Stories for July 6th 2010

Tuesday, July 6th 2010 - 09:37 UTC
EU files document on ‘Argentine protectionism’ to WTO Council for Trade

European Commission officials confirmed Monday that a document on “Argentina’s protectionism” was filed to the World Trade Organization within the framework of the growing concern among several European countries about Buenos Aires position which is also seen as an obstacle for the renewed trade and cooperation talks between the EU and Mercosur.
Tuesday, July 6th 2010 - 09:32 UTC
Economist predicts slow recovery from the crisis and major shift in world power

The Secretary General for Ibero-America and former president of the Inter American Development Bank, IDB, Enrique Iglesias warned Monday that exiting the current global crisis will be “much slower than was anticipated” and will give greater emphasis to “more government and less markets”.
Tuesday, July 6th 2010 - 09:29 UTC
Brazilian development bank lending level and rates triggers controversy

Brazil’s state development bank President Luciano Coutinho rejected criticism that record lending is placing a burden on the central bank to keep inflation in check and slowing the reduction of public debt.
Tuesday, July 6th 2010 - 09:25 UTC
Human rights groups in Cuba say number of political prisoners has dropped

The number of political prisoners in Cuba has declined in the last six months, an independent human rights group said Monday.
Tuesday, July 6th 2010 - 09:20 UTC
Initiative to upgrade Chilean Antarctic Province to “Special Territory”

A group of Chilean senators from the ruling Conservative coalition presented a constitutional reform initiative that would declare as a ‘special territory’ the Chilean Antarctic Province with the purpose of protection and conservation of the zone’s biodiversity.
Tuesday, July 6th 2010 - 09:17 UTC
Automotive production and exports soar in Argentina

Automotive production rates in Argentina increased 46.6% year-on-year in June to 65,256 units, according to the ADEFA Argentina car-makers' association. The rates are promoting the domestic economy.
Tuesday, July 6th 2010 - 07:20 UTC
IMF needs to find ‘adequate balance between economics and politics’

The International Monetary Fund should find an adequate balance between economics and politics, and take advantage of its cross-country experience to deepen its engagement in the Western Hemisphere and improve the effectiveness of its economic policy advice, a group of high-level advisors recommended Monday.
Tuesday, July 6th 2010 - 07:16 UTC
NASA aerodynamics confirms Jabulani is erratic and unpredictable

Following several trials with the official ball from the South Africa World Cup, the US Aeronautics and Space Agency, NASA, confirmed the famous ‘Jabulani’, seriously criticized by players and goal beepers is “erratic and unpredictable”.