Stories for February 12th 2011

Saturday, February 12th 2011 - 12:44 UTC
Unilateral Fact II

Mr. Andres Cisneros’s reply to the article “Unilateral Facts” by Dr. Graham Pascoe and myself last Sunday in the BA Herald, (Jan 21st and Feb 6th in MP), does not answer our points adequately. Our article was specifically about Argentina’s hypocrisy in using UN Resolution 31/49 to criticise Britain’s acts as “unilateral”. Instead he launches a general anti-British diatribe, and makes a number of errors. The worst are as follows.
Saturday, February 12th 2011 - 08:12 UTC
“Limits must be imposed” on Latinamerican presidential successive re-election

The Organization of American States, (OAS), Secretary General Jose Miguel Insulza said that democracy must impose limits on Latin America’s presidential successive re-election tendency.
Saturday, February 12th 2011 - 08:08 UTC
IMF calls for fiscal austerity in South America but admits “dilemmas”

IMF warned inflation is threatening South America but also admitted countries had a dilemma since increasing interest rates could further worsen the appreciation of local currencies vis-à-vis the US dollar.
Saturday, February 12th 2011 - 08:02 UTC
India, Brazil, Germany, Japan demand Security Council reform this year

Four regional powers hoping to get permanent seats on the Security Council — India, Germany, Brazil and Japan — said Friday they believe the U.N. will take action by September on expanding its most powerful body.
Saturday, February 12th 2011 - 07:40 UTC
Falklands’ minefield clearance next phase moves to the capital Stanley Common

Falkland Islands’ next phase of minefield clearance will take place in Stanley Common greatly increasing the Islands’ capital recreational area was announced by Government House reports the latest Penguin News edition.
Saturday, February 12th 2011 - 07:37 UTC
Energy rationing powers to prevent further blackouts in Chile

The Chilean government announced on Wednesday a string of measures to help prevent the possibility of more blackouts. Chile is in the middle of a yearlong drought, crippling its ability to produce hydroelectric power.
Saturday, February 12th 2011 - 05:31 UTC
Brazil and Argentina will reject ‘commodity prices regulation’ at G20

Brazil and Argentina came out Friday against a French proposal to be put to the G20 to regulate commodity prices whose recent rises are blamed for a spike in food costs.
Saturday, February 12th 2011 - 05:21 UTC
Who do you believe? CFK’s January 0.7% inflation or private consultants 2%

Argentina’s official and controversial consumer price index in January increased 0.7%, a number disputed by private institutions that argue inflation in the first month of 2011 reached a floor of 2%.
Saturday, February 12th 2011 - 05:17 UTC
Brazilian shipyard wins Petrobras 4.6 billion contract for seven ultra-deep rigs

Brazil's government managed oil and gas giant Petrobras said on Friday that local shipyard Estaleiro Atlantico Sul (EAS) had won the tender to build seven drilling rigs in Brazil.
Saturday, February 12th 2011 - 05:08 UTC
Mubarak’s downfall: the view from a privileged observer, Israel

Israel’ former ambassador to Egypt was particularly pessimistic Friday after hearing of President Hosni Mubarak's dramatic resignation. Zvi Mazel anticipated that the Egyptian Army will rule for years: it’s a whole new world, with no one left to lead the pragmatic states”