Stories for June 2010

Friday, June 18th 2010 - 04:29 UTC
China wants higher pay for workers; spate of strikes in foreign owned companies

One of China's most influential newspapers, the official People's Daily, has called for workers' incomes to be raised. The paper says wages need to rise to protect stability and transform society.
Friday, June 18th 2010 - 00:40 UTC
Brazil and Peru sign agreements to strengthen cooperation and energy integration

Brazil and Peru signed several accords which strengthened regional integration with particular emphasis on energy. The event followed a meeting between Presidents Lula da Silva and Alan Garcia met in Manaus, state of Amazon.
Friday, June 18th 2010 - 00:37 UTC
Salmon farming in Chile greater environmental threat than estimated

Salmon farms in Chile are a worse threat to the environment than originally thought following on unexpected results from a German scientific research team studying communications among whales in the southern Pacific along Chilean Patagonia.
Friday, June 18th 2010 - 00:16 UTC
Peru plans to boost oil production to half a million barrels in five years

Peru forecasts a liquid hydrocarbons production of half a million barrels per day in five years time, said Daniel Saba head of Perupetro the country’s company that awards and supervises all oil and gas contracts.
Friday, June 18th 2010 - 00:13 UTC
Veteran politician replaces Chilean outspoken ambassador in Argentina

Adolfo Zaldívar, the president of Chile’s Independent Regional Party (PRI), is now Chile’s new ambassador to Argentina.
Friday, June 18th 2010 - 00:08 UTC
Spain’s leading bank “one of the best” in the EU, says Rodriguez Zapatero

Spanish banking giant Banco Santander SA (STD) had “one of the best” results from the stress tests conducted by the Committee of European Banking Supervisors, a spokesman for Spanish Prime Minister Jose Luis Rodriguez Zapatero said Thursday.
Friday, June 18th 2010 - 00:02 UTC
Record crop of corn in Argentina: 22.5 million tons; yield 8.5 tons per hectare

Argentina’s 2009/2010 crop of corn is estimated to reach 22.5 million tons of corn, based on better than expected yields, according to Buenos Aires Grains Chamber.
Thursday, June 17th 2010 - 22:45 UTC
Jump in US claims for jobless benefits; May consumer prices drop 0.2%

The number of US workers filing new claims for jobless benefits jumped last week after three straight declines, the Labour Department said on Thursday. First-time claims rose by 12,000 to a seasonally adjusted 472,000, the highest level in a month.
Thursday, June 17th 2010 - 22:38 UTC
Swiss parliament agrees to tax treaty with US, which saves leading bank

Swiss lawmakers approved Thursday a UBS tax treaty with the US, ending a two-year legal battle that threatened the American business of Switzerland’s largest bank. The vote removed the threat of further civil litigation against UBS and additional fallout under US criminal law.
Thursday, June 17th 2010 - 22:30 UTC
Less Europeans travelling to Chile, more Chileans visiting the old continent

The number of Chileans travelling to Europe is up sharply, thanks to the lower value of the Euro – down 9.74% between January and February of this year – which makes travel to Europe more attractive.