Stories for 2008

Thursday, March 13th 2008 - 21:00 UTC
Petrobras diversifies LNG provision; signs accord with Shell

Brazil's government managed oil corporation Petrobras and Shell have signed a liquefied natural gas (LNG) “firm” supply agreement to furnish the Pecém (Ceará) and Baía de Guanabara (Rio de Janeiro) re-gasification terminals.
Thursday, March 13th 2008 - 21:00 UTC
Oil and Euro deny the Central bankers' revival plan a chance

Oil prices which reached 110.20 US dollars a barrel and the Euro which hit a new record high of 1.55 US dollars seem to have reduced the central banks concerted effort to a mere one day good intention.
Thursday, March 13th 2008 - 21:00 UTC
Brazilian package to boost exports and prop the ailing dollar

Brazil levied a new tax on foreign capital and announced tax breaks for exporters Wednesday in an effort to slow the Brazilian Real's gains against the US dollar which has appreciated 62% against the greenback in three years.
Thursday, March 13th 2008 - 21:00 UTC
US tightens smog forming ozone pollution controls

The United States Environmental Protection Agency announced this week it was tightening the amount of smog-forming ozone that will be allowed, declaring that the air in hundreds of U.S. counties is too dirty to breathe. But the new lower level, 75 parts per billion (from 80 parts per billion), still is significantly higher than what the agency's scientific advisers had urged.
Thursday, March 13th 2008 - 21:00 UTC
Fears of overheating as Brazilian economy grows 5.4% in 2007

Brazil's economy expanded a greater-than-expected 6.2% in the fourth quarter, the fastest year-on-year quarterly expansion since June 2004, helping the overall 2007 expansion to reach 5.4%, boosted by consumer spending and business investment.
Thursday, March 13th 2008 - 21:00 UTC
Foreign investment in Chile doubles to 15 billion in 2007

The Chile Foreign Investment Committee (FIC) reported Wednesday that foreign investment in Chile almost doubled to 15 billion US dollars in 2007. Meanwhile, foreign direct investment (FDI) grew almost 94%, compared to 2006.
Thursday, March 13th 2008 - 21:00 UTC
London the best city but also the most expensive & dirtiest

London was voted the best European city to visit by international travelers in a TripAdvisor survey, despite also being voted the most expensive and dirtiest. In a poll of 1,100 travelers worldwide, London retained its place as the number one city in Europe for nightlife and was also voted the best in Europe for public parks.
Thursday, March 13th 2008 - 21:00 UTC
Fifth year running Argentine economy grows above 8%

Argentina's GDP expanded 8.7% in 2007, after having grown 9.1% in the fourth quarter, up 1.9% from the previous quarter announced Thursday in Buenos Aires the country's Statistics and Census Office, Indec.
Thursday, March 13th 2008 - 21:00 UTC
Brazil and Spain agree to a “truce” in migratory controls

Brazil and Spain have agreed to a “truce” on migration controls following a stand off between both countries regarding Brazilian and Spanish tourists.
Thursday, March 13th 2008 - 21:00 UTC
Rice visits Brazil and Chile but leaves out Argentina

United States Secretary of State Condoleezza Rice arrived in Brazil on Thursday for a two-day visit to South America which also includes Chile but leaves out Argentina in spite of the fact President Cristina Fernandez de Kirchner in her inaugural December speech promised to improve relations with Washington.