Stories for April 6th 2011
Good outlook for Mexican manufacturing as the US economy recovers
The increase in the Mexican IMEF manufacturing index last month suggests that the industrial sector has continued to benefit from stronger demand in the US, points out Capital Economics.
Instituto Cervantes at a new home in Gibraltar with a vast program of activities
Spain’s Instituto Cervantes for the promotion of Spanish language and culture opened this week its doors at Cloister Building in Gibraltar. The local director of the institute, Francisco Oda said that the centre was ready to welcome everyone now that it had moved to its home in Market Lane.
Argentina opens boat access to Tierra del Fuego eliminating Chilean crossing
Argentina’s government is opening a new path to Tierra del Fuego that will give travellers, who once had to pass through Chile to reach the southernmost tip of the continent, the option of skipping Chile altogether.
UK increases funds for South Georgia and the British Antarctic Territory
The UK Government has announced it is to increase funds for South Georgia and the other UK Overseas Territories. On March 10th the UK Secretary of State for Foreign and Commonwealth Affairs, William Hague, announced the increase of the Overseas Territories Programme Fund to £7m per year and a special one off payment of £1 million to GSGSSI this year, reports the March edition of South Georgia Newsletter.
Chile, Colombia, Peru launch integrate stock markets beginning May 30
Operations of a joint stock market linking Chile, Colombia and Peru are scheduled to begin May 30. The group, known as the Integrated Latin American Market, or Mila, said Tuesday that the decision was taken following two rounds of successful testing.
Wikileaks knocks out second US ambassador in Latam: this time in Ecuador
Ecuador is expelling the U.S. ambassador over a 2009 diplomatic cable released by WikiLeaks in which the diplomat accused the country’s former police chief of corruption.
Venezuela admits an annual inflation of 27.4% in the last twelve months
Venezuela's nationwide consumer price index (NCPI), prepared by the Central Bank of Venezuela (BCV) and the National Statistics Institute (INE), showed a 1.4% increase in March 2011 compared to February 2011.
Unprecedented damage to the ozone layer over the Arctic, says WMO
The ozone layer has seen unprecedented damage in the Arctic this winter due to cold weather in the upper atmosphere. By the end of March, 40% of the ozone in the stratosphere had been destroyed, against a previous record of 30%.
President Rousseff says Brazil needs to spend money on defence
Brazilian President Dilma Rousseff strongly supported the need to spend money on defence at a time when she is making big budget cuts in many areas.
Spain’s official unemployment above 20%, with 43% of young Spaniards jobless
Spain’s official unemployment advanced for a third month in March, deepening the divide between peripheral economies struggling to recover from the financial crisis and Germany’s booming labour market. It was the worst record for Spain since 1996.
