Stories for 2010

Thursday, January 14th 2010 - 11:56 UTC
Germany experienced during 2009 the largest ever decline in 60 years

Germany's largely export-driven economy recorded its biggest-ever decline since World War II in 2009: 5%. The country also breached the EU's deficit limit.
Thursday, January 14th 2010 - 11:54 UTC
No end on sight to US budget deficit: one trillion USD in fiscal 2010

United States registered its largest December budget deficit on record as higher unemployment reduced revenue and the government spent money to help the economy recover.
Thursday, January 14th 2010 - 09:58 UTC
Brazil’s main private bank forecasts “aggressive” policy to counter inflation

Brazil will boost interest rates to as high as 13% next year as policy makers become more “aggressive” to ensure the global economic recovery doesn’t fuel faster inflation, according to Bradesco Asset Management
Thursday, January 14th 2010 - 09:55 UTC
Uruguay with the fourth highest inflation in the region last year

Uruguay’s inflation in 2009 was on target, 5.9%, but nevertheless it was the highest in Latinamerica behind Venezuela, Jamaica and Argentina, according to data from Uruguay’s central bank. Overall the global slowdown impacted on the region with lower inflation rates.
Thursday, January 14th 2010 - 09:48 UTC
Barramundi, the Sexy Green Seafood conquering the US

There’s a new fish in town that’s heating up skillets US chefs: it was named a “Hot Culinary Trend for 2010”; The Daily Green and Fabien Cousteau call it “sexy” and the US Green Nutritionist Kate Geagan dubs it a “lean and green super-food”. Its name: Barramundi.
Thursday, January 14th 2010 - 04:53 UTC
Mrs. Kirchner resuscitates ghosts from the 2001/02 default crisis

Argentine president Cristina Fernandez de Kirchner on Wednesday again attacked the opposition and called for “reflection” from all those sectors involved in the dispute over Central Bank reserves to avoid repeating the “errors of the past”.
Thursday, January 14th 2010 - 04:51 UTC
Chilean maverick candidate will vote to impede Piñera becoming president

With only four days left for the Chilean presidential election run-off next Sunday the former independent hopeful Marco Enriquez-Ominami, MEO, publicly announced his support for incumbent candidate Eduardo Frei, although not mentioning his name once.
Thursday, January 14th 2010 - 03:05 UTC
UK economy could be crawling out of recession, according to latest data

The UK economy grew in the fourth quarter of 2009 for the first time since the summer of 2008, according to forecasts published Wednesday.
Thursday, January 14th 2010 - 03:03 UTC
Toxic red tide emergency in Punta Arenas: ban on all sea food

Chilean Health Minister Alvaro Erazo arrived this week in Punta Arenas, extreme south of the country to head an emergency meeting with local officials given the extent of the “toxic red tide” which can be lethal for humans but also threatens the whole sea-food industry along the Magellan Strait coastline.
Thursday, January 14th 2010 - 02:57 UTC
Piñera leads with a slight margin in Chile’s presidential run-off next Sunday

Chilean opposition conservative candidate Sebastián Piñera is poised to win, albeit by a slight margin, on next Sunday’s (Jan. 17) presidential run-off with the incumbent candidate former president Eduardo Frei, according to the latest public opinion poll released Wednesday in Santiago.