Stories for March 1st 2011

Tuesday, March 1st 2011 - 23:52 UTC

Pro-Kirchner academics want Nobel Prize Vargas Llosa out of Argentina

Unesco invited the Peruvian writer to open Buenos Aires book fair, the largest in the Spanish speaking world

Intellectuals close to Argentine President Cristina Fernandez de Kirchner launched a campaign Tuesday to stop Nobel Prize Mario Vargas Llosa from opening the Spanish-speaking world's largest cultural fair because of his disparaging remarks about Argentine politics.

Tuesday, March 1st 2011 - 18:43 UTC

Cell phones sales in Chile soared 21% in 2010 and now total 21 million

Impressive figure since the country’s population is 17.6 million

In 2010, the number of cell phones in Chile grew to over 21 million, a 21% increase. Cell phone businesses attribute this growth to the number and variety of cheap tariffs available.

Tuesday, March 1st 2011 - 18:40 UTC

Brazil’s Embrear becomes the world’s leading executive-jet manufacturer

At a cost of 3,9 million US dollars, Phenom 100 became the hottest selling

Brazilian executive-jet maker Embraer boosted by domestic demand, became in 2010 the number one world company in sales totalling 145 units and 19% of the global market.

Tuesday, March 1st 2011 - 16:41 UTC

TAM ordered 34 aircraft in anticipation of strong growth demand in Brazil

The operation involves 32 A320 Airbus and two Boeing 777-300

TAM, Brazil's largest airline has ordered 34 aircraft to renew its fleet as it expands operations in its home market and overseas. The operation involves 3.2 billion US dollars and includes 32 A320 Airbus (156/174 seats) and two Boeing 777-300ERS (365 seats).

Tuesday, March 1st 2011 - 16:32 UTC

‘Mercosur is a good idea, badly implemented’ and not much of a ‘market’

Professor Malamud said Paraguay ‘is condemned to Mercosur’

Mercosur (Common market of the South) is a good idea, badly implemented, and it does not have much of “common” and much less of a “market” argues Professor Andres Malamud, researcher at the Lisbon University Social Sciences currently on a lecture tour in Paraguay.

Tuesday, March 1st 2011 - 06:55 UTC

“Brazil has no money to buy jet fighters” in 2011 confirms top official

The Boeing Super Hornet F-18 a serious candidate for the Brazilian Air Force

The Brazilian government has “no money to buy jet fighters” in 2011 confirmed Finance minister Guido Mantega in reference to the tender for the purchase of at least 36 modern aircraft and for which France, United States and Sweden are competing.

Tuesday, March 1st 2011 - 06:40 UTC

Argentina’s imports growth outpacing exports by two to one

Domestic demand for imported goods such as cars is soaring

Argentina’s January trade surplus in January confirmed the shrinking tendency increasingly present all along 2010 as imports’ growth outpaced exports by two to one.

Tuesday, March 1st 2011 - 06:31 UTC

EU fears massive exodus of refugees if there’s a ‘Battle for Tripoli’

Thousands are already heading for Tunisia and Egypt (Photo Reuters)

Europe is extremely concerned about the consequences of the instability in Libya which could mean a humanitarian crisis of proportions if Libyans take to the sea and try to reach the European continent in look of food, hope and jobs, warned the EU Commissioner for Food Aid Kristalina Georgieva.

Tuesday, March 1st 2011 - 06:25 UTC

Most Libyan oilfields no longer under control of Gadaffi

EU Energy commissioner Guenther Oettinger: no point in blockading Libyan oil shipments

Most of Libya's oilfields are no longer under control of Libyan leader Colonel Muammar Gaddafi, the European Union's energy commissioner said on Monday.

Tuesday, March 1st 2011 - 06:20 UTC

Oil prices fall slightly Monday as Saudis confirm they are covering Libyan gap

Saudi Aramco CEO Khalid al-Falih: 9 million bpd, and 3.5 million more if needed

Oil prices fell on Monday in ‘choppy’ trading as expectations that increased production from Saudi Arabia can offset supply disruptions in the region allowed investors to pause after Libya's turmoil sent prices to two and half year peaks last week.

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