Stories for March 9th 2011
“Argentina has not learnt the 2001 lesson, nor have many investors the 2008 crisis”
“There is no evidence that Argentina has learnt the lesson from the 2001 crisis”, said Carmen Reinhart one of the most influential US economists and an expert in Latin America, who has worked for the IMF, in Wall Street and teaches at the University of Maryland.
Unasur HQ to be named after Nestor Kirchner; next Friday the official ceremony
The permanent headquarters of Unasur, (Union of South American Nations) in Quito, Ecuador will be named after its first Secretary General, deceased Argentine former president Nestor Kirchner, the government of Ecuador officially announced Wednesday.
US after transparent trade across Asia-Pacific region; plans to double exports in five years
The United States will step up efforts for free, open and transparent trade across the Asia Pacific region as it seeks to double US exports in five years, Secretary of State Hillary Clinton said.
UK farmers come out strongly against Mercosur “cheap meat imports”
Farmers in the UK have warned the EU against a trade deal with Mercosur which could see Brazil and Argentina given access to the European meat market, potentially flooding the market with cheap imports and undermining domestic producers.
Ice losses in both caskets and rising sea level faster than estimated
Ice loss from Antarctica and Greenland has accelerated over the last 20 years, research shows, and will soon become the biggest driver of sea level rise. From satellite data and climate models, scientists calculate that the two polar ice sheets are losing enough ice to raise sea levels by 1.3mm each year.
China plans to build 10 million low cost homes in 2011
China plans to build 10 million low-cost homes this year at a cost of 200 billion US dollars, a government minister has said. The move comes as soaring home prices spur complaints about affordability.
Critically low oxygen blamed for massive death of fish in South California
Critically low oxygen levels have been measured in a southern Californian harbour after millions of dead fish were washed up in Redondo Beach's marina, close to Los Angeles. A local scientist, Brent Scheiwe, said he took dissolved oxygen level readings in the harbour and found them at almost zero.
US State Department will no longer comment Wikileaks cables
While offering a press conference in Washington DC, US Assistant Secretary of State for Public Affairs Philip Crowley refused to comment on the recently released Wikileaks cables that mention Argentina and said his government would refrain from doing so in the future.
Nestor Kirchner government is more like “fascist brown shirts than left-wing”
Former Uruguayan Industry and Energy Minister, Jorge Lepra (*), described Néstor Kirchner’s government as ”fascist”, during a meeting with the US Embassy Chargé D'Affaires at Uruguay, James Nealon, in February 14, 2006, according to a cable revealed by Wikileaks in which Nealon reported to Washington the minister’s harsh words.
Oil prices ease as OPEC begins talks to increase output replacing Libya
Oil dropped for a second day in New York as members of the Organization of Petroleum Exporting Countries considered talks about increasing production because violence is disrupting supplies from Libya.
