Stories for July 7th 2012
Brazil June inflation lowest in two years helped with temporary tax breaks
Brazil’s inflation slowed to its lowest in almost two years on temporary tax breaks for autos, paving the way for more interest rate cuts as the government tries to revive economic growth.
Chile sets out its defence strategy targets emphasizing global cooperation
The Chilean government released its new 2012-2024 National Defence and Security Strategy (ENSYD) this week which promises to address “new threats” to Chilean security in an international context.
Argentina ends double taxing treaty with Chile which was running since 1976
Chilean Foreign Minister Alfredo Moreno regretted Argentina’s decision to end a double taxing agreement which was running since 1976 and exempts Chileans and Argentines making business in the neighbouring country from paying taxes as long as they are already contributors at home.
Euro crisis “the greatest external economic risk” for Latinamerican growth
The Euro crisis is the “greatest external economic risk” for Latinamerica warned the Inter American Development Bank Luis Alberto Moreno who nevertheless said he was convinced the world with end acknowledging the efforts from the European Union and Spain.
Relief for Humala: major Army victory over Shinning Path, dilutes anti-mining violence
Peruvian police captured 11 Shining Path rebels and freed 10 children thought to be in combat training, President Ollanta Humala said on Friday after a string of military setbacks and a week of anti-mining violence.
Strong demand for Falklands beef: MPA burgers and the oil industry
The Falkland Islands national beef herd could be doubled to meet current and potential markets, farmers heard at a Falklands Meat Company, FMC, meeting this week in Stanley.
Faulty sensors and inadequate pilot training caused Air France Flight 447 tragedy
French investigators say faulty sensors and inadequate pilot training caused Air France's Rio-to-Paris 447 flight to crash into the Atlantic in 2009. Their final report caps a bitter row between the airline and Airbus.
“Collusion” much to do with Japan’s Fukushima nuclear crisis, says expert panel
Japan's Fukushima nuclear crisis was a preventable disaster resulting from “collusion” among the government, regulators and the plant operator, an expert panel said, wrapping up an inquiry into the worst nuclear accident in 25 years.
Europe’s tallest skyscraper the Shard opens in London with 26 floors of vacant office space
Europe's tallest skyscraper the Shard was inaugurated in London in a dazzling sound and light show befitting its status as the capital's brashest and most controversial building.
Argentina to pay maturing debts in third quarter with central bank reserves
The Argentine central bank will affect 4.165 billion dollars from the bank’s freely available reserves to honour government debt maturing in the third quarter, it was officially announced.
