Stories for November 15th 2011

Tuesday, November 15th 2011 - 16:44 UTC
President Mujica in Mexico to boost trade and relations with G20

Uruguayan president Jose Mujica arrived Tuesday in Mexico for a two day visit to promote bilateral trade and to address with his host Felipe Calderon issues related to recent discrepancies with the G20 that described Uruguay and Panama as “fiscal havens”.
Tuesday, November 15th 2011 - 06:54 UTC
Consortium announces major ‘high quality’ oil discovery off the Brazilian coast

Repsol, Spain's biggest oil group said Monday it has made a new oil discovery off the coast of Brazil together with Chinese partner Sinopec, Britain's BG Group and Brazil's Petrobras.
Tuesday, November 15th 2011 - 06:50 UTC
Argentine forex market volatility calming but fears remain as to next steps

Argentina's central bank cut dollar reserve requirements after bank deposits plunged 645 million dollars last week following the government's moves to restrict foreign exchange purchases in an attempt to reduce capital flight.
Tuesday, November 15th 2011 - 06:46 UTC
Embraer has dominant position in the Middle East 60/120 pax jet segment

Brazilian aerospace conglomerate, Embraer sees a market demand of 310 jets in the 60-120 passenger jet segment in the Middle-East in the period 2011-2030. According to reports, the aircraft maker has forecast a market potential of 14 billion dollars during the period in the region.
Tuesday, November 15th 2011 - 06:43 UTC
Monti begins round of contacts with major parties; confirms 2013 elections

Italy's Prime Minister-designate Mario Monti said on Monday his first day of talks for a new government were constructive and he hoped to form an administration that could take the country through to the next scheduled elections in 2013.
Tuesday, November 15th 2011 - 06:40 UTC
Greek ‘technocrat’ PM faces confidence motion Wednesday

Greek Prime Minister Lucas Papademos said on Monday the policies tied to Athens' international bailout had worsened a recession and pushed unemployment higher, but the problem could be mitigated with reforms.
Tuesday, November 15th 2011 - 06:36 UTC
“Smiling” officers clear anti Wall Street protestors from Occupy Oakland camp

California Police moved in on Monday and cleared out anti-Wall Street protesters from Oakland's City Hall plaza, arresting 32 people but avoiding the sort of clashes that marked a previous attempt to shut down the Occupy Oakland camp.
Tuesday, November 15th 2011 - 06:27 UTC
Argentine congress October ‘inflation index’: 1.49%, double the official rate

Argentine lawmakers announced Monday the so-called Congressional ‘inflation index” for October which they estimated at 1.49% and is well over double the official Indec index released last week, 0.6%.
Tuesday, November 15th 2011 - 06:23 UTC
Brazil’s JBS, world’s largest beef producer plans to expand dairy business

Brazil's JBS, the world's biggest beef producer, intends to expand its dairy business with strategic plans next year after the unit's double-digit growth in recent years.