Stories for January 2011

Thursday, January 6th 2011 - 11:10 UTC
As with Greece and Portugal, China comes to Spain’s rescue; 7.5 billion deals

China and Spain signed this week business deals worth 7.5 billion US dollars, a welcome boost for Spain's recession-hit economy. Visiting Vice-Premier Li Keqiang also vowed to help Europe overcome its debt crisis (and support the Euro), as he started his three-nation European tour.
Thursday, January 6th 2011 - 11:07 UTC
Barroso warns Europe of a tough “painful” year ahead

The year 2011 will be economically challenging and painful, European Commission President Jose Manuel Barroso warned this week. After two years of economic recession, Barroso expects a difficult year ahead and underlined the need for Europe to make progress on economic governance and policy coordination.
Thursday, January 6th 2011 - 11:03 UTC
Uruguay “exported” 1.414 football players in the last decade

Uruguay “exported” 1.414 football players during the last decade, (equivalent to 128 teams) to such different places as Argentina, Italy, Iraq, Russia or Romania according to a report from a local Montevideo newspaper.
Thursday, January 6th 2011 - 11:00 UTC
Super Real and imports surge behind Brazil’s smallest trade surplus in eight years

Brazil’s trade surplus fell 19.8% in 2010 to 20.28 billion USD, the smallest in eight years. Exports grew 31.4% to 201.9 billion, a new record, but imports surged 41.6% to 181.64 billion, the Ministry of Development, Industry and Commerce said this week.
Wednesday, January 5th 2011 - 09:17 UTC
The hidden risks of social media

Europol’s new iOCTA* report examines how EU citizens are risking their personal identities, privacy and computer data through the use of social media tools which are increasingly a target for cybercriminal activity.
Wednesday, January 5th 2011 - 09:09 UTC
Brazil and Chile Battle Rising Currencies

Brazil on Tuesday threatened tougher capital controls and other measures to keep its currency from rising against the dollar, a day after Chile's central bank unveiled its own $12 billion plan to buy greenbacks.
Wednesday, January 5th 2011 - 08:55 UTC
New agreement between LAN and Jetstar

Chile's LAN has announced an agreement with the Australian budget airline, Jetstar, owned by Quantas airways.
Wednesday, January 5th 2011 - 08:34 UTC
A Latin American View: Not Heard At The G-20

International economic coordination is as necessary as it is elusive. During the global financial crisis, the G-20 became the primary forum to agree on basic principles in areas such as the fiscal-policy response and the role of the International Monetary Fund.
Wednesday, January 5th 2011 - 00:30 UTC
Argentina: Installation of onboard video cameras begin

The Fisheries Secretariat of the Nation has reported that an Integrated Control System has come into force, which involves the installation of video cameras on board the Argentine fishing fleet.
Tuesday, January 4th 2011 - 18:57 UTC
Antarctica Cruise Canceled After 'Signs of Wear' Are Discovered

There's more trouble in Antarctica, but this time, the notoriously rough Drake Passage isn't to blame. Citing mechanical problems, small-ship adventure operator Abercrombie & Kent has canceled a 15-night Antarctic cruise on the 264-passenger Le Boreal that was slated to depart from Ushuaia on Tuesday.