Stories for 2011

Friday, September 9th 2011 - 15:49 UTC
ECB sovereign bond purchasing policy splits ECB; Germans quit in protest

The European Central Bank in Frankfurt confirmed in a Friday afternoon statement that its chief economist and executive board member Jürgen Stark had resigned “due to personal reasons.”
Friday, September 9th 2011 - 15:44 UTC
Small shareholders question Pemex stake doubling in Repsol-YPF

A group representing minority shareholders asked Spain’s CNMV stock market regulator to investigate the recent move by Mexican state oil company Pemex to double its stake in Spanish energy giant Repsol-YPF.
Friday, September 9th 2011 - 15:28 UTC
UK will reinforce and expand presence in Latin America, says Hague

The UK will reinforce and expand its diplomatic presence in Latin America beefing up embassies and reopening others that have been closed in recent years, said Foreign Secretary William Hague.
Friday, September 9th 2011 - 15:00 UTC
Oil discovery off French Guiana, “mirror” of Jubilee field off Ghana, says Tullow

Tullow Oil has announced an oil discovery from an exploration well off the coast of French Guiana. The drilling encountered 72 metres of net oil pay in two turbidite fans.
Friday, September 9th 2011 - 10:05 UTC
Venezuela blasts US for drug-listing four close aides of President Chavez

Venezuela strongly rejected on Thursday US sanctions against four close political allies of President Hugo Chavez as a “new action that is part of the permanent aggression Venezuela” by the United States.
Friday, September 9th 2011 - 10:01 UTC
Colombian guerrilla kill 13-year old girl for twice abandoning the group

A commander from the Revolutionary Armed Forces of Colombia, FARC, in the southern province of Tolima ordered the execution of a 13-year-old girl who had been turned over to the guerrillas by her mother on two occasions, an army spokesman said.
Friday, September 9th 2011 - 09:46 UTC
Brazil’s Embraer will develop and produce unmanned drones with Israeli tech

Brazil’s Embraer, the world’s fourth-biggest aircraft maker, announced Thursday an agreement with Israel’s Elbit Systems to develop and produce unmanned drones in the country.
Friday, September 9th 2011 - 09:43 UTC
Rousseff takes distance from ruling party’s intent to control the Brazilian media

The Brazilian government took distance from the ruling Workers Party demand for an urgent implementation of a controversial media bill, arguing the issue was not urgent.
Friday, September 9th 2011 - 09:37 UTC
Republicans say Obama 450bn jobs plan proposals “merit consideration”

President Barack Obama urged Thursday evening a joint session of the US Congress to end what he calls the “political circus” in Washington, and move rapidly to approve job creation legislation he is sending to Capitol Hill. There was no official rebuttal from the opposition Republicans.
Friday, September 9th 2011 - 09:33 UTC
US trade deficit drops significantly in July as exports climb and oil prices fall

The U.S. trade deficit in goods and services dropped 13.1% in July to 44.8 billion dollars, the Commerce Department said Thursday.