MercoPress. South Atlantic News Agency
Stories for November 11th 2010
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Thursday, November 11th 2010 - 11:41 UTC
Transition processes in Argentina and Brazil seen from Washington
The Washington Post in one of this week’s editorials referred to the ‘transition process’ going on in South America’s two largest economies, Argentina and Brazil, after almost a decade of populist leadership.
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Thursday, November 11th 2010 - 06:16 UTC
“The dollar strength rests on the fundamental strength of the US economy”
Following is a text of a letter from President Barack Obama to G20 leaders due to meet in Seoul from tomorrow. The letter was sent on Tuesday.
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Thursday, November 11th 2010 - 06:15 UTC
Obama arrives in Seoul but a G-20 summit consensus still out of reach
President Barack Obama tried to swing the G20 spotlight back onto global imbalances and take his own country's policies out of the glare as world leaders gathered in Seoul.
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Thursday, November 11th 2010 - 06:07 UTC
India set to become second largest copper consumer by 2020
COCHILCO, Chile’s copper commission, estimates that by the end of this decade, India’s demand for copper will rise from the current figure of 610,000 tons to between 2.4 million and 3.6 million tons annually.
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Thursday, November 11th 2010 - 01:09 UTC
Uruguayan officials with different visions how to address risk of “asset bubbles”
As in most of the rest of the world, conflicting visions of the latest global monetary events and its impact on emerging economies have surfaced among Uruguay’s top officials responsible for the running of the economy and finances.
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Thursday, November 11th 2010 - 00:17 UTC
Stranded cruise towed to San Diego; Navy choppers supply food to 4.500 pax
Cruise ship “Carnival Splendour” carrying 4,500 passengers and crew members is being slowly towed towards San Diego, California after an engine room fire disabled its ability to move on its own.
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Thursday, November 11th 2010 - 00:16 UTC
Brazilian “competitive devaluation” risk for Uruguay’s exports
A leading Uruguayan economist warned Wednesday about the risks of being highly dependent on Brazil for foreign trade, particularly since the Uruguayan economy could “be trapped in a competitive edge island”.
