Stories for 2011

Wednesday, August 31st 2011 - 00:58 UTC
Hundreds of thousands remain without electricity in north east US and Quebec

The cleanup after tropical storm Irene continued Tuesday across the Canadian province of Quebec, where the storm washed out roads, downed power lines and possibly contributed to one death. An 81-year old man died after he disappeared for several hours during the storm northeast of Montreal.
Wednesday, August 31st 2011 - 00:53 UTC
IMF slashes growth forecasts for US and Euro zone; warns against higher rates

The IMF has slashed its growth forecasts for the United States and said the Federal Reserve and the European Central Bank must be ready to ease policy.
Wednesday, August 31st 2011 - 00:47 UTC
Warm reception for Strauss-Kahn in his first return to the IMF

Former IMF chief Dominique Strauss-Kahn apologized Monday to the institution's staff in his first return visit since charges of sexual assault against him were dropped last week. He was greeted with warm applause.
Wednesday, August 31st 2011 - 00:40 UTC
FAO urges readiness against possible major resurgence of H5N1 avian influenza

FAO urged heightened readiness and surveillance against a possible major resurgence of the H5N1 Highly Pathogenic Avian Influenza amid signs that a mutant strain of the deadly Bird Flu virus is spreading in Asia and beyond, with unpredictable risks to human health.
Wednesday, August 31st 2011 - 00:29 UTC
Latam and Caribbean exports forecasted to expand 27% this year, says ECLAC

The value of goods exported from Latin America and the Caribbean will grow by 27% in 2011, which is similar to that of last year according to a report presented in Santiago, Chile, by the Economic Commission for Latin America and the Caribbean (ECLAC).
Tuesday, August 30th 2011 - 05:55 UTC
Brazil to increase primary surplus and make room for cut in interest rates

Brazil plans to further contain government spending this year to prepare the country for a global slowdown and make room for a cut in interest rates, Finance Minister Guido Mantega said on Monday.
Tuesday, August 30th 2011 - 05:53 UTC
Carbinero killed Chilean teenager; General, officers and several privates expelled

Following trials with over 500 weapons, Chilean prosecutor Jorge Martínez confirmed that the bullet which killed 16 year old Manuel Gutierrez was fired by the Uzi sub-machinegun carried by Carbineros officer Miguel Millacura on the night of August 25 during the students' protest..
Tuesday, August 30th 2011 - 03:56 UTC
Nobel laureate praises Argentina; tells US and EU spending is the way out of recession

United States and the European Union “are using the same recipe that the IMF applied on Argentina” to address the current global financial crisis and this only leads to “stagnation” said Nobel laureate Joseph Stiglitz attending a gathering of Nobel Prize recipients and young economists in Lindau, Germany.
Tuesday, August 30th 2011 - 03:55 UTC
CFK instructions for the day after: public spending cap of 20% for 2012 budget

Argentina's 2012 budget bill aims to cap public spending growth at 20%, below current rates of more than 35%, as state expenditure surges ahead of the October presidential election, according to a newspaper report on Monday.
Tuesday, August 30th 2011 - 03:54 UTC
Argentina regulator to investigate YPF and Repsol YPF on accounting standards

Argentina’s securities regulator said it will investigate the chairman and chief executive officer of YPF SA, the nation’s largest oil producer, as part of a probe into the company’s accounting.