clear the air after President Sarkozy said the UK was the “big loser” when a Frenchman got the job as EU financial regulator.
EC proposes Anglo-Spanish management of Gibraltar waters conservation
The European Commission, having sparked a diplomatic row by approving a Spanish nature site within British Gibraltar waters, now wants Britain and Spain to draw up a “joint management plan” for marine conservation in the area, reports the Gibraltar Chronicle.
Bolivian natural gas revenue forecasted to drop a third because of price factor
Bolivia’s revenue from natural gas exports will reach this year 2 billion US dollars, which is a billion less that the 3.1 billion reported in 2008, according to the country’s Hydrocarbons Chamber, CBH.
Scrappage scheme boosted new car sales in United Kingdom
New car sales in the United Kingdom soared last month as consumers took advantage of the government's car scrappage scheme. A total of 158,082 new vehicles were registered in November 2009, a huge 57.6% increase on the November 2008 figure, the Society of Motor Manufacturers and Traders (SMMT) said.
US unemployment in October remains above 10%: mixed reactions
The US unemployment rate fell in November to 10% from 10.2% in October, Labour Department figures show. Employers in November cut the lowest number of jobs since the recession began in December 2007.
European Central Bank begins withdrawing stimuli liquidity
The European Central Bank (ECB) is to start withdrawing some of its special measures to support the economy. The bank is withdrawing some of its cheap short-term loans designed to boost the amount of money available in the markets and encourage bank lending.
Ozone hole protecting Antarctic from global warming, says SCAR
The ozone hole may be boosting the risk of skin cancer, but it's also protecting Antarctica from global warming, international researchers claim in an assessment of Antarctic climate change from the geological past to the present.
Ambitious South-South agreement to boost trade involves 22 countries
A group of 22 developing countries began signing this week in Geneva an agreement to cut tariffs with the purpose of boosting South-South trade, effective in spite of the World Trade Organization negotiations.
