Stories for January 29th 2010
Around the world of music in one night, where the Latinos took front stage!
GlobalFEST, an annual world music festival held every January in New York City is a smashing night of musical discovery where artists from all over the world springboard themselves into the world music scene in New York.
China confirms commitment as leading economy for world recovery
China reaffirmed its economic goals of raising domestic incomes and consumption while reducing its reliance on exports and investment. For this purpose China is pursuing a “proactive fiscal policy” and “moderately easy monetary policy” said Vice Premier Li Kegiang in a speech at the World Economic Forum in Davos.
Bernanke reappointed but “Main Street America” is not satisfied
Ben Bernanke has been approved to serve a second four-year term as chairman of the US Federal Reserve, the country's powerful central bank. The US Senate voted 70-30 in favour of Mr Bernanke, handing him the narrowest victory margin in decades.
Pork better than Viagra, give it a go, recommends unabashed Cristina Kirchner
Argentine President Cristina Kirchner surprised guests at a business meeting by admitting eating pork improves sexual activity. Quite distant from her sharp lecturing style Mrs. Kirchner offered a rare non political intimate glimpse of the country’s most powerful couple life.
Sweet-sour conflict: EU plants to export extra 500.000 tons of sugar
The European Union plans to export an extra 500,000 tonnes of sugar because world sugar prices have soared and European beet farmers have surpluses. The European Commission says the export of extra, unsubsidised sugar will not violate international trade rules. It says the measure is temporary.
New species moving into Chilean waters because of climate change
“I felt a rush and a little fear when I saw it,” said Chilean surf champion Diego Medina after spotting what appeared to be a shark off the beaches of La Serena (Region IV). In reality, the creature was one of the large swordfish species that recently migrated to Chile's shores as a consequence of warming water currents.
Uruguay 2009 competitiveness erodes 10.2% compared to main trade partners
Uruguay’ competitiveness eroded 10.2% during the twelve months of 2009, which represents the third consecutive annual loss. The data was extracted from Uruguay’s Central Bank Real Exchange Rate index (TCR) which measures variations with the country’s main trade partners.
In 2008 TCR lost 7.4% and the previous year, 7%.
Brazilian company invests heavily in Uruguayan dairy industry
A major Brazilian dairy corporation, Laticinios Bom Gosto will begin to build its affiliate in Uruguay next May to produce powder milk and butter mainly for the Brazilian market.
“Global Statesman” Lula da Silva recovers from high blood pressure peak
Brazilian president Lula da Silva is resting at his private home after having suffered a high blood pressure peak on Wednesday which forced him to cancel his trip to the World Economic Forum in Davos where he was to be honoured with the Global Statesman Prize.
Argentine teamsters’ boss penchant for a five-star hotel in Punta del Este
The head of Argentina’s powerful trade union confederation (CGT), teamster Hugo Moyano strongly denied Thursday that his union had plans to purchase a hotel in the Uruguayan posh sea side resort of Punta del Este.
