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Stories for December 4th 2009

• Friday, December 4th 2009 - 09:21 UTC

  China attacks water pollution and plans massive investments

  

  China will invest 13 billion US dollars in the next three years in projects to improve the quality of water faced with serious contamination problems, reported “China Daily”. Most of the money will go to sewage systems, water purifying and rainwater harvesting according to Deputy Environment minister Wu Xiaoqing.

• Friday, December 4th 2009 - 08:11 UTC

  Krugman praise and warnings about Brazilian economy excessive optimism

  

  Brazil has had a better performance than other countries during the current financial slowdown but it has become necessary “to closely follow so much optimism”, said Economics Nobel Prize Paul Krugman during a conference in Sao Paulo.

• Friday, December 4th 2009 - 08:07 UTC

  Bolivian electorate loves President Morales but Senate is in doubt

  

  Bolivian president Evo Morales is expected to be easily re-elected on Sunday but is desperately fighting to ensure a two thirds majority in the Senate which would enable him to pass a hundred bills to continue with the political and economic reforms he has pending from his first mandate.

• Friday, December 4th 2009 - 08:04 UTC

  Iran trebled trade with Latinamerica in 2008 reaching 2.9 billion USD

  

  Iran has trebled trade with Latinamerica and Argentina has become its second partner in the region (replacing Mexico) according to Latin Business Chronicle based on data form the International Monetary Fund.