Stories for April 2011

Saturday, April 2nd 2011 - 07:57 UTC
Latam wind energy expanded 50% in 2010; Argentina has the greatest potential

Installed wind farm capacity in Latin America grew by 50% during 2010, and more than 2,000 MW of wind power are now operating across the region, according to the Global Wind Energy Council, GWEC.
Saturday, April 2nd 2011 - 07:53 UTC
US jobless rate drop for second month running could indicate inflection point

US employment recorded a second straight month of solid gains in March and the jobless rate fell to a two-year low of 8.8%, (from 8.9% in February) marking a decisive shift in the labour market.
Saturday, April 2nd 2011 - 07:36 UTC
Brazil’s February industrial production expands at fastest pace in eleven months

Brazil’s industrial production rose at the fastest pace in 11 months in February. Output rose 1.9% from January and 6.9% from the same month a year earlier, the national statistics agency said.
Saturday, April 2nd 2011 - 07:28 UTC
Brazil planning further taxing on the inflow of “speculative” foreign capital

The Brazilin currency rallied more than 1.0% on Friday closing at its strongest level since August 21, 2008. The Real jumped 1.16% to 1.612 per US dollar. The gains came after a Reuters report that the government has decided to tolerate a Real trading stronger than the 1.65-per-dollar market in the short term.
Saturday, April 2nd 2011 - 07:22 UTC
Chilean researchers discover treasure of fossils and micro organisms in Antarctica

Chilean researchers from the 47th scientific expedition to Antarctica returned to the mainland to present their findings and begin follow-up work on their discoveries.
Saturday, April 2nd 2011 - 06:53 UTC
The delicate balance of ‘cooperation’ and ‘competition’ between China and Brazil

Brazilian president Dilma Rousseff and her Chinese peer Hu Jintao will address the Libyan crisis and other issues related to the Chinese currency, Yuan, which has Brazilian manufacturers most concerned, anticipated the Brazilian Foreign Affairs ministry.
Saturday, April 2nd 2011 - 06:51 UTC
Brazilian congress set to approve this week compensation for Paraguayan power

The Brazilian government is intent in increasing to 360 million US dollars annual payment for the surplus power from the world’s largest operational hydroelectric dam Itaipu, shared with Paraguay promised Marco Aurerlio Garcia President Dilma Rousseff international affairs advisor and special envoy.
Saturday, April 2nd 2011 - 06:41 UTC
Syrian security forces fire on anti government protests; at least seven killed

At least seven people have been killed in another day of anti-government protests in several Syrian cities, activists have said. Protest marches against Baath Party rule broke out in cities in the north and south after Friday prayers, including in the flashpoint city of Daraa.
Saturday, April 2nd 2011 - 06:39 UTC
Nasdaq and ICE bid for New York Stock Exchange Euronext

US exchanges Nasdaq and ICE have mounted a 11.3 billion US dollars bid for NYSE Euronext, topping a previous offer from Deutsche Boerse. The bid compares with Deutsche Boerse's offer of 10.2bn.
Friday, April 1st 2011 - 17:53 UTC
Uruguay’s fiscal deficit up in February equivalent to 1.4% of GDP

Uruguay’s fiscal deficit in February increased GDP 0.3 percentage points over the previous month and reached 1.4% of GDP according to the Economy Ministry. In nominal terms the overall public sector deficit (including regional governments and the National Insurance bank) was 453 million US dollars, 20% higher than in January.