Stories for October 2010

Friday, October 22nd 2010 - 03:23 UTC
Brazil rejects any idea of NATO interfering in the South Atlantic

Brazil rejects any interference of the North Atlantic Treaty Organization, NATO, in the South Atlantic or any idea of a similar organization at South Atlantic level, reports “O Estado de Sao Paulo”.
Friday, October 22nd 2010 - 03:20 UTC
Uruguayan parliament expected to approve Unasur protocol before 2011

Uruguay’s Foreign Affairs minister Luis Almagro trusts parliament will ratify before the end of the year the Union of South American Nations, Unasur, protocol thus formally incorporating to the regional political and defence group. Uruguay’s legislative opposition does not support incorporation to Unasur.
Friday, October 22nd 2010 - 03:16 UTC
Brazil set to grow 7.5% this year and 5.9% in 2011; inflation 5.1% and 5%

Brazil’s GDP may grow 7.5% this year, up from a previous estimate of 7%, the Finance Ministry said in a report published on its website Thursday. The ministry also raised its forecast for average growth between 2010 and 2014 to 5.9%, from 5.7%.
Friday, October 22nd 2010 - 03:07 UTC
Geithner promises Brazil it won’t allow the US dollar to weaken

US Treasury Secretary Timothy Geithner told Brazil’s Finance Minister Guido Mantega that the Obama administration won’t allow the US dollar to weaken, Mantega said.
Friday, October 22nd 2010 - 03:03 UTC
Business and government officials meet in China to promote Latam/Asia trade

A thousand government officials and business executives from Latin America and the Caribbean, China, Japan and Korea participated Thursday in the opening session of the China-Latin American Caribbean Business Forum with high-ranking Chinese authorities and Inter-American Development Bank (IDB) executives.
Friday, October 22nd 2010 - 02:58 UTC
Morales says Bolivia will produce 30% of world’s lithium carbonate demand

President Evo Morales said on Thursday that Bolivia does not need foreign investors to develop an ambitious lithium carbonate project by 2014.
Friday, October 22nd 2010 - 02:51 UTC
Brazil predicted to displace Italy as seventh world economy in 2011

The Economist Intelligence Unit is predicting that in 2011 Brazil would move ahead of Italy into seventh place in the ranking of the largest world economies with a GDP of 2 trillion US dollars.
Friday, October 22nd 2010 - 02:40 UTC
Sea levels around Falklands have risen since mid XIX century, says NOC

Sea levels around the Falkland Islands in the South Atlantic have risen since the mid nineteenth century and the rate of sea-level rise has accelerated over recent decades, according to newly published research. The findings are as expected under global warming and consistent with observations elsewhere around the globe.
Friday, October 22nd 2010 - 02:34 UTC
Brazil keeps benchmark interest rate at 10.75% in spite of inflation peak

Brazil’s central bank kept its benchmark overnight rate unchanged Wednesday as policy makers gauge whether a peak in inflation is temporary. The policy committee, led by bank President Henrique Meirelles in a unanimous decision, left the rate at 10.75% for a second straight meeting.
Friday, October 22nd 2010 - 02:28 UTC
Sakharov Prize for Freedom of Thought to Cuban dissident Guillermo Fariñas

The European parliament has honoured prominent Cuban dissident Guillermo Fariñas, awarding him the prestigious Sakharov Prize for Freedom of Thought. The 48-year-old journalist has been honoured for his services to advancing human rights in Cuba.