Stories for March 29th 2011

Tuesday, March 29th 2011 - 19:44 UTC
Cristina Kirchner will head April 2 Malvinas Veterans Day in Rio Gallegos

Argentine President Cristina Fernandez de Kirchner will head the main commemoration of Malvinas Veteran and Malvinas Fallen Day next Saturday in Rio Gallegos, Patagonia which will be attended by former combatants and next of kin from those who lost their loved ones during the 1982 South Atlantic conflict.
Tuesday, March 29th 2011 - 18:12 UTC
IDB pledges to help Latin American countries ‘de-dollarize’ their economies

The Latin American Development Bank, IDB, plans to help Latin American countries “de-dollarize” their economies by providing more financing in local currencies, said bank President Luis Alberto Moreno.
Tuesday, March 29th 2011 - 18:08 UTC
World Bank says Latam has capacity and potential to help solve global food crisis

Latin America can help solve the global food crisis by expanding farm production, the World Bank said this weekend, and Colombia said it was on board with plans for an 'agricultural revolution'.
Tuesday, March 29th 2011 - 17:59 UTC
IDB loans effectively disbursed in 2010 totaled 10.3 billion US dollars

The Inter-American Development Bank approved 12.136 billion US dollars in new operations in 2010 and made 10.341 billion in loan disbursements from its ordinary capital, according to its latest annual report issued over the weekend.
Tuesday, March 29th 2011 - 17:54 UTC
Brazil calls on IDB to speed the planned 70 billion US dollars capitalization

Brazil's Planning Minister Miriam Belchior pressed the Inter-American Development Bank, IDB, to move quickly with its planned 70 billion US dollars capitalization to expand the reach of projects in Latin America.
Tuesday, March 29th 2011 - 17:41 UTC
Argentine Jewish organization denies any pact between Buenos Aires and Teheran

The Buenos Aires Jewish organization AMIA which suffered a deadly attack in 1994 denied the existence of an alleged pact (in the making) between Argentina and Iran which would put an end to the investigations related to the bombing in exchange for the resumption of trade links with Teheran.
Tuesday, March 29th 2011 - 04:53 UTC
Obama justifies his first war, but will not go down the Iraq road

US President Barack Obama has defended the first war launched under his presidency, insisting US military involvement in Libya will be limited. He told Americans US intervention as part of the coalition had saved “countless lives” threatened by the forces of the “tyrant” Muammar Gaddafi.
Tuesday, March 29th 2011 - 04:50 UTC
Former president Clinton apologized for the financial crisis triggered by the US

Former US president Bill Clinton apologized for the international financial crisis which triggered by the United States in 2008 and rapidly extended to the rest of the world.
Tuesday, March 29th 2011 - 04:47 UTC
Brazil plans to tax local corporations overseas bond issues, says financial media

The Brazilian government is planning to impose a financial operations tax on overseas bond issues by Brazilian companies, local financial daily Valor Economico reported Monday.
Tuesday, March 29th 2011 - 04:44 UTC
Cheap dollar makes US a formidable competitor in beef and chicken production

Emerging countries such as Brazil found a significant space to expand meat exports during the last decade but a heavy weight competitor, United States will be gaining international competitiveness in the sector in coming years because of the steep depreciation of the US Dollar against other currencies.