Stories for September 6th 2008

Saturday, September 6th 2008 - 21:00 UTC
Brazil's inflation easing but Central Bank not convinced

Brazil's consumer prices index in August increased at its slowest pace in 11 months, 0.28% following on a significant drop in food prices according to the latest release from the Brazilian Geography and Statistics Institute, IBGE.
Saturday, September 6th 2008 - 21:00 UTC
Oil down 40 dollars from its record price of 147 a barrel

Oil prices have dipped below 106 US dollars as traders predicted that rising US unemployment would lead to consumers cutting back on petrol use. US light, sweet crude fell as low as $105.16 a barrel before recovering to settle down $1.66 at $106.23. Brent crude dropped $2.21 to $104.09.
Saturday, September 6th 2008 - 21:00 UTC
Rich countries slowdown threatens emerging economies

While developing countries' economies are forecasted to expand by 6% this year that growth could potentially be checked by the slowdown in wealthier nations, according to a new report by the United Nations Conference on Trade and Development (UNCTAD).
Saturday, September 6th 2008 - 21:00 UTC
Protesters paralyze Bolivian highways, airport

Protesters stormed a small airport Friday and blocked major highways across eastern Bolivia in a standoff over central government reforms designed to empower Bolivia's indigenous majority.
Saturday, September 6th 2008 - 21:00 UTC
Argentine president travels to reaffirm Brazilian alliance

Argentine president Cristina Fernandez de Kirchner arrives Saturday in Brazil to consolidate the strategic integration alliance and hopefully return with investments and impregnated with the dynamic spirit of Latinamerica's largest economy.
Saturday, September 6th 2008 - 21:00 UTC
Chavez nationalizes domestic fuel wholesalers

President Hugo Chavez got the legislative rubber stamp Thursday he needs to complete his effective nationalization of Venezuela's fuel industry.
Saturday, September 6th 2008 - 21:00 UTC
Ingrid Betancourt named Woman of the Year

Colombia's former presidential candidate Ingrid Betancourt who was rescued in July from the captivity of the country's leftist rebels has been named the Woman of the Year by the World Awards Association (WAA)the EFE news agency reported Saturday.
Saturday, September 6th 2008 - 21:00 UTC
US, China and Europe: different instruments, different realities

On September 1 and 2, world bankers, economists and finance academics participated in an event hosted by the Argentine Central Bank, “Financial Turbulences. Impact on Developed and emerging economies”
Saturday, September 6th 2008 - 21:00 UTC
HMS Liverpool bids Falkland Islands farewell

HMS Liverpool was the centre of a 'Falklands flotilla' capability demonstration last week, shortly before she leaves the Falklands and returns to the Northern hemisphere and eventually back to the UK via South Africa.