Stories for February 28th 2011
US budget deficits the biggest long-term worry for top economists
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.
“Discouraging” tourist season for Punta Arenas and Torres del Paine
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.
Ten cruise vessels and Falklands’ British Forces commander visit South Georgia
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.
In spite of racial diversity, European genetic ancestry predominates in Brazil
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.
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.
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.
Mercosur central bankers warn task ahead has become “more complicated”
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.
Argentina/Uruguay launch campaign to jointly organize 2030 World Cup
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.
Inflation challenges Brazil; tighter monetary measures anticipated
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%.
World famous solo regatta surprise returns to Uruguay; deterred by violence in Brazil
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.
