Stories for December 2011

Wednesday, December 14th 2011 - 16:48 UTC
OPEC agrees 30m bpd supply target; Saudis want oil below 100 dollars per barrel

OPEC oil producers on Wednesday sealed their first new production limit in three years in a deal that settles a 6-month-old argument over output levels firmly in Saudi Arabia's favour.
Wednesday, December 14th 2011 - 16:41 UTC
Chavez seeking re-election announces pension hikes and cash bonus for children

Venezuelan President Hugo Chavez has launched new social programs including hikes in pensions and a 100 dollars a month cash payment for needy children as he prepares for his re-election bid next year.
Wednesday, December 14th 2011 - 16:29 UTC
Duke of Kent to visit Falklands to mark Queen Elizabeth II diamond jubilee

Britain's royal family will tour the globe next year to celebrate Queen Elizabeth II diamond jubilee marking 60 years on the throne, Buckingham Palace announced on Wednesday.
Wednesday, December 14th 2011 - 16:15 UTC
EU sustainable fishing fails because of fleet overcapacity, says Court of Auditors

The European Court of Auditors, evaluating whether EU measures have contributed to adapting the capacity of EU fishing fleets to available fishing opportunities concluded that current measures have “failed” mostly blaming the ongoing overcapacity of the fishing fleet.
Wednesday, December 14th 2011 - 05:02 UTC
Brazilian bus manufacturer expands into the Australian market

Brazil’s Marco Polo one of the world’s largest manufacturers announced on Tuesday it had purchased a 75% stake in the Volgren Australia bus building industry an operation involving 53 million dollars.
Wednesday, December 14th 2011 - 04:14 UTC
Latam “progressive” countries openly supported tyrants despised by ”Arab Spring”

The so called ‘progressive’ Latin American governments not only did they not support the revolution wave later known as the “Arab Spring” but openly and repeatedly backed the regimes against which the peoples of those countries rebelled.
Wednesday, December 14th 2011 - 04:11 UTC
Argentine organized labour leader challenges CFK with massive political rally

A few hours before Truckers’ Day to be celebrated at a soccer stadium and in the midst of the dispute with the Argentine government, the leader of organized labour CGT, Hugo Moyano again challenged President Cristina Fernandez saying that inflation to discuss wages is that of the supermarkets.
Wednesday, December 14th 2011 - 04:02 UTC
US tries to re-establish full relations with Ecuador, Bolivia and Venezuela

United States continues to dialogue with Venezuela, Bolivia and Ecuador, countries where it has no ambassadors in an attempt to normalize relations, said State Department spokesperson Victoria Nuland.
Wednesday, December 14th 2011 - 03:56 UTC
Argentine November inflation 1.44% and 22.63% in eleven months, say lawmakers

Argentine Lower House opposition lawmakers announced on Tuesday that inflation in November had reached 1.44%, accumulating so far this year, 22.63%. The so called ‘Congressional index’ is an average of the estimates from private consultants who face heavy fines if they make public their numbers.
Wednesday, December 14th 2011 - 03:52 UTC
Sony to manufacture notebooks in Tierra del Fuego

Argentina’s Ministry of Industry announced Tuesday an investment of 30 million dollars for the manufacturing of mini-components, notebooks and LCD television sets in the province of Tierra del Fuego, extreme south of the country.