Stories for 2011

Friday, September 23rd 2011 - 01:41 UTC
IMF chief wants “constructive dialogue” with Argentina but warns about stats

The head of the International Monetary Fund, Christine Lagarde, said on Thursday that she wants a “constructive dialogue” with Argentina, while at the same time warned that she is not willing to make any “concessions” in terms of the quality of official data the IMF receives from member countries.
Friday, September 23rd 2011 - 01:36 UTC
UN Argentine ambassador ratifies air isolation threat to the Falkland Islands

The Argentine Ambassador before the UN, Jorge Argüello, ratified Thursday morning that if the United Kingdom keeps on refusing to discuss and negotiate Malvinas Islands’ sovereignty, the government will cancel flights to the South Atlantic archipelago.
Friday, September 23rd 2011 - 01:31 UTC
Brazil will hold off plans for fighter jets purchase for another twelve months

Brazil will hold off plans to purchase new fighter jets until at least 2012 as the government cuts spending to fight the global economic crisis, Brazilian Foreign Minister Antonio Patriota said in New York.
Thursday, September 22nd 2011 - 22:42 UTC
Brazil’s August unemployment stable at 6% in tight labour market

Brazil’s unemployment rate remained unchanged at 6% in August, a record low for the month while average real wages rose 0.5% from the previous months to 1,629.40 Reais (839.16 US dollars) a month, the government statistics agency IBGE report showed.
Thursday, September 22nd 2011 - 22:17 UTC
IMF re-activates resource pool of 571 billion for another six months

The International Monetary Fund re-activated this week a 571 billion dollars resource pool to ensure it has funds to help cover Europe's worsening sovereign-debt crisis. The IMF extended activation of its so-called New Arrangements to Borrow for a six-month period from October.
Thursday, September 22nd 2011 - 21:57 UTC
Chile targets tourism as third most important sector of the economy by 2020

The new campaign by Chile’s National Tourism Service (Sernatur) aims to make tourism the third largest sector of the country’s gross domestic product (GDP) by 2020. The campaign will be launched on Jan. 1, 2012.
Thursday, September 22nd 2011 - 21:52 UTC
Brazil to the rescue of the Real which is down 17% against the dollar in 4 weeks

Brazil's central bank unexpectedly acted to halt the currency's slide on Thursday, highlighting growing concern among officials that the global financial crisis is damaging Brazil's economy and could cause a potentially destructive spurt in inflation.
Thursday, September 22nd 2011 - 21:39 UTC
RFA ‘Black Rover’ returns to UK after 18 months support operations in Falklands

Royal Fleet Auxiliary ship Black Rover is returning to the UK on Sunday after an 18-month deployment in support of the Royal Navy operations in UK Overseas Territories including the Falkland Islands, South Georgia, St Helena and Tristan Da Cunha.
Thursday, September 22nd 2011 - 21:21 UTC
Falklands’ war Wessex helicopter involved in Sir Galahad disaster rescued for new role

A Wessex helicopter which was used to rescue injured servicemen during the Falklands conflict is to have a new role as a cafe at a Shropshire paintball Centre.
Thursday, September 22nd 2011 - 21:17 UTC
Decisive day for striking students and Chile’s class oriented education system

Thursday’s march by Chilean striking students and their supporters may signal an end to an unprecedented four months of student unrest – if the number of demonstrators proves to be small.