Stories for November 2011

Monday, November 14th 2011 - 18:19 UTC
Most Latam banks target the SME sector to expand business, shows survey

A large majority of banks in Latin America and the Caribbean consider small and medium-sized enterprise (SME) as a strategic part of their business and are upbeat about expanding their business to this sector in the next two years, according to the Latin American Banking Federation, Feleban.
Monday, November 14th 2011 - 17:13 UTC
FAO: Aquaculture in 2012 will supply more than 50% of world’s fish consumption

Aquaculture is the world's fastest-growing source of animal protein and currently provides nearly half of all fish consumed globally, according to a report published here by FAO.
Monday, November 14th 2011 - 17:11 UTC
Mexican remittances rose in September at fastest pace in five years

Mexican remittances rose at the fastest pace in five years in September as immigrant workers took advantage of the Peso’s decline to send more money to relatives, according to the Mexican Central bank.
Monday, November 14th 2011 - 16:48 UTC
Uruguay has become an IMF creditor and contributed to bail-out Ireland

Uruguay has become a net creditor of the International Monetary Fund and given this condition has helped in the bailing out of such countries as Ireland and Angola, revealed a top authority of the Central Bank during a hearing before the country’s Senate’s Finance Committee.
Monday, November 14th 2011 - 16:38 UTC
Silent killer diabetes strikes 336 million people and keeps advancing

Diabetes will strike one in 10 adults by 2030, hampering economic growth in the world's fastest-growing economies as it kills people in their most productive years, according to a report released on World’ Diabetes Day.
Monday, November 14th 2011 - 07:37 UTC
Uruguay fears fall in value of the Argentine Peso could impact summer season

In the last eleven days the Argentine Peso has fallen almost 20% in neighbouring Uruguay where it has sounded alarm bells ahead of the coming season when hundreds of thousands of Argentines flood Uruguayan beaches.
Monday, November 14th 2011 - 07:13 UTC
Chevron halts drilling off the coast of Brazil following an oil-spill

Oil giant Chevron halted drilling of a well off the coast of Brazil as it looks into the possible causes of an oil spill in the region. Chevron said in a statement e-mailed that an oil sheen had appeared on the surface of the ocean near the Frade project it operates, which it attributed to oil seeps in the area.
Monday, November 14th 2011 - 07:09 UTC
Son of Iranian official linked to attack in Argentina, found dead in Dubai

Ahmad Rezai, son of Mohsen Rezai a top Iranian official which the Argentine justice has summoned to be questioned for his possible involvement in an attack against a Jewish organization in Buenos Aires in 1994, was found dead in strange circumstances in a Dubai hotel according to the local news agency Mehr.
Monday, November 14th 2011 - 06:58 UTC
Rousseff complains German chancellor Merkel “listens to nobody”

Brazilian president Dilma Rousseff criticized German chancellor Angela Merkel for her refusal to receive suggestions as to how face the global crisis and on specific issues such as youth unemployment.
Monday, November 14th 2011 - 06:49 UTC
Positive market reactions as Monti begins task of forming new government in Italy

Mario Monti is starting work to form a new government to lead Italy out of its acute debt crisis which prompted the resignation of Silvio Berlusconi. The appointment of Mr Monti, an ex-EU commissioner, was announced by Italy's president on Sunday.