Stories for February 2011

Tuesday, February 15th 2011 - 05:25 UTC
Brazil ratifies no-support policy for UK military or government vessels linked to Malvinas

Defence minister Arturo Puricelli said Monday that Argentina “has no conflict hypothesis with countries from the region” and thanked the “strong support” from his visiting Brazilian peer Nelson Jobim regarding Argentine sovereignty over the Falklands/Malvinas Islands.
Monday, February 14th 2011 - 23:54 UTC
Former UK farmers’ leader calls for stricter foot and mouth disease controls

A leading farmer form South West England has called for new measures to stop another outbreak of foot and mouth disease (FMD) in the UK. Anthony Gibson, former regional director of the National Farmers Union, wants disinfectant footbaths for travellers arriving from problem areas.
Monday, February 14th 2011 - 23:47 UTC
Roubini warns of “hard landing” if developing countries don’t control inflation

Nouriel Roubini the New York University professor, who predicted the credit crisis, said China and other emerging markets risk a “hard landing” as they start raising interest rates to fight inflation.
Monday, February 14th 2011 - 23:37 UTC
Uruguay manufacturing recovered mildly in 2010: “industry is stagnant”

Uruguay’s manufacturing industry expanded 4.5% in 2010, but if the pulp industry hub is excluded the percentage drops to 3.5%, according to the latest release from the National Statistics Institute, INE.
Monday, February 14th 2011 - 22:32 UTC
South Korea leaves basic rate unchanged at 2.75%; inflation running at 4%

South Korea's central bank has left its main interest rate unchanged at 2.75%, bucking a trend that has seen borrowing costs rise across Asia as policymakers try to slow inflation.
Monday, February 14th 2011 - 21:50 UTC
Political agreement in Paraguay to impose export levies on soybeans and beef

The Paraguayan government is working with Congress to agree on budget cuts and possible tax increases, (levies on beef and soybean exports) that should help balance 2011 expenditure and revenue.
Monday, February 14th 2011 - 21:10 UTC
Indian company to begin Bolivian iron-ore exports; a million tons the first year

India’s Jindal Steel & Power plans this year to export 1 million tons of iron ore concentrate from Bolivia’s El Mutun mine, the firm said. Following on some problems that have been overcome, exports will begin in March reported Jindal Bolivia’s communications manager, Eduardo Prudencio.
Monday, February 14th 2011 - 21:07 UTC
Argentina hopes to reach an agreement with the Paris Club this month

Argentina’s Economy Minister Amado Boudou heads to France this week to participate in the G20 ministers meeting and will take advantage of the trip to further advance tentative negotiations to resolve the defaulted debt Argentina has with the Paris Club.
Monday, February 14th 2011 - 20:41 UTC
Argentine jiggers pleased with current squid season catch levels

Argentina’s catches of squid (Illex argentinus) are averaging 20 tons per day and there’s no activity outside the country’s Exclusive Economic Zone (EEZ), according to the first landing reports.
Monday, February 14th 2011 - 18:51 UTC
China “not too worried” about India/Brazil’s criticism of Yuan policy

In spite of United States inciting Brazil and India to criticise China's currency policy, Beijing need “not worry too much” because it can defuse the tension through talks, according to Chinese officials.