Stories for May 2011

Friday, May 6th 2011 - 00:10 UTC
Uruguayan inflation eases in April but still is almost double the annual target

Uruguay’s April consumer inflation, 0.34%, the lowest since last November came as a relief for government authorities, but the accumulated rate of the last twelve months was 8.34%, well above the Central bank 4% to 6% target. Furthermore compared to April 2010 inflation was almost double: 0.18% vs 0.34%, according to the country’s Statistics Institute, INE.
Friday, May 6th 2011 - 00:03 UTC
Commodity prices fall for the fourth day running; oil below 100 USD per barrel

Commodity prices fell on Thursday for a fourth day, following weak economic news from Europe and the US. Oil prices were down 10% at one stage, with US light, sweet crude ending the day below 100 US dollars a barrel.
Thursday, May 5th 2011 - 23:51 UTC
Spain loses 12-year battle: Argentina can use La Rioja denomination for its wines

Spain has lost its 12-year battle with Argentina over the use of the name La Rioja. The northwestern Argentine province of La Rioja was founded by a Spaniard in 1591; the Spanish were also responsible for introducing vines to the region, reports Decanter.com.
Thursday, May 5th 2011 - 16:37 UTC
FAO April food prices index stable but still 36% higher than in 2010

Food prices remained virtually steady in April after falling in March following eight months of successive increases, FAO announced Thursday.
Thursday, May 5th 2011 - 10:53 UTC
Scientists plan to recreate Darwin’s five year voyage on HMS Beagle replica

An international group of scientists plan to recreate Charles Darwin’s five-year sea voyage around the world aboard a replica of the HMS Beagle. They plan to set sail from London in 2014.
Thursday, May 5th 2011 - 10:27 UTC
Sixty years later NASA Gravity Probe B confirms predictions by Albert Einstein

Nasa's Gravity Probe B has produced remarkable new confirmation of some key predictions by Albert Einstein. The satellite's observations show the massive body of the Earth is very subtly warping space and time, and even pulling them around with it.
Thursday, May 5th 2011 - 08:26 UTC
German president and trade delegation on three-day visit to Brazil

German President Christian Wulff is in Brazil on a three-day visit aimed at strengthening ties between the two countries and discussing mutual co-operation in science and technology.
Thursday, May 5th 2011 - 08:18 UTC
South Georgia rodents’ eradication campaign gets world headlines

Conservationists say they are pleased with early efforts to kill rats on South Georgia, in what is the biggest rodent eradication campaign in history. No-one really knows how many rats inhabit the island in the South Atlantic, but it could be millions.
Thursday, May 5th 2011 - 01:57 UTC
Argentine group buys 10% of YPF, now holds 25.46% of the company

Argentina's Eskenazi family has agreed to pay 1.3 billion US dollars to buy an additional 10% in YPF, the Argentine unit of Repsol, the Spanish oil company said on Wednesday.
Thursday, May 5th 2011 - 01:46 UTC
Brazilian corporation becomes ‘orange juice king’ of the world

Citrovita and Citrosuco of Brazil won European Union antitrust approval for their merger plan to form the world’s largest wholesale supplier of orange juice.