Stories for July 23rd 2012
Brazil corrects IMF: outdated facts, credit expansion slower and inflation under control
The Brazilian government questioned as outdated the latest IMF report, released Friday July 20, in which the Fund calls for more domestic savings and greater attention to inflation.
The global super-rich have at least 21trillion dollars hidden in secret tax havens
The global super-rich elite had at least 21 trillion dollars hidden in secret tax havens by the end of 2010, according to a major study. The figure is equivalent to the size of the US and Japanese economies combined.
Euro-zone countdown for Greece: Germany and IMF will not yield on austerity measures
German Finance Minister Wolfgang Schaeuble warned Greece in a newspaper interview Monday that it must redouble efforts to comply with bailout conditions imposed by international creditors. “If there were delays, Greece must make up for them,” he told the daily Bild.
FARC blow up Colombia’s main oil pipeline; fears of pollution in nearby river
Colombia's largest rebel group has blown up a section of the 220.000-barrel-per-day-capacity Caño Limon-Covenas oil pipeline, Ecopetrol and the army said, in the latest in a series of attacks on oil infrastructure.
Gibraltar demands action from UK, after latest incident with Spain’s Guardia Civil
The Gibraltar government has told the UK that 'the time has now come for action, not simply written protests from London to Madrid' in defence of British Gibraltar Territorial Waters, following the latest incident where a Gibraltar vessel was boarded by the Guardia Civil in Gibraltar waters 'and forcibly conveyed' together with its occupants to Algeciras 'at high speed and without navigational lights.'
Demonstrators protest the election of Peña Nieto as Mexican president
Thousands of people marched through Mexico City to denounce the July 1 election of Enrique Peña Nieto as president, though the protest was smaller than one held earlier this month.
Scientists discover whales learn to protect their ears from loud noise
Scientists have long known that man-made, underwater noises — from engines, sonar, weapons testing, and such industrial tools as air guns used in oil and gas exploration — are deafening whales and other sea mammals.
After 18 years of negotiations Russia is member of World Trade Organization
President Vladimir Putin signed the bill ratifying Russia’s entry to the World Trade Organisation after 18 years of often acrimonious negotiations, the Kremlin press office said.
EU parliament president warns economic crisis could spark “social explosion”
European Parliament president Martin Schulz warned this weekend that Spain's economic crisis could spark a “social explosion” across the continent.
OAS will not sanction Paraguay, says ambassador following informal meeting
Paraguay will not be sanctioned by the Organization of American States, said the country’s ambassador on Friday following an informal meeting behind closed doors of OAS Permanent Council.
