Stories for April 2011

Thursday, April 21st 2011 - 06:50 UTC
Argentina industrial production up 8.8% in March over a year ago, says Indec

Argentina's industrial production expanded strongly in March over a year ago, 8.8%, as the consumer boom continues to fuel demand for everything from cars to home appliances. However monthly output slowed to a standstill and was unchanged from February, according to the national statistics institute, Indec release on Wednesday.
Thursday, April 21st 2011 - 06:41 UTC
China further opens its market to Brazilian beef, chicken and now pork

China opened its market significantly for Brazilian beef and chicken said Brazil’s Agriculture minister Wagner Rossi on his return from a week long visit to China with a business delegation headed by President Dilma Rousseff.
Thursday, April 21st 2011 - 06:35 UTC
Argentine official statistics show poverty is down 9.9% in second half of 2010

Argentina’s National Statistics Agency, Indec, announced Wednesday that poverty levels lowered in the second half of 2010, with 527,000 households below the poverty line (6.8%), which include a total of 2,475,000 people (9,9%).
Thursday, April 21st 2011 - 06:31 UTC
Tax revenue in Brazil surges 9.7% in March on the back of consumer demand

Brazil's tax revenue surged in March on the back of consumer demand that has continued to be robust the federal tax authority said this week.
Thursday, April 21st 2011 - 06:28 UTC
Chile and Argentina working to complement their power grids

Chile is studying supplying neighbouring Argentina with electricity during the southern hemisphere's summer, when demand spikes, daily newspaper La Tercera reported Wednesday.
Thursday, April 21st 2011 - 06:25 UTC
Inflation and unemployment confirm Brazilian economy overheated

March inflation in Brazil accelerated to its fastest rate since November 2008, driven by food, beverages and fuel prices. Consumer prices as measured by the IPCA-15 index rose 6.44% in the year through mid-April, the national statistics agency announced Wednesday in Rio do Janeiro.
Thursday, April 21st 2011 - 06:22 UTC
Gibraltar promotes cruise calls allowing them to open on-board casinos and shops

Cruise ships calling in Gibraltar will be allowed to open their on-board casinos and shops to their passengers after 6pm, providing an incentive to remain alongside until the early hours of the following morning, was announced by the Rock’s Deputy Chief Minister Joe Holliday.
Thursday, April 21st 2011 - 06:18 UTC
Syria lifts 50 year emergency rule but permission is needed for demonstrations

The Syrian authorities' arrest of a leftist opposition figure overnight suggests that a bill passed by the government to end emergency rule after 48 years will not halt repression, rights campaigners said.
Thursday, April 21st 2011 - 03:20 UTC
Chile looking for a new icebreaker to strengthen presence in Antarctica

The Chilean Navy icebreaker is scheduled to be decommissioned in four years time so “we are in the task of considering a replacement” revealed Third Naval Zone Commander Rear Admiral Rafael Gonzalez during a press conference in Punta Arenas to review results of the last Antarctic season.
Thursday, April 21st 2011 - 03:14 UTC
Brazilian central bank raises benchmark rate 0.25 percentage points to 12%

Brazil’s central bank raised its benchmark interest rates a quarter of a percentage point from 11.75% to 12%. The decision surprised the market since it was a smaller raise than two previous hikes of half a percentage point earlier this year.