Stories for April 2011

Wednesday, April 6th 2011 - 06:25 UTC
Unprecedented damage to the ozone layer over the Arctic, says WMO

The ozone layer has seen unprecedented damage in the Arctic this winter due to cold weather in the upper atmosphere. By the end of March, 40% of the ozone in the stratosphere had been destroyed, against a previous record of 30%.
Wednesday, April 6th 2011 - 06:17 UTC
President Rousseff says Brazil needs to spend money on defence

Brazilian President Dilma Rousseff strongly supported the need to spend money on defence at a time when she is making big budget cuts in many areas.
Wednesday, April 6th 2011 - 06:13 UTC
Spain’s official unemployment above 20%, with 43% of young Spaniards jobless

Spain’s official unemployment advanced for a third month in March, deepening the divide between peripheral economies struggling to recover from the financial crisis and Germany’s booming labour market. It was the worst record for Spain since 1996.
Wednesday, April 6th 2011 - 06:10 UTC
Venezuela to begin shipping Argentina 12 million barrel of fuel in May

Venezuela will send Argentina 12 million barrels of diesel and fuel oil starting in May, an official from Venezuela's state oil company PDVSA said.
Wednesday, April 6th 2011 - 05:55 UTC
Brazil decides to impose anti-dumping tariff on several Chinese synthetic fibres

Brazil will apply import tariffs on specific goods from China and the United States, the latest measures to help stem a flood of cheap imports that is eroding the country's trade balance, according to a statement from the Industry and Trade ministry.
Wednesday, April 6th 2011 - 05:52 UTC
Radioactive fish lead to first legal limits for radiation in seafood

High levels of radioactive iodine and cesium were detected by Japan’s Fisheries Ministry in fish caught near the Fukushima nuclear power plant this week. Japan has responded to the findings by announcing its first legal limits for radiation in fish and said it is considering a ban on exports of some marine products.
Wednesday, April 6th 2011 - 05:48 UTC
IMF paper with proposals on capital controls triggers heated debate

An IMF staff proposal to endorse capital controls in limited circumstances aroused opposition from Brazil and other nations seeking greater freedom to stem inflows of money from overseas.
Wednesday, April 6th 2011 - 01:39 UTC
Uruguay’s March inflation soars 1.42% and 3.6% in the first quarter

Uruguay consumer prices soared 1.42% in March, reaching 8.17% in the last twelve months and 3.6% in the first quarter, which is dangerously close to the twelve month government target of 3% to 7%, which theoretically should go down to 4% to 6% next June.
Wednesday, April 6th 2011 - 01:10 UTC
Desire Petroleum confident of its Falklands’ portfolio prospects potential

Falklands Desire Petroleum has said the past 12 months had proved an “energetic” period for the company with the information gathered leading to believe that the East Flank Play Fairway has a great deal of potential.
Tuesday, April 5th 2011 - 22:22 UTC
Ulster farmers against any EU/Mercosur deal that includes beef and lamb

The Ulster Farmers’ Union has raised concerns over the current trade deal being discussed between the European Union and Mercosur. UFU beef and lamb chairman Ray Elkin said: “The potential for a Mercosur trade deal is of great concern to the UFU, and could have a devastating impact on Northern Ireland’s beef sector in particular.”