Stories for 2011

Thursday, June 23rd 2011 - 00:21 UTC
Zamin Ferrous project in Uruguay to be submitted to referendum, says President Mujica

President Jose Mujica said that Swiss-based Zamin Ferrous iron-ore project feasibility study for an 18 million mt/year project has not been approved and given the controversy that has surfaced he supports the idea of holding a referendum on the project.
Wednesday, June 22nd 2011 - 23:54 UTC
Solar energy conference in Chile brings together world experts

Chile, a country where the demand for energy has skyrocketed over the past decade, experts are gathering to discuss another answer to Latin America’s increasing energy needs: solar power.
Wednesday, June 22nd 2011 - 23:47 UTC
Humala invites Morales to consider the re-unification of Peru and Bolivia

Peruvian president elect Ollanta Humala invited his Bolivian peer Evo Morales to consider bilateral integration, in which both countries would unite into a confederation as happened between 1836 and 1839.
Wednesday, June 22nd 2011 - 23:36 UTC
Fed admits it does not have a “precise read” of why US economy is slowing

The Federal Reserve has cut its growth forecast for the US economy in the face of the impact of higher energy prices. It now estimates that the US economy will expand between 2.7% and 2.9% this year, down from its April forecast of 3.1% to 3.3%.
Wednesday, June 22nd 2011 - 23:33 UTC
G20 agriculture summit to discuss food security and regulating global markets

World food prices that rose 37% in a year, driving 44 million more people into poverty, are a “plague” that needs action from world leaders now, said French President Nicolas Sarkozy during the two-day Group of 20 agriculture ministers in Paris.
Wednesday, June 22nd 2011 - 23:16 UTC
FIFA ethics committee confirms “convincing and overwhelming” evidence of corruption

FIFA's ethics committee found “comprehensive, convincing and overwhelming” evidence that Mohamed bin Hammam and Jack Warner were involved in attempted bribery, according to the preliminary report that led to the suspension of the two officials.
Wednesday, June 22nd 2011 - 23:11 UTC
Argentina’s Clarin owner siblings to have DNA blood tests on Friday

The (adopted) heirs of one of Argentina’s most powerful media conglomerates will have blood samples taken in a Buenos Aires hospital on Friday after they decided to voluntarily have DNA tests to determine whether they coincide with DNA samples of relatives from people killed during the Argentine dictatorship (1976/1983).-
Wednesday, June 22nd 2011 - 23:08 UTC
Latam millionaires ‘smarter’ than Asia-Pacific peers during 2007/10 recession

Millionaires in Latin America fared better than their compatriots in other regions during the global recession. A combination of a conservative investing streak and Latin America's brisk recovery helped millionaires in the region minimize losses in the last four years, according to the latest annual Merrill Lynch-Capgemini World Wealth Report.
Wednesday, June 22nd 2011 - 16:31 UTC
World’s largest bond fund predicts default for Greece “and other European economies”

The head of PIMCO, the world's biggest bond fund, predicted that Greece and other European economies would default on their debts to resolve their problems as the Euro area deals with its debt crisis.
Wednesday, June 22nd 2011 - 16:21 UTC
Brazil spots untouched Indian tribe in the Amazon jungle

One of Brazil's last untouched Indian tribes has been spotted in a dense region of the Amazon jungle close to the Peruvian border, the National Indian Foundation (FUNAI) reported. A couple of years ago another tribe was spotted in the same area in an Ethno-Environmental Protected Area along the Envira River.