Stories for 2013
Maduro takes office as first ‘Chavista’ president; in massive parade military swear allegiance
When the last tanks rumbled past and the massive civil-military parade with display of state of the art missile launchers had come to an end in early Friday night of Caracas, Venezuelan president Nicolas Maduro could sigh in relief because his last twenty four hours had been really hectic.
IMF again warns Argentina: new inflation index “is not enough”
Argentina's new inflation measure is not enough to overcome the International Monetary Fund's censure of the country for inadequate data, an IMF official said Friday.
Brazil planning a 10% tax on revenue from nuclear power operations
Brazil’s electricity producing nuclear plants, under the umbrella of Eletronuclear may face a 10% tax on revenue from its nuclear power operations as the country prepares to expand arrangements that target profits from oil and gas and its distribution among local governments.
Embraer-Augusta Westland project to build helicopters in Brazil falls through
Brazilian plane maker Embraer SA said on Friday that it ended talks with AgustaWestland, a subsidiary of Italy's Finmeccanica, without reaching an agreement to form a joint venture.
Italy’s centre-left Bersani resigns after party rebels and inflicts humiliating defeats
Italy’s centre-left leader Pier Luigi Bersani announced his resignation after party rebels sabotaged two separate candidates he had backed for state president, deepening the country’s political stalemate.
New strain of bird flu has capacity to mutate rapidly; could become transmissible among humans
The new strain of bird flu that has killed 17 people in China has been circulating widely “under the radar” and has acquired significant genetic diversity that makes it more of a threat, warned scientists.
Brazil slams US and Europe for delaying promised reforms in the IMF
Brazil’s Finance Minister Guido Mantega slammed the United States and Europe for repeatedly delaying reforms of their dominated shareholding and voting power in the International Monetary Fund (IMF).
With the support of Unasur and a vote-audit promise, Maduro takes the oath of office
President-elect Nicolas Maduro was set to be inaugurated in Venezuela Friday as election officials moved to defuse a political crisis by yielding to demands for an audit of the electronic votes of the results in Sunday's bitterly contested elections.
Electoral council extends auditing to all Sunday votes; Capriles accepts
Venezuela’s National Electoral Council, CNE said on Thursday it would audit votes cast in weekend presidential elections after an opposition challenge to the victory accorded to President-elect Nicolas Maduro.
Falkland Islands Holdings expects a quantum leap in the local economy over the next decade
Falkland Islands Holdings, which owns the Falkland Islands Company, FIC, expects to report a slight fall in annual profits but anticipates a quantum leap in the Falklands’ economy over the next decade with the oil industry and the commencement in 2014 of the Sea Lion project.
