Stories for March 17th 2011

Thursday, March 17th 2011 - 15:27 UTC
Brazilian industry creates a Chinese Studies Centre to monitor bilateral trade

Brazil’s powerful Federation of Industries of Sao Paulo State (Fiesp) is set to create a Chinese Studies Centre in partnership with the federal government, the president of the federation said in Sao Paulo.
Thursday, March 17th 2011 - 15:12 UTC
Falkland Islands next stop for HMS York after relief work in Libya

HMS York is back in the Atlantic heading for the Falkland Islands after her headline-making trip to Libya.
The Type 42 destroyer was en-route to take up a five-month patrol in the south Atlantic when she was diverted to join the international relief effort and help foreign citizens and Britons leave the country.
Thursday, March 17th 2011 - 07:48 UTC
It’s official: Uruguay and Argentina will bid to host the 2030 World Cup

Uruguay and Argentina that played the final of the first World Cup in 1930 in Montevideo, announced Wednesday they have jointly launched a bid to host the 2030 World Cup to celebrate the centennial.
Thursday, March 17th 2011 - 07:44 UTC
Japanese tsunami surprises Midway atoll killing thousands of albatrosses

Thousands of albatrosses and other endangered species at a wildlife sanctuary north-west of Hawaii have been killed by the tsunami which devastated Japan, US officials say.
Thursday, March 17th 2011 - 07:36 UTC
World Bank loan to improve quality of life in Rio do Janeiro’s favelas

Some two million people who live in informal low income settlements (favelas) in the Rio de Janeiro Metropolitan Region, Brazil, will be benefiting from a 485 million US dollars development policy loan for the Metropolitan and Housing Project approved by the World Bank.
Thursday, March 17th 2011 - 07:28 UTC
Brazil’s unofficial ‘job-aid’ for President Obama coming visit

Rio do Janeiro governor Sergio Cabral said he expects US president Barack Obama to announce during his trip to Brazil that he supports Brasilia’s aspiration to hold a seat in a reformed UN Security Council.
Thursday, March 17th 2011 - 05:34 UTC
US current account deficit totaled 470.2bn last year, 3.2% of GDP

The current-account deficit in the U.S. narrowed 9.7% to 113.3 billion US dollars in the fourth quarter, reflecting an increase in exports. The deficit for all of last year widened to 470.2 billion USD or 3.2% of GDP from 2.7% in 2009.
Thursday, March 17th 2011 - 05:30 UTC
FOGL has identified large prospects for exploration in the South Falkland Basin

London listed Falkland Oil and Gas says that its negotiations to secure a deep water rig are at an advanced stage as it seeks to drill the large prospects it has identified across the South Falkland Basin.
Thursday, March 17th 2011 - 00:51 UTC
Hours before Obama arrives, Brazil reaffirms its commitment is with Mercosur

When US president Barack Omaba lands in Brazil next Saturday the emphasis of the visit will be on deepening economic relations and potential business opportunities, but Brazil has made it plain clear that any free trade talks with the United States can only take place in the framework of Mercosur.