MercoPress. South Atlantic News Agency
Stories for August 18th 2011
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Thursday, August 18th 2011 - 06:47 UTC
Positive rating outlook for Argentina although warnings on inflation effects
The Fitch rating agency decided to maintain a positive rating outlook for Argentina, although it warned about the effects of inflation.
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Thursday, August 18th 2011 - 06:41 UTC
Brazil economic activity fell in June for the first time since 2008
Brazil's economic activity fell in June for the first time since 2008. The central bank's IBC-Br economic activity index fell 0.26% in June from May the first sequential drop since December 2008, when the global financial crisis plunged major economies into recession.
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Thursday, August 18th 2011 - 06:37 UTC
Cristina Fernandez “must have done something right” to have 50% support
Buenos Aires City Mayor Mauricio Macri’s campaign advisor Jaime Durán Barba considered that President Cristina Fernández de Kirchner “must have done something right” to get so many votes in last Sunday’s primary elections, and assured that the Alfonsín-De Narváez alliance “is the one that lost most votes.”
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Thursday, August 18th 2011 - 06:26 UTC
FIFA is “like an old boys’ network” claims Transparency International
FIFA should limit terms for senior officials, set up an independent group to clear up anti-corruption allegations and “embrace transparency,” corruption watchdog Transparency International (TI) said.
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Thursday, August 18th 2011 - 03:00 UTC
CFK message to business leaders: cut imports, boost supply, State assures demand
Argentine President Cristina Fernández de Kirchner, CFK, demanded a “cultural change” from business and corporate leaders so as to bring down imports and increase the supply of goods and services, as well as doubling investments, while the State ‘stimulates demand’.
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Thursday, August 18th 2011 - 02:54 UTC
Brazilian Agriculture minister steps down following corruption allegations
Brazilian Agriculture minister Wagener Rossi resigned to his post Wednesday following revelations of irregularities in his office thus becoming the fourth minister to step down, in eight months, of President Dilma Rousseff administration.
