Stories for 2011

Friday, August 26th 2011 - 03:41 UTC
US weekly jobless claims up; fears of slowdown conditions labour market

Initial US weekly jobless claims surged to 417,000 last week, dimming hopes of an imminent recovery in the jobs market, the US Labour Department said Thursday.
Friday, August 26th 2011 - 03:32 UTC
Chilean judge to probe death of Air Force general, father of ex president Bachelet

The same judge probing the death of deposed Chilean President Salvador Allende will now investigate the death of Allende's loyal general Alberto Bachelet, whose daughter eventually became Chile's first female president.
Friday, August 26th 2011 - 03:26 UTC
“Chavez’ Venezuela has no chance of joining Mercosur” says Paraguay Congress

Paraguay’s vote in support of Venezuela’s full integration to Mercosur seems more distant than ever as was confirmed by the country’s Senate Foreign Relations committee to Brazilian ambassador Eduardo Dos Santos.
Friday, August 26th 2011 - 03:22 UTC
Mercosur/Israel trade deal comes into effect following Argentina’s signature

A free trade agreement between Israel and Argentina is set to come into effect on September 9, the Israeli Industry, Trade and Labour Ministry announced this week.
Friday, August 26th 2011 - 03:16 UTC
Amazon has a twin river that flows 4.000 metres below the ground

Brazilian scientists say they have found signs of a huge underground river flowing far beneath the Amazon River, reports O Estado de Sao Paulo.
Friday, August 26th 2011 - 03:14 UTC
Greenpeace claims top-brand clothing garments tainted with toxic chemicals

Toxic chemicals harmful to the environment and to human health have been detected in products made by 14 top clothing manufacturers, Greenpeace said this week.
Friday, August 26th 2011 - 03:10 UTC
Delta decides to buy American and orders 100 Boeing 737 worth 8.5bn dollars

Delta Air Lines Inc. agreed to buy 100 Boeing Co. 737 single-aisle jets with a catalogue value of 8.5 billion dollars as the carrier postponed plans to buy another 100 smaller jets from Brazil’s Embraer SA or Canada’s Bombardier Inc.
Friday, August 26th 2011 - 03:08 UTC
Warren Buffett comes to the rescue of Bank of America

US billionaire Warren Buffett's company Berkshire Hathaway has announced it is investing 5 billion dollars in Bank of America. News of the famous investor's move sent Bank of America's shares up by 25%, before moving back to 10% ahead.
Friday, August 26th 2011 - 02:55 UTC
UN and Amnesty praise Peruvian law on consultation with indigenous peoples

The UN Special Rapporteur on the rights of indigenous peoples, James Anaya and Amnesty International praised the approval of a law on consultation with indigenous peoples by the Congress of Peru and called on President Ollanta Humala for its quick promulgation and implementation.
Friday, August 26th 2011 - 02:52 UTC
Mining companies agree to pay Peru an extra billion dollars annually

Peru has reached an agreement with mining companies that will raise the industry’s annual payments to the government to about one billion dollars, the government said on Thursday, fulfilling a campaign promise by President Ollanta Humala.