Stories for November 2010

Wednesday, November 3rd 2010 - 00:27 UTC
China offers to finance US infrastructure and help create jobs

China’s sovereign wealth fund has urged the Obama administration to spend 1trillion US dollars on infrastructure over the next five years, to create jobs and improve US competitiveness.
Wednesday, November 3rd 2010 - 00:26 UTC
Accept reforms or “we will fall off the cliff” warns Raúl Castro

Cuban President Raul Castro told unionists to accept layoffs and reforms that open the way for private enterprise as necessary for the survival of socialism.
Wednesday, November 3rd 2010 - 00:18 UTC
Austerity and tough spending cuts in Lula da Silva’s last two months

Brazil’s Lula da Silva could implement a series of austerity measures and spending cuts during the last two months of his presidential period in order to leave an easier scenario for president-elect Dilma Rousseff, reported Folha de Sao Paulo newspaper.
Wednesday, November 3rd 2010 - 00:16 UTC
UK, France sign historic defence-sharing agreement including nuclear arms

After years of political division, Europe's two biggest military powers have come together to sign a historic defence-sharing agreement.
Tuesday, November 2nd 2010 - 04:51 UTC
Some of the challenges waiting for Brazilian president-elect Dilma Rousseff

Dilma Rousseff became on Sunday Brazil’s first woman president and the first former guerrilla to reach the highest post in the country. In spite of being described by her mentor Lula da Silva as “a first class (electoral campaign) warrior and excellent manager” Ms Rousseff faces phenomenal challenges, not least the legacy of who handpicked her.
Tuesday, November 2nd 2010 - 04:44 UTC
CFK admits “incredible painful time” but will carry on with her duties

Argentine President Cristina Fernández de Kirchner spoke Monday at Government House and addressed, for the first time, the death of her husband and ex President Néstor Kirchner.
Tuesday, November 2nd 2010 - 04:41 UTC
Uruguayan exports expand 20% in value during first ten months of 2010

Uruguayan exports expanded over 20% in value during the first ten months of the year with Brazil consolidating as the country’s main trade partner, according to a report from Uruguay’s Exporters Union.
Tuesday, November 2nd 2010 - 04:40 UTC
World Bank warns of “great uncertainty” in Argentina; policy corrections needed

The death of former Argentine President Nestor Kirchner creates “great uncertainty” in South America’s second-biggest economy and a rally in stocks and bonds may have been unwarranted, the World Bank’s chief economist for Latin America said.
Tuesday, November 2nd 2010 - 04:33 UTC
Sunflower comeback in Argentina: planted area forecasted to increase 24%

The area sown with sunflower in Argentina is forecasted to increase 24% this coming 2010/11 season reaching 1.62 million hectares according to Argentina’s Sunflower Association (Asagir) and based on data from the Buenos Aires Cereals market.
Tuesday, November 2nd 2010 - 04:29 UTC
Tight squeeze for the giant new cruise ship ‘Allure of the Seas’

It was a tight squeeze for a giant new cruise ship sailing from Europe to its home port in in Fort Lauderdale, Florida, over the weekend.