Stories for March 15th 2011

Tuesday, March 15th 2011 - 23:49 UTC

Mercosur claims EU is willing to continue negotiations, but requests more time

Argentina’s Secretary for International Economic Relations Luis Maria Krecler

Mercosur was prepared to listen to proposals on liberalizing trade, but the European Union requested more time and continue working with the negotiations, according to Mercosur delegates attending the trade talks with EU in Brussels.

Tuesday, March 15th 2011 - 23:47 UTC

Cuba devalues currency 8% to boost exports and imports substitution process

Most Cubans are paid in ordinary pesos equivalent to 4 US cents

Cuba devalued its convertible peso by 8% Monday to the level of parity with the US dollar as part of efforts to boost the island's flagging economy, the central bank said. Use of the convertible peso is limited to tourists and other foreigners, for Cubans who receive remittances from abroad and for export activity

Tuesday, March 15th 2011 - 23:38 UTC

EU chief negotiator admits ‘complications’ but confident of a trade accord with Mercosur

EC chief negotiator Joao Aguiar Machado says negotiations’ calendar is not necessary

A strongly worded resolution from Members of the European Parliament earlier this month outlining their concerns over agriculture does not represent a setback for EU-Mercosur trade talks, the EU chief negotiator said in Brussels.

Tuesday, March 15th 2011 - 11:12 UTC

The Queen’s Commonwealth Day speech

Last week, on the 8th of March, we marked the hundredth anniversary of the first International Women’s Day. The idea of having a women’s day was first proposed against the backdrop of the rapid industrialisation of the early twentieth century.

Tuesday, March 15th 2011 - 11:05 UTC

President Obama will underline ‘coincidences’ during his visit to Brazil

Ambassador Shannon said ‘some frictions’ are normal between big countries

US ambassador in Brazil Thomas Shannon downplayed differences between Washington and Brasilia saying that coincidences are far greater and will be the core of discussions during the coming visit of US president Barack Obama next week end.

Tuesday, March 15th 2011 - 10:56 UTC

Cristina Fernandez election campaign takes off with a resounding success

The coming test for CFK and her Victory Front next Sunday is in the Patagonian province of Chubut

A surprise ruling party victory in Argentina’s first provincial election of the year gives President Cristina Fernandez a boost before her likely re-election bid in October. CFK ally Lucia Corpacci ousted the current governor of Catamarca province, who sought a third term in Sunday’s vote.

Tuesday, March 15th 2011 - 10:54 UTC

CFK announces Arabs will enlarge the port of Buenos Aires

Argentine president inaugurates new cruise ship terminal

Argentine President Cristina Fernández de Kirchner spoke at the official ceremony for the opening of the the new cruise ship terminal of the Buenos Aires City port and highlighted “the importance of boosting tourism, which contributes to Argentina's growth and creates jobs.”

Tuesday, March 15th 2011 - 10:26 UTC

China’s largest agro enterprise plans to buy or lease 200.000 hectares world wide

Among the countries included by Sui Fengfu (second from right) are Argentina, Brazil and Venezuela

China’s largest agricultural enterprise, Heilongjiang Beidahuang Nongken Group, will acquire or lease 200,000 hectares of cropland in countries including Brazil, Argentina, Venezuela, Russia, The Philippines, Australia and Zimbabwe, the official People’s Daily newspaper said.

Tuesday, March 15th 2011 - 10:19 UTC

Harvard ranked as the university with the world highest reputation

In the top ten figure, 6 from the US, 3 from UK (including Cambridge, Oxford and Imperial college of London) and the University of Tokyo

According to Times Higher Education (THE) ever World Reputation Rankings, Harvard, MIT and the University of Cambridge are the most globally well-regarded universities.

Tuesday, March 15th 2011 - 10:16 UTC

China became world’s top manufacturing nation, ending 110 year US leadership

However output was driven by the Chinese subsidiaries of US companies

China has ended a 110-year-long US leadership, overtaking the country as the world's top manufacturing nation in 2010, reports quoting a research report by US-based consultancy IHS Global Insight said.

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