Stories for September 1st 2011
Food prices inflation in Latin America increases sustainedly says FAO
Annual food inflation in Latin America and the Caribbean reached 8.7% in July almost one full percentage point above the previous month according to the Food and Agriculture Organization, FAO.
Brazilian catholic church loosing ground to evangelists, atheists and agnostics
The Brazilian Catholic Church continues to loose ground to the evangelists and those who declare to have no religion, according to the latest survey released by the Social policies centre from the Getulio Vargas Foundation in Rio.
Argentina’s big business warms up to CFK: confrontation is ‘pointless’
Big business in Argentina agreed to prolong the current ‘truce’ with the government of President Cristina Fernandez but called for more investment and improved competitiveness with more accessible financing, besides a return to the international voluntary credit market and an agreement with the Club of Paris.
Two major Arctic Ocean shipping routes open simultaneously as ice recedes
Two major Arctic Ocean shipping routes have opened simultaneously for only the second time since satellite observation began in the 1970s, researchers say.
Obama jobs-speech in Congress will compete with opening game of football season
President Barack Obama on Wednesday agreed to unveil new jobs proposals in an address to Congress on September 8, bowing to pressure from Republicans, who objected to the original date set for his high-profile speech.
US effort to track gun-smuggling to Mexico ends in failure and major scandal
The acting director of the US Bureau of Alcohol, Tobacco and Firearms (ATF) and the US attorney in Arizona are resigning over a botched operation to track the flow of guns to Mexico.The ATF' Kenneth Melson had recently faced pressure by Congress to resign.
Brazil unexpectedly cuts interest rate to 12% on risks of EU and US recession
Brazil’s central bank on Wednesday unexpectedly cut interest rates as the risk of recession in Europe and the US shifted policy makers’ focus away from containing the fastest inflation in six years.
Obama jobs’ speech before Congress request triggers political controversy
US President Barack Obama says he will announce plans to promote jobs and economic growth in a speech to Congress next week, although there is a now a dispute involving the Republican Speaker of the House of Representatives over the timing of the event.
US private sector job growth slowed in August for second month running
The pace of US private sector job growth slowed in August for the second month in a row with employers adding 91,000 positions, a report by a payrolls’ processor showed Wednesday.
Argentina, with Brazilian support proposes a South American Space agency
Argentina proposed this week in Brazil the creation of a South American Space Agency, an initiative which was supported by host Brazil during a Defence seminar in Sao Paulo.


