Stories for September 1st 2011

Thursday, September 1st 2011 - 08:14 UTC

Food prices inflation in Latin America increases sustainedly says FAO

Bolivia, Paraguay, Uruguay reported annual food inflation above 10%

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.

Thursday, September 1st 2011 - 08:11 UTC

Brazilian catholic church loosing ground to evangelists, atheists and agnostics

Evangelists already represent 20.2% of the Brazilian population

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.

Thursday, September 1st 2011 - 05:38 UTC

Argentina’s big business warms up to CFK: confrontation is ‘pointless’

Adelmo Gabbi president of Buenos Aires stock market said G6 wants a four-year ‘truce’

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.

Thursday, September 1st 2011 - 05:29 UTC

Two major Arctic Ocean shipping routes open simultaneously as ice recedes

From 3 million square miles in early 1980s the ice cap has fallen to 1.6 million sq miles in 2007

Two major Arctic Ocean shipping routes have opened simultaneously for only the second time since satellite observation began in the 1970s, researchers say.

Thursday, September 1st 2011 - 05:23 UTC

Obama jobs-speech in Congress will compete with opening game of football season

Republicans presidential hopefuls will be holding a debate on Obama’s original date

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.

Thursday, September 1st 2011 - 02:48 UTC

US effort to track gun-smuggling to Mexico ends in failure and major scandal

Operation ‘Fast and Furious’ lost track of guns that ended killing US agents

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.

Thursday, September 1st 2011 - 02:45 UTC

Brazil unexpectedly cuts interest rate to 12% on risks of EU and US recession

The bank’s board led by President Alexandre Tombini voted 5-2 to cut the benchmark rate a half point

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.

Thursday, September 1st 2011 - 02:40 UTC

Obama jobs’ speech before Congress request triggers political controversy

Republican Speaker of Representatives wants Obama to speak when the first game of the American football season

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.

Thursday, September 1st 2011 - 02:37 UTC

US private sector job growth slowed in August for second month running

Unemployment in the US remains above a solid 9%

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.

Thursday, September 1st 2011 - 02:30 UTC

Argentina, with Brazilian support proposes a South American Space agency

Defence minister Puricelli addressing the Sao Paulo defence seminar

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.


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