Stories for May 24th 2012
Brazil’s current account deficit compensated by heavy FDI during April
Brazil's monthly current account deficit rose sharply in April as the country's trade surplus faded and profit remittances and foreign travel costs increased, the Brazilian Central Bank said Thursday.
Outbreak of tick fever kills 22 cattle in Australia; origin of the parasite unknown
Twenty-two cattle have been killed by tick fever in the New South Wales, Australia. Tick fever is caused by a parasite in red blood cells and the only thing that can spread tick fever is cattle ticks, reports Meat trade news daily.
Despite Peruvian government report controversy over mysterious death of dolphins continues
The mystery surrounding the deaths of at least 877 dolphins in Peru deepened as the government said human activity was not to blame but failed to pinpoint a natural cause for the massive die-off.
China to take measures to boost demand fearing economy slowdown
China has said it will take measures to boost demand and investment amid fears of a slowdown in its economy. The government said it will encourage private investment in sectors such as energy, railways and telecommunications.
Falklands’ service to honour British Forces who lost their lives when landing for the recovery of the Islands
The Falkland Islands held a commemorative service to the memory of those who lost their lives thirty years ago when British Forces landed in the Islands for the final push against the occupying Argentine forces.
Uninspired EU summit pledges support for Greece, but prepares for “Grexit”
European Union leaders pledged support for Greece on Thursday, vowing to keep the debt-wracked country in the Euro zone as officials prepared behind the scenes for a possible doomsday scenario of exit.
“Blue” dollar in Argentina reaches 6.15 Pesos; 36% gap over official exchange
Wednesday was another day of intense trading for the money exchange market in Buenos Aires with the “blue” or black market dollar reaching a new record, 6.15 Argentine Pesos, which for the first time was higher than the system used for getting dollars out of the country.
Immigration has been sidelined in the US at the expense of human capital growth
Immigration has been sidelined by the US government at the expense of economic and human capital growth, according to New York Mayor Bloomberg who blasted the US government for becoming so worried about reelection and so partisan that “they don't consider immigration as an economic strategy”.
Falklands’ lawmaker accuses Argentina of “indiscriminate and uncontrolled” fishing
A member of the Falkland Islands elected Legislative Assembly criticized Argentina for “indiscriminate and uncontrolled” fishing and regretted the lack of cooperation in the conservation of South Atlantic fisheries.
Glut of pigs in the US and China posed to halt four-year rally in prices
The heaviest and most numerous US pig population on record and rebounding Chinese output are creating a surplus that is poised to halt a four-year rally in prices, reports Meat Trade News daily.
