Stories for 2011

Tuesday, November 1st 2011 - 05:45 UTC
Development bank activity shows Brazilian economy slowing down

Loan disbursements at Brazil's state development bank BNDES will miss their initial target for the year, reflecting a rapid economic slowdown in Latin America's largest economy, the lender's top executive said on Monday.
Tuesday, November 1st 2011 - 05:36 UTC
Brazil’s net debt falls in September to 37.2% of GDP, lowest since 1997

Brazil’s net debt fell in September to its lowest level since 1997, as a 15% decline in the real last month boosted the value of the country’s near-record 353 billion dollars in foreign currency reserves.
Tuesday, November 1st 2011 - 05:28 UTC
Japan intervenes to lower the Yen after reaching a record high 75 to the US dollar

Japan sold the Yen for the second time in less than three months after it hit another record high against the dollar Monday, saying it intervened to counter excessive speculation that was hurting the world's No. 3 economy.
Tuesday, November 1st 2011 - 05:22 UTC
US confirms Obama/CFK meeting Friday: ‘opportunity for a positive relationship’

The US Government confirmed that president Barack Obama is scheduled to meet privately with President Cristina Fernández on Friday. The meeting will take place in Cannes, France one day after the G20 Summit begins.
Tuesday, November 1st 2011 - 05:10 UTC
The Euro crisis plays in favour of advancing EU/Mercosur trade negotiations

The worsening of the world crisis is a factor that plays in favour of advancing negotiations for the European Union and Mercosur cooperation agreement and strategic association, said Socialist Euro Deputy Luis Yañez from Spain currently visiting Montevideo.
Tuesday, November 1st 2011 - 05:03 UTC
Venezuela’s Chavez expropriates 290.000 hectares from the UK Vestey Group

Venezuela’s Hugo Chavez has ordered the expropriation of 290.000 hectares (716.590 acres) belonging to a British-owned company amid a disagreement over compensation for earlier takeovers of ranchland from the firm.
Tuesday, November 1st 2011 - 04:58 UTC
OAS faces critical financial situation; difficulties to pay salaries

The Organization of American States, OAS, faces a financial ‘crisis’ warned Monday Secretary General Jose Miguel Insulza after country members approved the 2012 budget totalling 85.3 million dollars, with no increase over the current level of expenditure.
Tuesday, November 1st 2011 - 04:56 UTC
Falkland's latest set of stamps features penguins, predators and preys

A set of stamps created by Falkland Islands artist Tony Chater entitled Penguins, Predators and Prey will be released on November 16.
Tuesday, November 1st 2011 - 00:50 UTC
Royal Navy displays abilities in the Solent during four-day high profile exercises

The full gamut of the Royal Navy's abilities was on show in the Solent last week, during a series of high-profile action-packed demonstrations. The Solent separates the Isle of Wight from mainland England and is the access to Southampton.
Monday, October 31st 2011 - 21:23 UTC
US stops funding of UNESCO following admission of Palestine

United States said on Monday it had stopped funding UNESCO, the U.N. cultural agency, following its vote to grant the Palestinians full membership.