Stories for January 29th 2010

Friday, January 29th 2010 - 22:54 UTC
Around the world of music in one night, where the Latinos took front stage!

GlobalFEST, an annual world music festival held every January in New York City is a smashing night of musical discovery where artists from all over the world springboard themselves into the world music scene in New York.
Friday, January 29th 2010 - 12:01 UTC
China confirms commitment as leading economy for world recovery

China reaffirmed its economic goals of raising domestic incomes and consumption while reducing its reliance on exports and investment. For this purpose China is pursuing a “proactive fiscal policy” and “moderately easy monetary policy” said Vice Premier Li Kegiang in a speech at the World Economic Forum in Davos.
Friday, January 29th 2010 - 11:59 UTC
Bernanke reappointed but “Main Street America” is not satisfied

Ben Bernanke has been approved to serve a second four-year term as chairman of the US Federal Reserve, the country's powerful central bank. The US Senate voted 70-30 in favour of Mr Bernanke, handing him the narrowest victory margin in decades.
Friday, January 29th 2010 - 11:57 UTC
Pork better than Viagra, give it a go, recommends unabashed Cristina Kirchner

Argentine President Cristina Kirchner surprised guests at a business meeting by admitting eating pork improves sexual activity. Quite distant from her sharp lecturing style Mrs. Kirchner offered a rare non political intimate glimpse of the country’s most powerful couple life.
Friday, January 29th 2010 - 11:53 UTC
Sweet-sour conflict: EU plants to export extra 500.000 tons of sugar

The European Union plans to export an extra 500,000 tonnes of sugar because world sugar prices have soared and European beet farmers have surpluses. The European Commission says the export of extra, unsubsidised sugar will not violate international trade rules. It says the measure is temporary.
Friday, January 29th 2010 - 11:45 UTC
New species moving into Chilean waters because of climate change

“I felt a rush and a little fear when I saw it,” said Chilean surf champion Diego Medina after spotting what appeared to be a shark off the beaches of La Serena (Region IV). In reality, the creature was one of the large swordfish species that recently migrated to Chile's shores as a consequence of warming water currents.
Friday, January 29th 2010 - 09:58 UTC
Uruguay 2009 competitiveness erodes 10.2% compared to main trade partners

Uruguay’ competitiveness eroded 10.2% during the twelve months of 2009, which represents the third consecutive annual loss. The data was extracted from Uruguay’s Central Bank Real Exchange Rate index (TCR) which measures variations with the country’s main trade partners.
In 2008 TCR lost 7.4% and the previous year, 7%.
Friday, January 29th 2010 - 09:19 UTC
Brazilian company invests heavily in Uruguayan dairy industry

A major Brazilian dairy corporation, Laticinios Bom Gosto will begin to build its affiliate in Uruguay next May to produce powder milk and butter mainly for the Brazilian market.
Friday, January 29th 2010 - 09:15 UTC
“Global Statesman” Lula da Silva recovers from high blood pressure peak

Brazilian president Lula da Silva is resting at his private home after having suffered a high blood pressure peak on Wednesday which forced him to cancel his trip to the World Economic Forum in Davos where he was to be honoured with the Global Statesman Prize.
Friday, January 29th 2010 - 09:12 UTC
Argentine teamsters’ boss penchant for a five-star hotel in Punta del Este

The head of Argentina’s powerful trade union confederation (CGT), teamster Hugo Moyano strongly denied Thursday that his union had plans to purchase a hotel in the Uruguayan posh sea side resort of Punta del Este.