Stories for January 2nd 2013
Foreign investors put more money into Spain in October than they took out, marking the second month running the country has benefited from an influx of capital. Spain registered capital inflow of 12.1 billion Euros in October, the Bank of Spain said on Friday. The figure, which excludes central bank operations, was lower than the 31 billion Euros of inflow in September.
Mercosur closely following Venezuela situation; Cristina Fernandez paid secret visit to Chavez in Cuba
Mercosur leading members Brazil and Argentina are closely following the Venezuelan situation confident there are no reasons for surprises or fears about the democratic system, while the most respected political reporter of the country Nelson Bocaranda assures that President Cristina Fernandez, CFK, paid a secret visit to Havana in December where she talked with Hugo Chavez about his true health condition.
Global stock markets have rallied after a short-term deal to stave off the US “fiscal cliff” was reached. In New York, the Dow Jones closed up 2.4%, while European shares were up about 2% for the day.