Stories for January 19th 2010
UK December inflation jumps to 2.9%, biggest rise in a single month
Inflation in the United Kingdom jumped at a record rate in December, official figures have shown. The Consumer Prices Index (CPI) hit 2.9% last month - much higher than expected by the City - compared with just 1.9% in November.
E-Clear-Flyglobespan collapse: £35 million “no longer there”
E-Clear, the company responsible for online ticket sales at the failed Scottish airline Flyglobespan, has been placed into administration. Flyglobespan also had the UK Ministry of Defence contract for the air bridge between Brize Norton and MPA in the Falkland Islands.
Paraguay thanks Colombia for help in the release of a kidnapped rancher
The Paraguayan government and the family of a liberated cattle rancher, kidnap victim of an armed group, have thanked Colombia because the aid and intelligence provided for the liberation were “decisive”, announced Colombian President Alvaro Uribe in Bogotá.
Venezuela will become Mercosur fifth full member “next March”
Venezuela’s incorporation to Mercosur will be completed next March according to ABN news agency from Caracas. Apparently the formality will take place in the second week of March following the end of the Paraguayan congressional recess.
For many Port-au-Prince residents, situation is catastrophic says Red Cross
“Access to shelter, sanitation, water, food and medical care remains extremely limited,” said Riccardo Conti, the International Committee of the Red Cross, CRC head of delegation in Haiti.
Argentina/Brazil review bilateral trade in February
Argentina and Brazil will be meeting early February in Buenos Aires to assess how bilateral trade has been evolving and to plan the following steps to keep improving trade relations between Mercosur senior members.
IMF warns it’s too early to withdraw stimulus packages
International Monetary Fund Managing Director Dominique Strauss-Kahn said it’s too early for policy makers to withdraw stimulus that’s driving the global recovery.
UK has a decade of economic pain ahead, warns leading economic forecaster
The UK faces a decade of economic pain after years of splurging on credit, a leading economic forecaster has warned. The Ernst & Young ITEM Club said the economy faced stagnation unless exports received a boost.
Piñera considers a unity cabinet but faces Congressional hurdle
Sebastián Piñera in his first day as Chilean president-elect anticipated he could include members of the ruling coalition Concertacion in his future cabinet.
Mosquito “egg-traps” confirm Buenos Aires City is widely exposed to dengue
Over half the surface of the Argentine capital Buenos Aires is exposed to the mosquito that carries and transmits dengue, according to research from the University of Buenos Aires published last Sunday.
