Stories for April 2011

Saturday, April 16th 2011 - 00:41 UTC
Eichmann’s escape helped by German intelligence and Roman Catholic Church

The notorious Holocaust planner Adolf Eichmann was helped out of Germany by members of the German intelligence service and the Roman Catholic Church, according to a series of articles by Spiegel based on secret documents.
Saturday, April 16th 2011 - 00:34 UTC
Children thefts in Argentina: German investigative journalist barred from the US

German radio correspondent based in Buenos Aires Gabriela Weber, who is investigating the alleged theft of children by a US diplomat during the Argentine military dictatorship (1976-1983) apparently has been permanently denied her request for an entrance visa.
Saturday, April 16th 2011 - 00:22 UTC
Brazil 2012 budget estimates: primary surplus 3.1% of GDP, dollar at 1.76 Real

Brazil is aiming for a primary budget surplus of 3.1% of GDP in 2012 as the government tries to put its public accounts back into better shape. Brazil’s economy is expected to grow 5.0% in 2012, compared to a 4.5% growth forecast for this year, according to an outline of the 2012 budget released Friday.
Saturday, April 16th 2011 - 00:13 UTC
Argentine economy forecasted to expand 8% in 2011 with inflation ranging 25%

Argentina’s 2011 economic growth forecast was raised to 8% from 5% by Nomura Securities International based on a strong surge from domestic demand and rising commodity prices. Government primary spending is expected to continue since 2011 is electoral year.
Saturday, April 16th 2011 - 00:11 UTC
Tombini says Brazil is in the middle of a monetary tightening cycle

Brazil is in the middle of a monetary tightening cycle, central bank President Alexandre Tombini said on Friday, days before the bank is expected to announce a hike in the benchmark lending rate.
Saturday, April 16th 2011 - 00:09 UTC
China’s trade with BRICS associates surged 45.8% in the first quarter

China's top customs authority announced Friday that trade with the other four BRICS nations surged by 45.8% to reach 59.9 billion US dollars in the first quarter of this year.
Friday, April 15th 2011 - 19:59 UTC
Falklands’ deports Spanish seamen serving imprisonment sentences

Two Spanish seamen serving imprisonment sentences for drugs related crimes in the Falkland Islands have been deported and since last Sunday are back in Spain, reports the Islands Police Headquarters.
Friday, April 15th 2011 - 18:50 UTC
China’s 3 trillion USD reserves intensify debate on Yuan convertibility

China's foreign exchange reserves exceeded the mark of 3 trillion US dollars for the first time at the end of March 2011, representing an increase of 24% from a year earlier. China retains the world’s leading position in forex reserves, according to data released by the country’s central bank.
Friday, April 15th 2011 - 18:44 UTC
Top banker predicts speculative inflows will continue; China’s stats not so rosy

Speculative money continues to flow into emerging markets, including China, and the situation is likely to continue over the long term, a top executive of China's largest commercial bank said Friday.
Friday, April 15th 2011 - 18:31 UTC
Brazil admits most airports won’t be ready for the 2014 World Cup

A Brazilian government report indicates that it will be extremely difficult to get most Brazilian airports ready in time for the 2014 World Cup.
Renovation work in 10 of the 13 airports which will be used during the month-long tournament will not be completed in time unless there are changes in the investment plans made by Brazil's airport authority, Brazil's Economic Research Institute said in its study.