Stories for November 2011

Wednesday, November 23rd 2011 - 20:37 UTC
Brazil expects a flat third quarter but a strong recovery by end of the year

The performance of the Brazilian economy during the third quarter “could very well be flat” according to Nelson Barbosa the second most important man behind Guido Mantega in the Finance ministry.
Wednesday, November 23rd 2011 - 20:33 UTC
Berlin and Paris again clash over ECB; Euro confidence crisis on German shore

Germany and France again on Wednesday over whether the European Central Bank should take bolder steps to stem the Euro zone debt crisis, with Chancellor Angela Merkel issuing one of her starkest warnings yet against fiddling with the central bank's strict inflation-fighting mandate.
Wednesday, November 23rd 2011 - 20:29 UTC
Buenos Aires gains increasing popularity as gay destination by the pink press

Argentina’s capital Buenos Aires has gained increasing popularity as a gay destination, largely due to recent liberalization laws which have supported gay and lesbian lifestyles, reports Pink Choice.
Wednesday, November 23rd 2011 - 20:23 UTC
Weaker currency helps Brazil recover strong trade surplus

Brazil posted a trade surplus of 2.355 billion dollars in October, beating forecasts for a third straight month, outpacing imports in the final days of the month following a recovery in global commodities prices.
Wednesday, November 23rd 2011 - 20:19 UTC
Global markets slide overwhelmed by negative news

Global markets fell Wednesday after more evidence emerged that the global economy is faltering fast and that the Euro zone is heading for a recession as the debt crisis spreads to the bigger economies like Italy and Spain.
Wednesday, November 23rd 2011 - 20:07 UTC
Brazil’s Marfrig deeper in the red but beef division manages turnaround

A slump the Brazilian currency Real landed Marfrig deeper in the red despite an improved operating result, lifted by takeovers and better tailoring its beef operations to a shortage of cattle.
Wednesday, November 23rd 2011 - 20:01 UTC
Argentina has great hopes with the Caribbean back in the Latinamerican fold

Argentina has great expectations about the coming summit for the official creation of the Community of Latinamerican and Caribbean states, Celac, scheduled to take place next December 2 and 3 in Venezuela, said Foreign Affairs minister Hector Timerman.
Wednesday, November 23rd 2011 - 19:56 UTC
Record level funding for mine-clearance but increased use of antipersonnel mines

The latest report on landmines has both good and bad news. It says governments have provided a record level of funding to remove the weapons. But at the same time the use of antipersonnel mines has increased.
Wednesday, November 23rd 2011 - 06:27 UTC
CFK promises pro-growth model, industrial “fine tuning” and dialogue

In a milestone speech on Tuesday anticipating the four years of her next mandate, Argentine President Cristina Fernandez disclosed she would continue with pro-growth policies but also added that a time of ‘fine tuning’ had arrived in which she was willing to address all issues including “investment and inflation” but not through the newspapers.
Wednesday, November 23rd 2011 - 06:25 UTC
Head of Spain’s main banking group meets with Brazilian president

The president of Spain’s banking group Santander Emilio Botin described Brazil as “a very interesting market for Spain” following a meeting with Brazilian president Dilma Rousseff.