Stories for July 2010

Monday, July 12th 2010 - 03:52 UTC
Argentina and Venezuela with highest (and climbing) inflation in South America

While most of South America is undergoing a deceleration of consumer prices Argentina and Venezuela are the only countries to experience a significant increase in inflation, making it one of the main concerns or public opinion.
Monday, July 12th 2010 - 03:48 UTC
Chinese trade “has recovered to pre-crisis levels” affirms Beijing

China’s trade surplus widened to the highest this year and exports climbed more than estimated to a record in June, adding pressure on the government to let the currency gain after the U.S. said the Yuan “remains undervalued.”
Monday, July 12th 2010 - 03:41 UTC
Record import of soy beans by China during June

Soy-bean imports by China, the biggest buyer, jumped to a record in June after a halt to Argentine soy oil shipments and increasing feed consumption boosted demand from crushers, according to Bloomberg.
Monday, July 12th 2010 - 03:04 UTC
Mrs. Kirchner in China to try and reopen the soy-oil market

Argentine president Cristina Fernández de Kirchner arrived Sunday in Beijing with a delegation of 70 businessmen and an agenda concentrated on trade issues including one which is fundamental for Argentina, the resumption of soy-oil sales to China which have been banned for several months.
Monday, July 12th 2010 - 02:48 UTC
Uruguay’s Diego Forlan, South Africa World’s Cup top individual player

Diego Forlan thumped his right boot against the advertising hoarding in Suwon. The 23-year-old striker's frustration was understandable. He had just spurned a glorious chance to score for Uruguay against Senegal. It was ultimately one that cost his country a 4-3 victory and a place in the Round of 16 of the 2002 FIFA World Cup Korea/Japan.
Saturday, July 10th 2010 - 07:57 UTC
Brazil launches logo, song and campaign to promote 2014 World Cup

Brazilian President Lula launched “Brazil is Calling You” campaign in Johannesburg, following South Africa officially handing over the keys to Brazil as the next host nation of the FIFA World Cup.
Saturday, July 10th 2010 - 07:53 UTC
African party backfires for Lula da Silva who anticipates return to Brazil

Brazilian president Lula da Silva confirmed Friday he will not be present at the South Africa World Cup final on Sunday because he has urgent work in the northeast of the country ravaged by floods that has left tens dead and thousands homeless.
Saturday, July 10th 2010 - 07:41 UTC
US no longer world’s great consumer; needs to target sustainable debt, says IMF

The US economy is recovering after the global economic crisis, but consumers and financial institutions remain cautious as weak housing markets, high unemployment, and risks in Europe remain a concern, the IMF staff said in a press conference that followed its annual review of the world’s largest economy.
Saturday, July 10th 2010 - 07:35 UTC
Rescued-hostage Ingrid Betancourt has sued Colombia for 6.8 million USD

Colombian-French politician Ingrid Betancourt, who spent six years as a rebel hostage before being rescued, has sued the Colombian state over her kidnapping, sparking outrage from the government that freed her.
Saturday, July 10th 2010 - 07:27 UTC
Chile’s Hospitals Anticipate Wave of Respiratory Infections

Hospitals throughout Chile are converting many of their operating rooms into centres for acute respiratory infections, in an effort to cope with the expected dramatic increase of flu-related problems caused by the recent cold weather and storms.