Stories for May 28th 2010
Whales centre study to be built in Chile’s Strait of Magellan
Chile is researching the possible construction of a new centre for visitors and scientists to study whales in the Straits of Magellan.
Brazil suggests Yuan and Real be included as IMF conversion currencies
Brazilian Finance Minister Guido Mantega suggested the International Monetary Fund (IMF) include China's Yuan and Brazil's Real as conversion currencies for Special Drawing Rights (SDR) of the institution.
Argentina wins appeal on damage award to thousands of defaulted bond holders
US federal appeals court threw out a 2.24 billion US dollars damage award to tens of thousands of investors who held defaulted Argentine sovereign bonds, saying a lower court erred in calculating an “inflated” sum.
Brazil confident it can bring inflation on target and confront EU slowdown
Brazil’s central bank chief Henrique Meirelles said he’s “confident” inflation will meet the target because the country has already started raising interest rates. He also admitted that Brazil is seeing “some decline” in exports to Europe as the region’s indebted nations struggle to cut budget deficits.
OAS ‘deep concern’ over incidents in Jamaica with dozens killed
The Organization of American States, OAS, human rights specialized body expressed “deep concern” Thursday over the violence engulfing Jamaica and wants an inquiry into the unrest that has left dozens dead.
Venezuelan economy contracts 5.8% in first quarter over a year ago
Venezuela’s economy fell deeper into recession in the first three months of the year as electricity rationing conditioned manufacturing and investment dried up because of government takeovers.
OIE praises Mercosur for its coordinated effort in the eradication of FMD
The joint work displayed by the Standing Veterinary Commission, CVP, from the Southern Cone of the Americas for the control and eradication of foot and mouth disease, FMD, has been praised as an example for other areas in the globe by the World Organization for Animal Health, OIE
Paraguay closer to achieving full free of FMD with vaccination status
The World Organization for Animal Health, OIE, will examine the South American request to consider free of foot and mouth disease with vaccination the border areas of Paraguay with Argentina, Brazil and Bolivia.
Sociologists Touraine and Bauman awarded the 2010 Prince of Asturias awards
French Sociologists Alain Touraine and Polish born Zygmunt Bauman received on Thursday the 2010 Prince of Asturias Awards for Communication and Humanities.
World markets and Euro boosted by China’s supportive comments
World stock markets soared strongly on Thursday, boosted by supportive comments from China on the strength of the Euro. The agency that manages the country's huge foreign assets said it was not rethinking its holdings in Euros.
