Stories for June 21st 2012
Inclusive Wealth Indicator, with human capital data, discussed at Rio+20
A new index that measures a nation's wealth by taking into account factors such as natural resources, social stability and wellbeing, has painted Colombia and Venezuela in a very different light to that suggested by their GDP (gross domestic product) — the traditional measure of a country's success.
Ban Ki-moon at Rio+20: “the old model for economic and social development is broken”
More than 100 Heads of State and government gathered on Wednesday in Rio de Janeiro for the start of the United Nations Conference on Sustainable Development (Rio+20), which seeks to shape new policies to promote global prosperity, reduce poverty and advance social equity and environmental protection.
Rio+20: Development banks to invest 175bn dollars in sustainable transport
The eight largest multilateral development banks (MDBs) announced on Wednesday at the United Nations Conference on Sustainable Development, Rio+20, that they will invest 175 billion dollars in sustainable transportation systems over the coming decade.
Cristina Fernandez forced to return to address a three-day teamsters strike
As Argentine president Cristina Fernandez was landing in Buenos Aires Wednesday night cutting short her international tour, Gendarmerie forces were clashing with striking teamsters at a major fuel refinery which is vital for the supply of gas to the province of Buenos Aires.
Bachelet calls for transitional measures to boost number of female lawmakers
Chile should bring in “transitional measures” to boost the number of female lawmakers, said former President Michelle Bachelet, who heads the United Nations body charged with empowering women.
Protesting Chilean students again take to the streets; minor clashes with Carabineros
Dozens of Chilean high school students were detained in Santiago on Wednesday as a protest organized by the National Confederation of Secondary Students (CONES) turned ugly.
Welsh nationalist party rebuffs Argentine approach on Falklands’ dispute
Diplomats from the Argentine embassy in London invited senior representatives from Plaid Cymru, for talks in the past six months, reports The Daily Telegraph.
Argentine government authorizes the export of 6 million tons of 2012/13 wheat
Argentina's government authorized this week the export of 6 million tons of 2012/13 wheat as farmers advance with early plantings, officials said.
Drought hit Argentina soy beans and corn crops really hard
Argentina's biggest grains exchange trimmed its forecast for 2011/12 soy output this week to 40.5 million tons, down from May's estimate of 40.9 million tons as harvesting enters the home stretch.
Argentines inflation expectations remain above 30% for the fourth month running
Argentines' expectations for future inflation held steady in June, marking the fourth consecutive month in which people have expected annual inflation to total 30%.
