Stories for April 2011

Thursday, April 14th 2011 - 05:24 UTC
President Rousseff invites Foxconn to develop Brazil’s electronics industry

Foxconn in planning to invest as much as 12bn US dollars in Brazil, according to President Dilma Rousseff currently on an official visit to China. Taiwan-based Foxconn operates the majority of its factories in China, producing goods for firms like Apple, Hewlett Packard and Dell.
Thursday, April 14th 2011 - 05:16 UTC
Libya and global financial system reform in BRICS’ international agenda

Leaders of the world's major emerging powers will meet again Thursday in China to tackle the conflict in Libya, reform of the international financial system and look at how developing nations can exercise more clout on the global stage.
Thursday, April 14th 2011 - 05:00 UTC
BRICS members discuss trade grievances with host China

Chinese President Hu Jintao came under pressure from fellow BRICS members Brazil, Russia, India and South Africa to open the Chinese market to goods ranging from Indian drugs to Brazilian planes as leaders gathered on a tropical south China island for a summit.
Thursday, April 14th 2011 - 02:30 UTC
Uruguay Senate annuls amnesty bill benefiting the military but triggers further controversy

A closely divided Senate has passed legislation to overturn an amnesty for human rights crimes committed by the military and security forces during Uruguay's 1973-85 dictatorship, overruling voters who in two referendums upheld the law in 1989 and 2009. The decision triggered strong controversy in the Uruguayan political system.
Wednesday, April 13th 2011 - 23:04 UTC
EU, Colombia, Peru sign ambitious trade agreement; saves half a billion Euros in tariffs

EU Trade Commissioner Karel De Gutch together with Colombian Minister for Trade Sergio Diaz-Granados Guida and Peruvian Deputy Minister for Foreign Trade Carlos Posada Ugaz, celebrated Wednesday in Brussels the initialling of an ambitious trade agreement between the EU, Colombia and Peru.
Wednesday, April 13th 2011 - 23:00 UTC
Obama unveils his plan to cut the federal budget which includes tax increases

President Barack Obama called for an overhaul of the U.S. tax code for individuals and businesses and said he wants to raise an additional 1 trillion US dollars through tax increases over the next decade.
Wednesday, April 13th 2011 - 22:55 UTC
Mercosur/EU will exchange proposals in the coming two months, says De Gutch

The European Union and Mercosur currently holding a round of association and trade talks will be exchanging proposals for market access of their list of products in the coming two months, according to the EU Trade Commissioner Karel De Gucht.
Wednesday, April 13th 2011 - 18:34 UTC
Mercosur to release members’ same criteria macro-economic data beginning June

Beginning June, Mercosur full members will share macro-economic indicators elaborated with the same criteria and which will be released simultaneously, according to reports in the Montevideo press. The initiative was partly financed by the European Union that also played an advisory role.
Wednesday, April 13th 2011 - 18:17 UTC
EU ‘animal well being’ group warns about Mercosur livestock conditions

The Eurogroup for Animals called on the European Union to demand from Mercosur farmers associations and governments the same ‘animal well-being’ requisites and regulations which their European counterparts must comply with.
Wednesday, April 13th 2011 - 17:10 UTC
UK Europe Minister praises relation with Spain, but underlines no compromise on Gibraltar

The Right Honourable David Lidington MP, the UK Minister of State for Europe, paid a short overnight familiarisation visit to Gibraltar, arriving Tuesday and leaving Wednesday lunchtime