Stories for April 5th 2011

Tuesday, April 5th 2011 - 09:42 UTC
IMF begins to work in Argentina in the elaboration of a new cost of living index

International Monetary Fund (IMF) staff arrived Monday at Argentina’s Statistics Bureau, Indec headquarters in Buenos Aires to meet with its chief Ana María Edwin and its Director Norberto Itzcovich and begin the elaboration of a new cost of living index.
Tuesday, April 5th 2011 - 09:36 UTC
Timerman begins visit to Israel denying any secret dealings with Iran

Argentina’s Foreign Affairs Minister Héctor Timerman began his first official trip to Israel and denied offering to “forget” Iran's role in attacks against Israel's Embassy in BA and AMIA Jewish Community Centre in exchange for improved trade ties with Teheran.
Tuesday, April 5th 2011 - 09:28 UTC
Rousseff expects to have a Truth Commission working by the end of 2011

Brazilian president Dilma Rousseff trusts a Truth Commission can be set up and working before the end of the year to investigate crimes and human rights abuses committed during the military dictatorship which extended from 1964 to 1985.
Tuesday, April 5th 2011 - 09:25 UTC
US government and Republicans clash over legal debt limit and budget cuts

United States will reach its 14.29 trillion US dollars legal debt limit no later than May 16 unless Congress acts before then, Treasury Secretary Timothy F. Geithner said on Monday warning of “severe hardship” if lawmakers fail to act.
Tuesday, April 5th 2011 - 09:18 UTC
Crude at highest in 30 months pushed by US recovery and political turbulence

Oil climbed to the highest level in 30 months in New York on Monday on speculation that US economic growth may support demand and a protracted conflict in Libya will curtail supply.
Tuesday, April 5th 2011 - 09:13 UTC
Falklands’ Sea Lion well latest oil appraisal sends Rockhopper shares soaring

Shares in Falkland Islands Rockhopper Exploration soared 16% on Monday, after it raised its lowest case estimate of crude reserves at its Sea Lion well.
Tuesday, April 5th 2011 - 09:04 UTC
HMS Scott spent weeks in Antarctic seas mapping for cruise vessels’ safety

The Royal Navy hydrographic survey ship HMS Scott is returning to Davenport Sunday April 10 after completing her second deployment to Antarctica. During the 22,500-mile journey she has been working on behalf of the British Foreign Commonwealth Office, British Antarctic Survey & United Kingdom Hydrographic Office.
Tuesday, April 5th 2011 - 08:59 UTC
Mountain glaciers in the Andes are melting the fastest in 350 years

Melting mountain glaciers are making sea levels rise faster now than at any time in the last 350 years, according to new research. Universities at Aberystwyth, Exeter and Stockholm looked at longer timescales than usual for their study.
Tuesday, April 5th 2011 - 08:53 UTC
Brazil’s Vale yields to government pressure names new CEO

Brazilian mining giant Vale, the world's biggest producer of iron ore, has chosen a new chief executive. Former Vale executive Murilo Ferreira will return to the company on 22 May.
Tuesday, April 5th 2011 - 08:50 UTC
The Malvinas issue is putting “UN to test” on disputes among its members

Argentine ambassador Jorge Argüello said that “when we talk about Malvinas, we’re talking about the oldest sovereignty dispute of modern times. And Malvinas is putting United Nations to test for solving dispute among countries”.