Wednesday, March 9th 2011 - 04:40 UTC

EC tries to downplay impact for farmers of an EU/Mercosur trade agreement

European Commission trade spokesperson, John Clancy

A trade agreement with Mercosur should not have to destroy the European beef industry, said on Tuesday a spokesperson for the European Community who added that such fears are ‘exaggerated’.

Wednesday, March 9th 2011 - 01:39 UTC

European Parliament highly critical of EU/Mercosur trade talks

“Stop making concessions to the behest of European agriculture” said the Euro chamber

The European Parliament passed a highly critical report on trade negotiations between the EU and the Mercosur bloc for considering that they may imply “farming concessions damaging to European producers.”

Wednesday, March 9th 2011 - 01:36 UTC

IMF nominates Egyptian national Deputy Managing Director

Nemat Shafik, currently Permanent Secretary of the U.K. Department for International Development

Ms. Nemat Shafik, a national of Egypt and the UK has been nominated to the position of Deputy Managing Director of the International Monetary Fund. She will succeed Mr. Murilo Portugal, who resigned effective March 4, 2011.

Wednesday, March 9th 2011 - 01:19 UTC

Sino-American and trade expert nominated US ambassador in Beijing

Commerce Secretary Gary Locke’s father ran a grocery store in the state of Washington

President Barack Obama will nominate Commerce Secretary Gary Locke, who this year criticized China for not opening its markets, as next US ambassador to Beijing, two administration officials said.

Wednesday, March 9th 2011 - 01:08 UTC

Piñera presented with “Star of Palestine” honour; avoids pre-1967 borders controversy

The Chilean president met Israeli PM Netanyahu and Abbas in Ramallah

Chile’s President Sebastian Piñera visited both sides of the hotly contested Israeli- Palestine border this weekend. He reasserted his support for an independent Palestinian state, but fell short of formally recognizing the pre-1967 borders.

Wednesday, March 9th 2011 - 00:59 UTC

Half the world consider Brazil has a positive influence on global affairs, says BBC poll

The jump in positive views follows the successful transition from President Lula da Silva to Dilma Rousseff, Brazil's first female president

The number of people who see Brazil as having a positive influence in the world is rising rapidly, according to a BBC World Service poll of 27 countries. The country is regarded positively by 49%, compared with 40% last year - the largest jump by any of the 16 nations respondents are asked to comment on.

Tuesday, March 8th 2011 - 22:39 UTC

China admits “labour surplus” of 32 million, 14 million of which college graduates

The revelation was done by Human Resources and Social Security minister Yin Weimin

China, normally contrary to releasing unemployment figures, has admitted to having a “labour surplus” of 32 million workers, according to Human Resources and Social Security minister Yin Weimin.

Tuesday, March 8th 2011 - 04:58 UTC

Refuge crisis in Libya: over a million people fleeing says UN

Valerie Amos, head officer for UN Coordination of Humanitarian Affairs

More than one million people fleeing Libya and inside the country need humanitarian aid, the United Nations said on Monday. The figures were issued by the world body's aid coordinator Valerie Amos as a refugee crisis built up around the borders of the North African country where a rebellion broke out last month against the 42-year rule of Muammar Gaddafi.

Tuesday, March 8th 2011 - 00:08 UTC

Irish farmers occupy EU offices in Dublin to protest trade talks with Mercosur

John Bryan, president of the Irish Farmers' Association

Irish farmers occupied Monday afternoon the offices of the European Commission in Dublin, over fears of a multibillion-Euro threat to the livestock industry from Mercosur.

Monday, March 7th 2011 - 06:46 UTC

Unemployment increased in Chile during Oct-Dec, stands at 7.3%

The region of Valparaiso has the highest jobless rate at 9.2%

Unemployment across Chile grew 0.2% in the last quarter (Oct-Dec) to stand at 7.3% nationally. That equates to 22,000 extra people who are without an income from the end of last year.


Get Email News Reports!

Get our news right on your inbox.
Subscribe Now!