MercoPress. South Atlantic News Agency
Stories for January 20th 2009
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Tuesday, January 20th 2009 - 20:00 UTC
Uruguay meat exports down 33% during January
Uruguayan meat export revenue in the first half of January totalled 17 million US dollars, down 33% from the same period a year ago, according to the latest report from the country's Meat Board, INAC.
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Tuesday, January 20th 2009 - 20:00 UTC
Corporate cuts cost Brazil 70.000 jobs and 27.8 billion USD
Brazil is estimated to have lost the equivalent of 27.8 billion US dollars in investments from domestic and international corporations as a direct consequence of the global recession, according to press reports from Sao Paulo.
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Tuesday, January 20th 2009 - 20:00 UTC
British banking sector suffers devastating share losses
The bloodbath in the British banking sector continued apace on Tuesday as Lloyds Banking Group joined Royal Bank of Scotland in suffering further devastating share losses.
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Tuesday, January 20th 2009 - 20:00 UTC
Fiat and Chrysler team up to face global car sector purge
Italian carmaker Fiat and US giant Chrysler have agreed to create a global strategic alliance, the companies said in a statement. Under the terms of the deal, Fiat will get a 35% stake in Chrysler. In return, the US firm will get access to Fiat's fuel-efficient vehicle technologies.It is hoped the agreement will lead to “substantial” savings for Chrysler.
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Tuesday, January 20th 2009 - 20:00 UTC
Record December inflation fall opens the way for deflation
United Kingdom deflation fears were heightened after official figures released on Tuesday showed the annual rate of inflation fell at its fastest pace in December since the recession of the early 1990s.
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Tuesday, January 20th 2009 - 20:00 UTC
“A great day for relations with Latinamerica”
With President Barack Obama's administration a “new chapter opens and a new relation with Latinamerica begins” said on Tuesday US ambassador in Argentina Anthony Wayne during a conference in Buenos Aires.
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Tuesday, January 20th 2009 - 20:00 UTC
What the world wants of Barak Obama
When Barack Obama is sworn in as the 44th president of the United States, the wish list that has been building abroad may have grown longer than he or anyone else can deliver.
