Stories for April 2011

Friday, April 15th 2011 - 05:44 UTC
‘The challenge is a better distribution of wealth’, said Insulza on Pan American Day

The Permanent Council of the Organization of American States (OAS) commemorated on Thursday April 14 Pan American Day and the anniversary of the signing of the Charter of the OAS, adopted in Bogota, Colombia, on April 30, 1948.
Friday, April 15th 2011 - 05:35 UTC
Developing nations reject IMF rules on capital inflows controversy

Developing nations warned the IMF on Thursday against imposing new rules dictating how they manage capital inflows rushing into their economies, suggesting rich nations take a hard look at their own policies instead.
Friday, April 15th 2011 - 05:31 UTC
China’s March inflation fastest since 2008; further tightening anticipated

Inflation in China accelerated in March to the fastest rate since 2008, despite government efforts to cool prices. Consumer prices rose by 5.4% in March compared with a year earlier, the National Bureau of Statistics said. In February, the annual figure was 4.9%.
Friday, April 15th 2011 - 03:12 UTC
Falkland Islands represented at Royal Wedding

A Falkland Islander will be joining the ranks of the privileged few at the Royal Wedding of the Prince William and Catherine Middleton in Westminster Abbey on April 29.
Friday, April 15th 2011 - 02:13 UTC
Mujica promises to control the curse of inflation, but ‘there are no magic solutions’

President Jose Mujica promised there will be no ‘uncontrolled inflation in Uruguay’ and although admitting it’s not a simple problem, with no magic solution, there are “sufficient tools’ to address the issue including putting “government spending on a diet”.
Friday, April 15th 2011 - 00:12 UTC
“Other blocks demand too much from Mercosur and offer too little”

Several Mercosur negotiations with other blocks have failed because “they ask too much and offer too little” said Samuel Pinheiro recently appointed Mercosur High Representative and who is holding a round of meetings with member countries’ leaders.
Friday, April 15th 2011 - 00:01 UTC
‘Argentina’s protectionism’ the great obstacle for EU/Mercosur trade talks

European Union’s top trade negotiator, Karel de Gucht, accused Argentina of being “the great obstacle” in an association agreement between the EU and Mercosur, and threatened to take the case before the WTO.
Thursday, April 14th 2011 - 23:50 UTC
Mercosur outperformed in 2008/09 recession and during 2010 recovery

Latin America and the Caribbean have weathered the 2008-2009 recession much better than it had previous downturns. However less well-known is that the region, particularly Mercosur members, also decisively outperformed many other regions during the same period with a decline in growth smaller than that of the middle-income country average and with a rebound that was swifter and stronger.
Thursday, April 14th 2011 - 23:39 UTC
Obama insists on reforming tax-code and making the rich pay more

US President Barack Obama said the United States must use the tax code to help meet its targets for reducing the deficit and said that the wealthiest Americans must help achieve that goal.
Thursday, April 14th 2011 - 23:22 UTC
Argentine de facto president following Falklands’ war defeat sentenced to life imprisonment

The military officer who as de facto president led Argentina following the Falkland Islands invasion defeat in 1982 was sentenced to life in prison over human rights violations committed during the country’s last military dictatorship, 1976/1983.