Stories for February 2011

Monday, February 28th 2011 - 23:55 UTC

US budget deficits the biggest long-term worry for top economists

Growing protests from US government employees who fear drastic cuts in jobs, salaries and benefits

United States government deficits are the biggest long-term worry of top U.S. economists, according to a survey released Monday. The survey of 47 top economists by the National Association of Business Economics predicted that the US federal deficit will jump to 1.4 trillion US dollars in the fiscal year ending in September.

Monday, February 28th 2011 - 20:50 UTC

“Discouraging” tourist season for Punta Arenas and Torres del Paine

Can you see any cruise vessels in Punta Arenas?

It has been a tough and discouraging tourist season this summer for Punta Arenas and its area of influence according to local operators and the hotel industry.

Monday, February 28th 2011 - 20:41 UTC

Ten cruise vessels and Falklands’ British Forces commander visit South Georgia

The large cruise “The World”; Fishery Patrol “Pharos SG” and BAS “RRS James Clark Ross” also called at Grytviken

An intense maritime activity was registered in South Georgia during the month of January including cruise and research vessels, the British Antarctic Survey ship “RRS James Clark Ross”, several yachts and HMS Gloucester, reports the latest South Georgia newsletter.

Monday, February 28th 2011 - 20:34 UTC

In spite of racial diversity, European genetic ancestry predominates in Brazil

According to the latest census, 52% of Brazilians are black or brown

Contrary to expectations even when black and brown make up 52% of the 190 million Brazilians, --according to the latest census--, their genetic ancestry is more predominantly European than African or Indio-American.

Monday, February 28th 2011 - 09:05 UTC

Uruguay has the best business climate in Latam, says FGV and IFO

Uruguay offers the best business climate out of eleven countries from Latin America according to the latest ratings released by the Brazilian Getulio Vargas Foundation, FGV and IFO from the University of Munich in Germany.

Monday, February 28th 2011 - 07:08 UTC

And the Winner is...“The King’s Speech”

“The King’s Speech,” a regal period drama about an English monarch’s triumph over stuttering, took the big honors Sunday at the 83rd annual Academy Awards.

Monday, February 28th 2011 - 06:50 UTC

Mercosur central bankers warn task ahead has become “more complicated”

Soaring food and oil prices threaten political stability

Mercosur central banks’ presidents meeting in Peru last Friday agreed that the task ahead has become ‘more complicated’ because of growing inflationary pressures triggered by soaring food and oil prices.

Monday, February 28th 2011 - 06:36 UTC

Argentina/Uruguay launch campaign to jointly organize 2030 World Cup

The Uruguayan team celebrates victory in the first World Cup 30 July 1930

Uruguay and Argentina will take advantage of the coming 2011 America Cup (Copa América) to promote their joint candidacy to organize soccer’s major event: the 2030 World Cup on occasion of the centenary of the first time the tournament was played.

Monday, February 28th 2011 - 06:32 UTC

Inflation challenges Brazil; tighter monetary measures anticipated

Finance minister Mantega argues higher bank reserves and capital requirements are more effective than interest rate increases

Brazil's general price index, or IGP-M, rose 1% month-on-month in February, compared to 0.79% rise in January, the Getulio Vargas Foundation said Friday. Economists' had forecast the index to rise 1.01%.

Monday, February 28th 2011 - 02:14 UTC

World famous solo regatta surprise returns to Uruguay; deterred by violence in Brazil

Brad Van Liew leading the regatta with Le Pengouin (Photo by Ainhoa Sanchez/w-w-i.com)

Velux 5 Oceans. The Ultimate Solo Change is unexpectedly returning to Uruguay after twelve years. The four solo competitors are currently sailing along the South Atlantic and the leading yacht is expected to arrive in Uruguay’s renowned international resort of Punta del Este late Monday.

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