Stories for April 2011

Tuesday, April 5th 2011 - 22:12 UTC
Pickets’ leader demanding extortion sum from Clarin captured on video

Argentina’s most important daily Clarin has filed an extortion complaint against the leader of the pickets that have prevented the circulation of the newspaper by blocking distribution at the press plant and who was recorded in a tape asking for the equivalent of 2.2 million US dollars to end the attacks.
Tuesday, April 5th 2011 - 21:23 UTC
China anticipating higher inflation hikes interest rate by 25 basis points

China’s central bank announced Tuesday it would raise the benchmark one-year borrowing and lending interest rates by 25 basis points beginning Wednesday. This is the second time that The People’s Bank of China raises the benchmark interest rate this year and the fourth such increase since the start of last year.
Tuesday, April 5th 2011 - 21:16 UTC
Pop singer Michel Martelly wins Haiti presidency by a landslide

Pop singer Michel Martelly better known as “Sweet Micky”, is Haiti's new president-elect. Preliminary results, released by the country's electoral council yesterday, show that Martelly won 68% of the vote in March 20 run-off election to beat former Haitian first lady, Mirlande Manigat.
Tuesday, April 5th 2011 - 21:11 UTC
EU official optimistic about the next round of trade negotiations with Mercosur

The European Union and Mercosur have a clear commitment to advance trade negotiations and conclude a deal, if possible, by the end of the year, if not at the beginning of next year when Argentina will again hold the rotating chair of the South American group.
Tuesday, April 5th 2011 - 10:18 UTC
Obama launches his 2012 re-election campaign with a video titled “It Begins With Us”

President Barack Obama launched on Monday his 2012 re-election campaign, framing his final stint as a candidate as an effort to cement and expand the policies he has enacted from the White House.
Tuesday, April 5th 2011 - 10:15 UTC
Venezuelan business community concerned about full Mercosur integration

The potential full membership of Venezuela in Mercosur, before formalizing its departure from the Andean Community (CAN) has Venezuelan entrepreneurs and several parties linked to integration “awaiting and in uncertainty” since they are not in touch with government actions on the issue.
Tuesday, April 5th 2011 - 10:11 UTC
Uruguay has no plans to issue new debt: 2011 obligations comfortably covered

Uruguay's economy minister said the country had no concrete plan to issue new debt because it had already covered 2011 obligations and debt servicing costs will fall in 2012. Nevertheless he complained about the “poor treatment” of Uruguay by the risk rating agencies.
Tuesday, April 5th 2011 - 10:08 UTC
Based on signs of greater fiscal restraint, Fitch raises Brazil’s credit rating to BBB

Brazil’s credit rating was raised one level by Fitch Ratings, which cited the economy’s growth prospects and budget policy under President Dilma Rousseff.
Tuesday, April 5th 2011 - 09:49 UTC
Nazi criminal Eichmann tapes: the mistake was “we didn't do our job properly”

Tapes revealed by Germany’s Der Spiegel shed light on the life of a fugitive Nazi criminal in Argentina after the Second World War (1939/1945). Contrary to his claim during his trial in Israel that he was only following orders, Adolf Eichmann boasted to his friends that he was part of decision making process.
Tuesday, April 5th 2011 - 09:42 UTC
IMF begins to work in Argentina in the elaboration of a new cost of living index

International Monetary Fund (IMF) staff arrived Monday at Argentina’s Statistics Bureau, Indec headquarters in Buenos Aires to meet with its chief Ana María Edwin and its Director Norberto Itzcovich and begin the elaboration of a new cost of living index.