Stories for 2012

Thursday, November 8th 2012 - 07:11 UTC
Heat causes massive blackout and the collapse of Buenos Aires city

A heat wave which reached 36 Celsius caused on Wednesday a massive blackout in Argentina’s capital with an estimated three million people suffering lack of power plus such emblematic sites as Government House (Casa Rosada), Congress and the posh district of Puerto Madero.
Thursday, November 8th 2012 - 07:08 UTC
Brazil says inflation in October peaked and should begin to ease

Brazilian Finance Minister Guido Mantega said on Wednesday that inflation has peaked and indicators are pointing to a retreat to a lower level. Consumer prices rose in October at their fastest pace since April due to higher food prices, government data showed, though a measure of wholesale costs suggested relief should arrive in coming months
Thursday, November 8th 2012 - 07:02 UTC
Powerful 7.4-magnitude quake hits Guatemala kills dozens; tremors reach Mexico City

A powerful earthquake off the Pacific coast of Guatemala on Wednesday sent debris crashing down onto cars, collapsed roads and killed dozens in the Central American nation, officials said.
Thursday, November 8th 2012 - 06:58 UTC
Argentine Judge orders Chevron assets seizure related to court case in Ecuador

An Argentine judge has embargoed up to 19 billion dollars in Chevron assets in connection with an environmental lawsuit by Ecuadorean villagers, a lawyer for the plaintiffs said on Wednesday.
Thursday, November 8th 2012 - 01:53 UTC
Brazil expands investmetns and builds closer economic ties in Africa

Brazilian companies are moving into Africa amid a government drive to build closer economic ties with the continent. A year ago Vale, the Brazilian mining giant, exported its first overseas coal shipment from Mozambique.
Thursday, November 8th 2012 - 01:49 UTC
Wall Street and rating agencies not pleased with the US elections results

No break for re-elected President Barack Obama. In the midst of what should be a honeymoon victory Fitch Ratings agency called on the newly appointed head of state to quickly “secure agreement on avoiding the 'fiscal cliff' and raising the debt ceiling,” to retain its “AAA” status.
Thursday, November 8th 2012 - 01:45 UTC
Majority of Puerto Rico voters, 54%, favour becoming a full US state

Voters in Puerto Rico have supported a non-binding referendum to become a full US state. The measure will require approval from the US Congress, but President Barack Obama has said he will respect the vote.
Wednesday, November 7th 2012 - 22:52 UTC
Global meat production reached 297 million tons last year, up 0.8% over 2010

Global meat production rose to 297 million tons in 2011, an increase of 0.8% over 2010 levels, and is projected to reach 302 million tons by the end of 2012, according to new research conducted by the Worldwatch Institute.
Wednesday, November 7th 2012 - 22:42 UTC
India becomes main world beef exporter in 2012, and probably 2013

While the mantle of the world largest beef exporting nation has traditionally been a three-way race between Australia, Brazil and the US, 2012 has seen India race ahead of the pack, with expectations for Indian beef exports to grow again in 2013.
Wednesday, November 7th 2012 - 22:29 UTC
Falklands’ experience helps revolutionize oil and gas industry technology

Working on experience gained from the relocation of thousands of tons of equipment from Aberdeen to the Falkland Islands for the round of exploratory drilling started in 2010 has helped a Scottish company launch a software program set to revolutionize the oil and gas industry.