Stories for June 2008

Friday, June 6th 2008 - 21:00 UTC
Embraer sells Super Tucano to US defense service company

Brazilian aircraft manufacturer Embraer confirmed on Friday it had sold a propeller-driven fighter plane to a unit of Blackwater Worldwide, the world's largest private defense services company, and said it would not be used for operations in Iraq.
Friday, June 6th 2008 - 21:00 UTC
Argentina's growth rate lowered to 5,5% and 2% in 08 and 09

London based Barclays Capital lowered its 2008 and 2009 growth forecast for Argentina following on increasing concerns about accelerating inflation, striking farmers blocking exports and slowing investment.
Thursday, June 5th 2008 - 21:00 UTC
Madonna show next December in Buenos Aires and Chile

Madonna is coming to Argentina and Chile sometime in December according to reports in the Argentine edition of the Rolling Stones magazine, quoting sources from the record industry in Buenos Aires.
Thursday, June 5th 2008 - 21:00 UTC
Argentina has largest wine production in Southern hemisphere

Argentina will have a record production of wine for the Southern hemisphere in 2008, totaling 15.25 million hectoliters, compared to the 15.046 of last year according to the latest report from the Paris seated International Organization of Vines and Wine, OIV.
Thursday, June 5th 2008 - 21:00 UTC
Fishermen clash with police in Brussels over fuel prices

Police clashed Wednesday with hundreds of fishermen protesting against the high cost of fuel outside the headquarters of the European Union in Brussels reported BBC.
Thursday, June 5th 2008 - 21:00 UTC
Argentina: suitcase stashed with money case resurfaces

Two Venezuelan citizens linked to the frustrated attempt to illegally introduce a suitcase with 800.000 US dollars to Argentina have an international Interpol arrest warrant following on a request from the Argentine judge who has the case.
Thursday, June 5th 2008 - 21:00 UTC
US dollar dips in Chile but “should rebound” to 500 pesos

The US dollar in the Chilean money market fell back to 480 pesos on Thursday after having reached 490 on Wednesday following on several days of gradual recovery.
Thursday, June 5th 2008 - 21:00 UTC
Euro interest rates unchanged;increase “possible” next time

The European Central Bank (ECB) left interest rates for the Euro zone unchanged at 4% but admitted an increase was “possible” at its next meeting because risks to price stability over the medium term have further increased.
Thursday, June 5th 2008 - 21:00 UTC
In spite of slowdown UK interest rate left on hold at 5%

The Bank of England Monetary Policy Committee, MPC, decided Thursday to hold interest rate at 5%. The decision had been widely expected amid concerns about the pace of inflation.
Thursday, June 5th 2008 - 21:00 UTC
With Argentina blocked, Brazil has record soy exports

Brazilian soybean exports reached a record 4.44 million tons in May, up from the 3.34 million in April and 3.15 million in May 2007, as farmer protests cut shipments from Argentina, according to grain and oilseed traders.