Stories for September 10th 2010
Brazil’s Real at its highest in eight months; government promises a cap
Brazilian Finance Minister Guido Mantega said the government won’t allow the Real to strengthen excessively as the currency reached its strongest in eight months.
Kirchner cabinet refutes FT report: no IMF revision of Argentine economy
Argentina is still opposed to having its economy reviewed by the International Monetary Fund (IMF), government ministers said on Thursday, refuting recent media reports to the contrary.
World Bank calls on governments to protect local land rights from large-scale acquisitions
As rising food and fuel prices create incentives for large-scale land acquisitions around the world, it is more important than ever for governments and the international community to protect local land rights, according to a new World Bank study released this week.
Falklands’ first local television station ready to begin broadcasting
The Falkland Islands first local television station will soon be broadcasting to the Islands. KTV and Stanley Services Limited have announced the creation of a new Company called Falkland Islands Television Limited (FITV) which will broadcast locally produced news programs.
Chilean top farm lobbyist offered position as ambassador to China
Luis Schmidt, former president of the National Society of Agriculture (SNA) and the Chilean Fruit Growers Association (Fedefruta), has been offered the position of the Chilean Ambassador to China.
Spanish congress approved labour market reforms; protest strike Sept. 29th
Spain's lawmakers gave their final approval to a package of government-proposed labour market reforms aimed at cutting down the country's high unemployment rate and reviving the economy.
Bank of England leaves interest rates on hold at 0.5% for 18th month running
The Bank of England has kept UK interest rates on hold at a record low of 0.5% for the 18th consecutive month. The Monetary Policy Committee's (MPC) decision had been expected, but calls have been growing for an increase in rates to curb inflation.
A rare copy of “Birds of America” to be auctioned could raise 15 million USD
Ten years ago, a copy of painter and naturalist John James Audubon’s Birds of America was sold by Christie’s for £5.7m (8.8 million USD). On 7 December this year, another copy of the book will be auctioned by Sotheby’s, along with other rare and valuable books, letters and manuscripts.
Invasive “killer shrimp” discovered at water reservoirs in England
A killer shrimp has been found for the first time in the UK at an Anglian Water reservoir in Cambridgeshire, England. Two anglers spotted the shrimp, which can be as small as three mm, at Grafham Water near St Neots on Friday September 3 and sent samples to the Environment Agency for identification.
New York Times going out of print “sometime in the future”
Chairman and publisher of the New York Times Arthur Sulzberger delivered a speech within the framework of a newsroom gathering summit in London and tackled the rumours of the newspaper going out of print by 2015.
