Stories for November 2010

Friday, November 5th 2010 - 23:47 UTC
Unasur presidential summit in Guyana November 26

Colombia, Brazil, Paraguay and Uruguay have still to ratify the founding charter and constitution of the Union of South American Nations, Unasur, which needs an additional vote to become legally effective.
Friday, November 5th 2010 - 22:58 UTC
China opens beef market to Argentina; farmers warn lack of sufficient cattle

China will open its market to Argentine beef consolidating the end of a conflict that started earlier this year when Beijing decided to suspend “on sanitary reasons” the import of soy-oil from Argentina, a ban that was only lifted last month.
Friday, November 5th 2010 - 22:41 UTC
Australia and India increase interest rates amid fears of rising inflation

Australia and India have both raised interest rates by a quarter percentage point amid fears of rising inflation. The central bank of Australia put up rates from 4.5% to 4.75%, surprising markets with the first rise since May.
Friday, November 5th 2010 - 22:38 UTC
Argentina unemployment drops to 7.6% in third quarter from 9.1% a year ago

Argentina's unemployment rate fell to 7.6% in the third quarter of this year from 9.1% percent in the same period of 2009 as the economy rebounded, President Cristina Fernandez said on Friday.
Friday, November 5th 2010 - 03:25 UTC
Paraguay could have the world’s largest titanium reserve

The US explorer who discovered the world’s biggest copper deposit in Chile has staked a claim in Paraguay to what he says may be the largest titanium find, according to a report from Bloomberg.
Friday, November 5th 2010 - 03:11 UTC
Plans filed for US$100 million wind farm in Southern Chile

The Bosques de Chile firm this week filed paper work with environmental authorities for authorization to proceed with a US$100 million wind farm investment off the coast of Chiloé Island near Dalcahue.
Friday, November 5th 2010 - 03:07 UTC
(Retired) torturers of former guerrilla Dilma Rousseff face investigation

Sao Paulo’s Federal Prosecution has opened a process to determine the alleged responsibility of four retired military personnel accused of involvement in six killings and torturing 20 people among which president-elect Dilma Rousseff.
Friday, November 5th 2010 - 02:33 UTC
Lula da Silva organizes a smooth transition for president-elect Rousseff

Brazil's President Lula da Silva asked his cabinet to do everything possible to help president-elect Dilma Rousseff transition smoothly into power.
Friday, November 5th 2010 - 02:21 UTC
Brazil surpasses US as second-largest consumer of Chilean salmon

Growing at a rate of 7 to 8% annually, Brazil's booming economy is becoming an important market for key Chilean exports.
Friday, November 5th 2010 - 02:14 UTC
Euro-zone keeps rate on hold and hints of further removal of emergency stimulus

In a move that runs counter to the United States' Fed 600-billion-US-dollar liquidity injection to stimulate the economy the European Central Bank on Thursday kept its benchmark interest rate steady at 1%. This was the eighteenth consecutive month that ECB has frozen its main interest rate.