Stories for September 2011

Saturday, September 3rd 2011 - 07:47 UTC
Supreme Court ratifies 25-year jail sentence for former dictator General Alvarez

Uruguay’s Supreme Court ratified Friday the 25 year jail sentence for former military dictator General Gregorio Alvarez and for former naval officer Juan Carlos Larcebau found guilty of in 37 and 29 homicide cases, respectively, committed during the military regime from 1973 to 1985.
Saturday, September 3rd 2011 - 07:43 UTC
Power failure leaves 13 Brazilian states in the dark; third major outage in 3 years

A failure affecting four transmission lines left four Brazilian regions (thirteen states) partially without electricity on Friday, highlighting the growing strain on the nation's power infrastructure.
Saturday, September 3rd 2011 - 07:40 UTC
Argentine August inflation at 2% pushed by food prices, say private estimates

A surge in fresh food prices has pushed Argentina’s August consumer inflation to one of the highest of the year, 2% over the previous month, according to private consultant estimates and published in the Buenos Aires press.
Saturday, September 3rd 2011 - 00:46 UTC
Brazilian economy slowing down: growth drops to an annualized 3.1%

Brazil's economy expanded at a softer pace in the second quarter as a strong currency fueled a flood of cheap imports and industrial activity had its worst performance since the third quarter of 2009.
Saturday, September 3rd 2011 - 00:44 UTC
US government to sue 17 major banks for losses on sub-prime mortgages

US authorities announced legal actions against 17 major banks for losses on mortgage-backed investments that cost taxpayers tens of billions of dollars. The Federal Housing Finance Agency said it was taking action against banks including Goldman Sachs, Barclays, Bank of America, Deutsche Bank, and HSBC.
Friday, September 2nd 2011 - 22:26 UTC
Argentina’s industry praises CFK calls for ‘national unity’ to achieve development

Argentina’s powerful industries union, UIA, called on Friday for dialogue and ‘national unit’ in order ‘to bring together a project of development’, and forecasted that if this is achieved the country could triple its GDP in the next twelve years.
Friday, September 2nd 2011 - 22:22 UTC
Squid season over in the Argentina/Uruguay common fishing zone

The Argentine/Uruguay Joint Technical Commission for Maritime Front (CTMFM) ordered on Wednesday 31 August the closure of the squid (Illex argentinus) fishing season in the Common Fishing Zone.
Friday, September 2nd 2011 - 21:36 UTC
World markets collapse on fears US economy is stalling and dismal jobs data

Fears that the US economy is stalling and may be heading back into recession caused a severe slump in stock markets around the world on Friday. With European indexes already shaken by concerns with Greece and the Euro, worse-than-expected US jobs data drove investors to unload stocks.
Friday, September 2nd 2011 - 20:30 UTC
Air Titan Boeing 767 takes over Falklands-Brize Norton airbridge contract

Air Titan is to take up the airbridge flight as from this weekend as Air Seychelles makes its last journey from Brize Norton to the Falkland Islands under the current contract with the Ministry of Defence.
Friday, September 2nd 2011 - 08:45 UTC
Argentina’s population stands at 40.117.096, up 10.7% from the 2001 census

Argentina has a population of 40.117.096, according to the definitive facts of the 2010 National Population and Home census released by the country’s national statistics and census bureau, Indec.