Wednesday, September 7th 2011 - 04:35 UTC

Spain’s conservative opposition extends lead over Socialists to 15 points

Conservative Mariano Rajoy most probably the next Spanish PM

Spain’s conservative opposition People’s Party (PP) has extended its lead over the ruling Socialists and is on course to win a parliamentary majority in the November 20 elections, according to an opinion poll on Sunday.

Wednesday, September 7th 2011 - 04:03 UTC

Cambridge, Harvard best world universities; US and UK monopolize top rankings

The University of Sao Paulo in position 169 was the best ranked in Latin America

Cambridge has retained its premier status in the QS World University Rankings, beating Harvard for a second year, as UK and US institutions again took the top 10 spots. Latin America figured badly with only six ranked in the 300 universities reviewed, the best in position 169.

Tuesday, September 6th 2011 - 22:12 UTC

Emirates airline to open daily non-stop service Bangkok/Rio do Janeiro/Buenos Aires

Sheikh Ahmed bin Saeed Al-Maktoum, Chairman and CEO of Emirates Airline & Group.

Two of South America’s most iconic cities will soon have a faster link to Bangkok when Emirates commences its daily non-stop service to Rio de Janeiro and extension to Buenos Aires from 3rd January 2012.

Tuesday, September 6th 2011 - 20:11 UTC

UN warn austerity measures and deficit cuts is pushing the world towards disaster

UNCTAD Secretary General Supachai Panitchpakdi Supachai, a former head of the World Trade Organization said current plans are “inept and misconceived”

The pursuit of austerity measures and deficit cuts is pushing the world economy towards disaster in a misguided attempt to please global financial markets, the annual report of the United Nations economic think-tank UNCTAD said on Tuesday.

Tuesday, September 6th 2011 - 20:08 UTC

Swiss central bank puts a cap to the Franc to combat massive overvaluation

The Swiss central bank will buy all Euros if the exchange rate drops below 1.20 Euros

The Swiss central bank announced Tuesday a ceiling on the currency by setting an exchange rate minimum against the Euro. The Swiss National Bank (SNB) boldest move states that the exchange rate between the Swiss franc and the Euro must not drop below 1.20 Euros. And if it does, the Swiss bank is prepared to enforce the minimum by selling francs and buying up euros “in unlimited quantities.”

Tuesday, September 6th 2011 - 16:37 UTC

International Literacy Day: 793 million adults can neither read nor write

This year’s International Literacy Day, celebrated world-wide on 8 September, will focus on the link between literacy and peace.

Tuesday, September 6th 2011 - 06:31 UTC

A China/Mercosur trade agreement would be “something extraordinary”

Minister Timerman begins this week a political and business official visit to Beijing and Shanghai

A free trade agreement, (FTA), between China and Mercosur could be “something extraordinary”, said Argentine Foreign Affairs minister Hector Timerman who next Thursday begins a political and business mission in Beijing.

Tuesday, September 6th 2011 - 06:28 UTC

European markets plunge on renewed Euro fears and lack of confidence

German voters reacted against Chancellor Merkel in her home state

World shares fell Tuesday morning and the Euro came under pressure following a huge sell-off in Europe as renewed Euro zone debt woes added to already weak confidence in the global economy.

Tuesday, September 6th 2011 - 03:05 UTC

Argentina’s future closely knit as supplier to China’s growing middle class

Asian and trade affairs expert Jorge Malena: a 500 million middle class in China by 2025

The growing Chinese middle class which could reach 500 million people by 2025 will be the great locomotive for commodities demand in the coming decades benefiting countries such as Argentina according to an Asian affairs and trade expert.

Tuesday, September 6th 2011 - 00:49 UTC

World safer than in aftermath of 9/11, say EU and NATO officials

EU counter-terrorism coordinator Gilles de Kerchove, “the main finding is the real failure of the Al-Qaeda project”  (Photo AP)

The world is safer today than in the aftermath of the September 11 attacks on the United States, with global terror groups weaker than 10 years ago, senior EU and NATO officials said Monday.


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