Stories for January 2012

Tuesday, January 31st 2012 - 23:57 UTC

Brazil/Arab world trade soared more than 28% in 2011, reaching 25.13bn dollars

Chamber president Salim Taufic Schahin forecasts ‘10% to 15%’ increase this year

Brazil's trade with the Arab world soared more than 28% in 2011 to reach 25.13 billion dollars and is expected to grow a further 15%t this year, the Arab Brazilian Chamber of Commerce said on Tuesday.

Tuesday, January 31st 2012 - 23:51 UTC

China bars Brazil’s bulk carriers from its ports; clash over iron ore shipping rates

Valemaxes are the Brazilian corporation effort to compete with Australian suppliers Billiton and Rio Tinto

China banned a giant new class of ship from its ports on Tuesday, a move that checks efforts by mining giant Vale SA to cut the cost of shipping iron ore to its largest market and risks raising trade tensions with Brazil.

Tuesday, January 31st 2012 - 17:39 UTC

Chile almost close to “full employment”; shortage of manpower in some sectors

Minister Evelyn Matthei, labour market expected to continue expanding this year

Chile’s unemployment rate unexpectedly declined in the three months through December to 6.6% from 7.1% as the retail, mining and construction industries expanded, the National Statistics Institute said on Tuesday. The situation according to economists is close to “full employment”.

Tuesday, January 31st 2012 - 17:35 UTC

Euro zone unemployment climbs to highest level since 1998

Austria has the lowest index with 4.1% and Spain among the highest with 22.9%

Euro zone unemployment has risen to its highest level since before the Euro was introduced, according to data showed on Tuesday, a day after EU leaders promised to focus on creating millions of new jobs to try to kick start Europe's floundering economy.

Tuesday, January 31st 2012 - 14:05 UTC

London rejects bill initiative to ensure Falklands’ remain British

Foreign Office Minister Jeremy Browne will be present in the Falklands for the 30th anniversary

The government has ruled out bringing in a UK law to ensure the Falkland Islands' right to remain British. Tory MP Guy Opperman said legislation would show support for the “unambiguous right to self-determination”.

Tuesday, January 31st 2012 - 13:58 UTC

HMS Dauntless on South Atlantic patrol in coincidence with Falklands’ anniversary

The Portsmouth-based Dauntless will be the first of the RN new £1bn Type 45 destroyers to go to the area

The UK press reports that the Royal Navy is to send one of its most powerful warships to the Falkland Islands as tensions rise with Argentina over the disputed territory.

Tuesday, January 31st 2012 - 13:55 UTC

Falklands’ government advances in options for a proposed new port facility

The current FIPASS or the Mare Harbour facilities among the options

A paper relating to further work on options for the proposed new port facility for the Falkland Islands was presented to the latest Executive Council Meeting by the Falkland Islands Government Projects Director.

Tuesday, January 31st 2012 - 05:39 UTC

Dilma Rousseff arrives in Havana to advance trade and investment relations

A meeting of the Brazilian president with Fidel Castro could be in the agenda

Brazil's President Dilma Rousseff arrived Monday to Cuba for a two-day visit to discuss bilateral economic cooperation and human rights. From Cuba Rousseff will travel on to Haiti as she aims to continue the regional diplomatic outreach of her popular predecessor, Lula da Silva.

Tuesday, January 31st 2012 - 05:35 UTC

Malvinas dispute a ‘bilateral issue’ which is not included in the EU agenda

Ambassador Alfonso Diez Torres: no reason to amend the Lisbon treaty to exclude the Falklands as demanded by Argentina

European Union ambassador in Buenos Aires Alfonso Diez Torres said that the Falklands/Malvinas issue does not figure in the foreign affairs agenda of the EU, it’s a bilateral issue and he does not see any reason to amend the Lisbon treaty to exclude the disputed South Atlantic Islands as demanded by Argentina.

Tuesday, January 31st 2012 - 05:32 UTC

Uruguay industry accuses Argentina of systematically blocking exports

Rafael Sanguinetti, Mercosur not fulfilling its obligations

The Uruguayan industrial sector warned that certain members of the Mercosur “are failing to fulfil their obligations” and targeted Argentina directly by pointing out that the new trade regulations set by the local Government “are hurting production” in the neighbouring country.

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