Stories for August 29th 2011

Monday, August 29th 2011 - 08:34 UTC
Brazil loosing industry to Mercosur members with cheaper costs and lower taxes

Brazilian business and manufacturing leaders are demanding a “fiscal harmonization” of the Mercosur block since other full members are attracting a growing number of Brazilian companies to those countries lured by cheap energy and qualified labour.
Monday, August 29th 2011 - 08:31 UTC
Latin American central banks ready to reverse policy and cut interest rates

Latin America’s central banks are coming to the end of steep rises in borrowing costs as the global economic outlook darkens and some are starting to consider policy loosening and interest rate cuts.
Monday, August 29th 2011 - 08:29 UTC
Brazil to regulate credit-rating agencies to help them improve quality of their analysis

Brazil Securities and Exchange Commission, CVM, expects to have ready by the end of the year a regulatory framework for risk rating agencies with the purpose of improving the quality of their analysis, said Maria Helena Santana, president of CVM.
Monday, August 29th 2011 - 08:26 UTC
MPs criticize “offensive” comedy on Lady Thatcher and ‘Falklands’ obsession’

A new “grossly offensive” comedy on Channel 4 portraying Lady Thatcher as a sex-starved Falklands War obsessive, and mocking her frail mental health, has been criticised by MP's.
Monday, August 29th 2011 - 03:35 UTC
Piñera pledges to clarify events surrounding killing of teenager during mass protests

Chilean President Sebastian Piñera pledged Sunday to get to the bottom of the killing of a teen during a mass protest as student leaders agreed to meet with the president on their grievances.
Monday, August 29th 2011 - 03:30 UTC
“Macroeconomics policies must support growth” warns IMF chief Lagarde

The new head of the IMF urged global policymakers to pursue urgent coordinated action, including the mandatory recapitalization of European banks, or risk descent into renewed world recession.
Monday, August 29th 2011 - 03:27 UTC
Five Falklands’ athletes to compete at Commonwealth Youth Games

The Falkland Islands will be represented with five athletes and four officials in the 4th Commonwealth Youth Games begin to be held in the Isle of Man September 8th to 12th 2011. The delegation will be headed by Falkland Islands Overseas Games Association, (FIOGA) chair Mike Summers.
Monday, August 29th 2011 - 02:51 UTC
Third round of chemotherapy for Chavez, but this time in Venezuela

President Hugo Chavez will undergo a third round of chemotherapy for cancer at home in Venezuela beginning Monday, he said, instead of travelling to Cuba where he had two previous rounds of treatment.