Stories for September 2011

Friday, September 30th 2011 - 23:26 UTC

Oil prices end September 10% down on poor oil demand in Atlantic basin

Libya’s return to the market also added to the bearish spin

Oil prices fell on renewed economic concerns, putting Brent on track for about a 10% drop this month and its biggest quarterly decline in five quarters.

Friday, September 30th 2011 - 23:23 UTC

Bulgarian party enters a donkey to run for mayor to protest its frustration

Marko “doesn’t steal, doesn’t lie and gets work done”

EU member is fed up with politicians in office and has taken a drastic decision. Marko the donkey has been chosen by the Society for New Bulgaria political party to represent them for the elections on October 23.

Friday, September 30th 2011 - 19:49 UTC

Shakira ex-boy friend has found a new love in Miss Colombia (with panties)

Antonio and Daniela enjoying their romance

Shakira’s former boyfriend and manager is no longer a member of the lonely hearts club, but has kept faithful to the Colombian blend: Antonio De la Rúa’s new couple is none less than a former Miss Colombia.

Friday, September 30th 2011 - 18:27 UTC

Brazil primary budget surplus down in August; growth projection lowered to 3.5%

Central bank president Tombini preaches caution given global turbulences

Brazil’s budget surplus before interest payments narrowed in August to its lowest in nine months even as the central bank relies on fiscal policy to help fight the fastest inflation in six years.

Friday, September 30th 2011 - 17:57 UTC

For Latam the role of the Yuan as an international currency is “inevitable”

Jorge Castro said China’s contribution to the world is to keep growing at current rates

The role of the Yuan as an international currency is “inevitable” and it is most feasible that Latin American countries will begin accumulating foreign exchange reserves in that currency forecasted an Argentine expert in foreign relations.

Friday, September 30th 2011 - 16:27 UTC

Latin America remembers and praises links with Beijing on China’s National Day

President Mujica underlines China’s contribution to human civilization

With China's National Day hours away, (October first), countries across Latin America pledged to further deepen ties with China, one of their biggest trade partners.

Friday, September 30th 2011 - 16:22 UTC

World Travel Market 2011 will have a strong Olympics tourism emphasis

WTM will be opened by Olympics Minister Jeremy Hunt

UK Olympics Minister Jeremy Hunt will open World Travel Market (WTM) 2011, the leading global event for the travel industry – the final WTM before the 2012 London games.

Friday, September 30th 2011 - 06:17 UTC

Chavez tossing a softball ridiculed Miami rumors his health had turned for worse

”Here I am. I'm my own response”, said the loquacious Venezuelan leader

Venezuelan President Hugo Chavez said on Thursday that his latest medical checks have been stellar and ridiculed rumors that his health might have taken a turn for the worse. The press conference took place at the presidential palace.

Friday, September 30th 2011 - 06:13 UTC

Chilean/Swedish group ensure 1.35billion dollars to finance pulp plant in Uruguay

Montes del Plata is planned for an annual production of 1.3 million tons of pulp

The Chilean group Arauco, an affiliate of the pulp and paper Copec Enterprises announced on Thursday that together with its European partner they had subscribed 1.354 billion dollars in loans for the construction of a pulp plant in Uruguay.

Friday, September 30th 2011 - 06:09 UTC

Falklands’ B&S Petroleum confirms 197m dollars to drill two wells in Jan/Feb

The Leiv Eirikson rig is currently working in Greenland said CEO Howard Obee

Falkland Islands oil and gas explorer Borders & Southern Petroleum has swung into the black, just months before it embarks on its drilling program in the South Falkland Basin. The company posted pre-tax profits of 761.211 dollars in the six months ended June 30, compared to a loss of 672.185 in 2010.

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