Stories for February 2010

Tuesday, February 2nd 2010 - 12:51 UTC
Argentina expects “flood of dollars” and lower rates by next March

Argentina's currency may weaken against the US dollar in the next few weeks, but by March there will be a “flood of dollars” into the local economy, Economy Minister Amado Boudou was quoted in an interview in the Sunday edition of La Nacion.
Tuesday, February 2nd 2010 - 12:41 UTC
Outgoing presidents Bachelet and Lula da Silva with record support

Two outgoing South American presidents have reached record popularity according to the latest January public opinion polls. They are Michelle Bachelet from Chile and Brazil’s Lula da Silva, both with plus eighty percentages.
Tuesday, February 2nd 2010 - 04:50 UTC
Obama budget proposal has record deficit of almost 11% of GDP

United States President Obama's new budget proposal is set to leave the US with a record-breaking deficit of 1.56 trillion US dollars. The figure is almost 11% of the country’s GDP. Economists generally consider annual deficits of more than 3% to be unsustainable.
Tuesday, February 2nd 2010 - 04:44 UTC
FAO forensic techniques to improve seafood safety for consumers

An unknown percentage of the fish we eat isn't what's it's purported to be and could have fatal consequences. FAO explores how forensic techniques could help address the problem.
Tuesday, February 2nd 2010 - 04:41 UTC
Brazilian congress willing to approve reformed power accord with Paraguay

In the Brazilian congress there’s a positive attitude towards the consideration and approval of the terms agreed between presidents Lula da Silva and Fernando Lugo to improve price and conditions for the Paraguayan power generated in the Itaipú dam and purchased by Brazil.
Tuesday, February 2nd 2010 - 04:34 UTC
Shell and Brazilian company join to create giant ethanol producer and distributor

Brazil's Cosan, the world's largest ethanol and sugar processor, said announced Monday it signed an agreement to merge its ethanol and fuels distribution business in the country with Royal Dutch Shell in a deal valued as much as 12 billion US dollars.
Tuesday, February 2nd 2010 - 04:33 UTC
When Gibraltar was to be swapped for Spanish Ceuta

Just under 100 years ago and as the world was still embroiled in the horrors of WWI, Great Britain was considering a deal with Spain and France that would allow it to swap Gibraltar for Ceuta (Spanish territory in the north of Africa).
Tuesday, February 2nd 2010 - 04:20 UTC
Colombian president Uribe remains opinion polls favourite for May 30 election

Colombian president Alvaro Uribe continues to lead vote intention polls for next May presidential elections if the Constitutional Court finally authorizes a referendum on a second consecutive re-election of the popular leader.
Tuesday, February 2nd 2010 - 03:53 UTC
Falklands plan to reduce seabird deaths caused by trawl fishery

A FOUR year action plan to reduce seabird mortality caused by trawl fishing around the Falklands was passed by the Islands Executive Councilors this week.
Monday, February 1st 2010 - 14:05 UTC
With Redrado out of the way, Cobos is the next Kirchners’ target

The institutional crisis facing Argentina remains open in spite of the resignation of the Central Bank president Martin Perez Redrado and is centred on whether the Executive can put its hands on the international reserves to pay sovereign debt.