Stories for November 2010

Thursday, November 4th 2010 - 05:27 UTC
Rousseff in no hurry to name the cabinet; Lula promises “stable economy”

Brazil's President-elect Dilma Rousseff said on Wednesday she is in no hurry to name a cabinet before taking office on January 1. Her mentor President Lula da Silva promised to leave a “stable economic situation”.
Thursday, November 4th 2010 - 05:25 UTC
Obama admits voters’ frustration sends conciliatory message to Republicans

President Barack Obama said he believes US voters are feeling frustrated with the pace of economic recovery, after mid-term poll losses. The Republicans captured 60 seats to take control of the House of Representatives. The Democrats clung on to the Senate despite losing seats.
Thursday, November 4th 2010 - 05:23 UTC
Brazil warns more Fed liquidity could lead to protectionist policies

Brazil said on Wednesday it was worried by the US Federal Reserve's plan to buy billions more dollars in bonds, saying the US policy of easy money could lead countries to enact protectionist policies.
Thursday, November 4th 2010 - 05:22 UTC
Argentine congress holds special sessions in memory of ex President Kirchner

The Argentine Congress held Wednesday evening special sessions in memory of former deputy, Justicialist Party leader, and Union of South American Nations Secretary-General, Néstor Kirchner.
Thursday, November 4th 2010 - 02:09 UTC
Colombia takes measures to stem appreciation of the local currency

Colombia’s government and central bank announced new measures to stem a rally in the peso after President Juan Manuel Santos expressed concern its appreciation is hurting exporters and job growth.
Thursday, November 4th 2010 - 02:08 UTC
China set to grow 10% this year, but risks of property bubble warns World Bank

The World Bank has raised its growth forecasts for the Chinese economy. However the bank warns of risks from the surging property market and bank lending.
Wednesday, November 3rd 2010 - 23:55 UTC
Peruvian ruling party nominates woman candidate for presidential election

Peru’s former Finance Minister Mercedes Araoz said she will run for president next year as a candidate for President Alan Garcia’s Apra party. The independent candidate was proclaimed this week as presidential candidate by Apra’s Executive Committee and thus joins the growing rank of women presidents and candidates in the region.
Wednesday, November 3rd 2010 - 23:50 UTC
More than 25 million gays live in Latin America and spend billions travelling

There is a largely untapped lesbian, gay, bisexual and transgender (LGBT) market in Latin America, according to a recent survey.
Wednesday, November 3rd 2010 - 23:46 UTC
Gay-friendly Buenos Aires experiences massive inflow of homosexual tourism

Argentina expects an important inflow of gay tourists this coming season, more specifically the capital Buenos Aires following pioneering legislation making marriage among same sex people legal.
Wednesday, November 3rd 2010 - 23:41 UTC
Chavez nationalization addiction intensifies: steel, glass, real estate developers

Venezuelan President Hugo Chavez announced the nationalization of steelmaker Sidetur and of several real estate developers that failed to complete housing projects.