Stories for June 2011

Friday, June 3rd 2011 - 23:29 UTC
Brazil expanded at an annualized 5% in first quarter, will grow “modestly” in 2Q

Brazil's first quarter GDP grew 1.3% compared to the previous quarter – an annualized rate of over 5% – and 4.2% against the first quarter of 2010 revealed on Friday the Brazilian government.
Friday, June 3rd 2011 - 23:22 UTC
White House admits jobless rate is “unacceptably high” following May’s 9.1%

White House said on Friday the US unemployment rate was unacceptably high while trying to put a brave face on a report that showed employers hired far fewer workers than expected in May.
Friday, June 3rd 2011 - 23:19 UTC
Greece is not Uruguay; the Athens debt case is more like Argentina, says economist

Past voluntary debt re-profiling in Latin America have worked to varying degrees, but “soft” restructuring is not going to solve Greece's debt problems, according to Stuart Culverhouse, chief economist of frontier markets specialist Exotix.
Friday, June 3rd 2011 - 18:24 UTC
Falkland Islands Government on Twitter

The Falkland Islands Government has moved into the world of micro-blogging. The global phenomenon of Twitter has been rapidly changing the way that we communicate and is widely used by international journalists as an important source of information.
Friday, June 3rd 2011 - 18:01 UTC
Penguins’ winter huddle clusters are all the time on motion to keep warm

The mystery of how penguins stay warm while they huddle has been revealed by an international team of scientists. Emperor penguins survive the tough Antarctic winters by forming tightly packed clusters - but scientists have pondered how penguins on the outside stay as cosy as those in the centre.
Friday, June 3rd 2011 - 17:58 UTC
Deadly new strain of E.Coli has been detected in 12 countries, including US

The deadly new strain of Shiga toxin-producing Escherichia coli (STEC) (E.coli) that is capable of spreading from person to person has now been detected in at least 12 countries, the World Health Organization said on Friday.
Friday, June 3rd 2011 - 17:46 UTC
Hispanic population ‘tsunami’ in the US: in ten years it doubled in nine states

A new report from the United States Census Bureau shows that the biggest jumps in the Hispanic population over the past decade were seen in the Deep South and Midwest in places such as South Carolina, Alabama and South Dakota.
Friday, June 3rd 2011 - 12:43 UTC
Hyundai plans to produce 150.00 vehicles at its first plant in Brazil

Hyundai Motor Company, South Korea’s largest automaker is constructing its seventh overseas plant in Piracicaba, Sao Paulo state, Brazil to actively respond to soaring demand in one of the world’s fastest growing markets and to bring its manufacturing presence in so-called BRIC countries full circle.
Friday, June 3rd 2011 - 08:09 UTC
Falklands’ legislators will be meeting US and Canadian officials in Washington and Canada

Falkland Islands Members of the Legislative Assembly Roger Edwards and Dick Sawle will be in New York June 21 to attend the United Nations Committee of 24 sessions and later will meet US and Canada officials in Washington and Ottawa.
Friday, June 3rd 2011 - 07:59 UTC
Falklands determined to exercise the right to self determination and to remain a BOT

The Falkland Islands are determined to exercise their right to self determination and to remain a British Overseas Territory, a message to the international community that tells of the success story of the Falklands in spite of the attempts by the government of Argentina to impede sectors of the economy, said Falklands’ elected legislator Roger Edwards addressing a UN seminar on eradication of colonialism.