Stories for April 2012

Wednesday, April 25th 2012 - 23:37 UTC

Malvinas families divided over identifying remains at the Falklands’ Argentine cemetery

Cesar Trejo: we must respect the wishes of all families

The Malvinas families’ commission regrets they have not been consulted on the Argentine government’s request for international help to identify the remains of the ‘unknown soldiers’ buried at the Argentine cemetery in the Falkland Islands.

Wednesday, April 25th 2012 - 21:42 UTC

Energy rich Venezuela starts nationwide power rationing program

The rotating power outages began on Monday

Venezuelan authorities announced on Tuesday the resumption of nationwide power rationing plans to cope with the imbalance between supply and demand in the National Electricity System (SEN).

Wednesday, April 25th 2012 - 21:35 UTC

High cost and scarcity of electricity threatens Chile’s massive investments in copper industry

“Chile will have to shelve many of the mining investments”, said Joaquin Villarino

The biggest-ever pipeline of copper projects is under threat as Chile, the world's top producer, struggles to contain rising opposition to new power plants.

Wednesday, April 25th 2012 - 21:14 UTC

Falklands’ lawmaker rejects Argentine proposal for direct air-link with Buenos Aires

MLA Sharon Halford: no thanks, “we have very adequate air links”

Falkland Islands lawmaker Sharon Halford rejected the Argentine proposal of direct flights from Buenos Aires to the Islands saying that “they are not needed” and expressed surprise at the double standard of President Cristina Fernandez administration.

Wednesday, April 25th 2012 - 20:34 UTC

Fed repeated promise to leave interest rates on hold until late 2014

Dissenting Jeffrey Lacker from Richmond Fed said “rates would need to be raised before that time frame (2014)” (Photo: Reuters)

The US Federal Reserve on Wednesday repeated its promise to leave interest rates on hold until at least late 2014 but offered few clues into whether it might offer additional stimulus later this year.

Wednesday, April 25th 2012 - 10:21 UTC

Gasoline prices in the US will continue to increase in spite of electoral year

Americans getting ready to take the road for summer vacations (Photo AP)

The US government announced it was getting into the commodities game in an effort to protect consumers from some of the geopolitical factors spilling over into the retail gasoline market. OPEC and the IEA both said in their monthly reports that market perceptions were behind higher energy prices, not physical shortages.

Wednesday, April 25th 2012 - 07:02 UTC

Argentina must take control of its natural resources, insists Cristina Fernandez

The Argentine president admitted to being “nervous and anxious” when making the YPF seizure announcement (Photo: TELAM)

Argentine President Cristina Fernández vindicated her decision to expropriate YPF, assuring that her Government “remains convinced that all Argentines should be in control of the country’s natural resources.”

Wednesday, April 25th 2012 - 06:58 UTC

Rio do Janeiro admit a dengue epidemic: over 50.000 cases and 12 deaths

The marvellous city famous for its beaches, women, Carnival and mosquitoes

The Brazilian ‘marvellous city’ of Rio do Janeiro officially declared it is suffering an epidemics emergency of the mosquito transmitted disease of dengue, following confirmed reports of over 50.000 cases so far this year, and 500 in the last week.

Wednesday, April 25th 2012 - 06:55 UTC

One of Argentina’s main textile groups prepares to abandon the Stock exchange

Alpargatas currently under Brazilian control has been in Argentina for almost a century

One of Argentina’s main textile and shoe wear companies, Alpargatas belonging to the powerful Brazilian Camargo Correa group has begun the process to abandon the Buenos Aires stock exchange.

Wednesday, April 25th 2012 - 06:51 UTC

Holland enters in Euro risk zone as political parties clash over further austerity

PM Mark Rutte appeals to Parliament

Holland one of the few show cases of Europe with all economic indicators the envy of its fellow EU members has stalled in a political controversy while at the other end Greece sees no end to suffering in its fifth year of recession.

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