Stories for July 2011

Monday, July 25th 2011 - 21:44 UTC
UAE global port operators take control of two terminals in Suriname

Global Marine terminal operator DP World Limited announced that it has expanded its portfolio to former Dutch colony Suriname on the northeast coast of South America, acquiring a controlling interest in both Integra Port Services (‘IPS’) and in Suriname Port Services (‘SPS’).
Monday, July 25th 2011 - 21:09 UTC
Caterpillar expands diesel-electric locomotive manufacturing plant in Brazil

A subsidiary of Caterpillar Inc., Progress Rail, announced plans to locate a locomotive manufacturing facility in the state of Minas Gerais to supply Brazil’s diesel-electric locomotive market.
Monday, July 25th 2011 - 21:01 UTC
China determined to break the grip of the three major global iron ore miners

China, the world's largest steelmaker and iron ore consumer, has set a target of dramatically increasing ore imports from Chinese-invested resources in the steel industry's 12th Five-Year Plan (2011-2015), an industry official said.
Monday, July 25th 2011 - 20:53 UTC
IMF calls for ‘swift rise in US debt ceiling’ and warns of risks to world economy

The International Monetary Fund urged the United States to swiftly raise the debt ceiling to ward off risks of a credit downgrade that could damage the global economy.
Monday, July 25th 2011 - 20:48 UTC
Santa Fe voters cast “a punishing vote” on those who seek to impose an only way of thinking

“We received a vote of confidence from the Santa Fe people”, said early Monday the Argentine province next governor Socilaist Antonio Bonfatti, following his tight Sunday victory which also “cast a punishing vote” for the government of President Cristina Fernandez de Kirchner, ahead of next October election.
Monday, July 25th 2011 - 20:40 UTC
Norwegian mass killer says the organization has “two more cells”

Anders Behring Breivik told a Norwegian judge Monday his bombing and shooting rampage that killed over 80 people aimed to save Europe from a Muslim takeover, and said that “two more cells” existed in his organization.
Monday, July 25th 2011 - 20:34 UTC
IAE engines for Brazil’s Embraer first defence cargo aircraft KC-390

Brazil’s Embraer, the world's biggest maker of regional aircraft, chose International Aero Engines as engine supplier for its military transport plane KC-390, signalling that the company is moving ahead in its venture into defence within schedule.
Monday, July 25th 2011 - 12:25 UTC
Argentina’s trade surplus shrinking under a strong influx of imports

Argentina's trade surplus fell 22% on the year in June. Trade surplus last month 1.02 billion dollars, down from a revised 1.31 billion in June 2010, according to the national statistics agency, Indec.
Monday, July 25th 2011 - 12:06 UTC
Argentina/Uruguay agree TACs for sharks and rays in common fishing zone

Argentina and Uruguay have agreed on total allowable catches (TAC) of 4,000 tons and 9,000 tons for smooth-hound shark (Mustelus spp.) and ray (Rajidae) in the Common Fishing Zone (CFZ), which is shared by the neighbouring countries.
Monday, July 25th 2011 - 11:58 UTC
Chilean Energy minister sets record: resigns after three days on the job

Only three days after being appointed Minister of Energy, Fernando Echeverría handed in his letter of resignation to Chilean President Sebastián Piñera. He was replaced by former Treasury Undersecretary Rodrigo Álvarez, a lawyer and member of the UDI party.