Stories for 2011

Thursday, February 17th 2011 - 22:30 UTC
IMF head scheduled to visit Uruguay and Brazil next March; skips Argentina

IMF Managing Director is scheduled to visit Uruguay next month where he will meet President Jose Mujica and his economic team before flying to Brazil. Dominique Strauss-Khan will arrive in Uruguay from Panama and is not scheduled to visit Argentina, according to Uruguayan government sources.
Thursday, February 17th 2011 - 03:51 UTC
First major legislative victory for Rousseff: keeps minimum wage on target

Brazil's Lower House approved Wednesday a government proposal to limit a minimum wage increase to 545 Real a month, handing President Dilma Rousseff her first major legislative victory.The proposal will be voted on in the Senate next week, where it is expected to be approved.
Thursday, February 17th 2011 - 03:46 UTC
First woman cop-chief for Rio do Janeiro 12.000 strong police force

A woman has been named to head Brazil’s Rio do Janeiro police department for the first time following a corruption scandal that led to the arrest of more than 30 police and military officials, officials said Wednesday.
Thursday, February 17th 2011 - 03:25 UTC
Brazil as concerned with the US dollar as with China’s Yuan

Brazil is as concerned about the decline of the U.S. dollar as it is about the Chinese currency and has no plans for a joint initiative with Washington to press China to let its currency appreciate faster, said Finance Minister Guido Mantega
Thursday, February 17th 2011 - 03:22 UTC
International tourism influx to Argentina increased 27.1% during 2010

The number of foreign tourists visiting Argentina jumped 27.1% in 2010 compared to the year before, while dollars spent increased 25.9% according to air and sea arrivals and City of Buenos Aires numbers compiled by the country’s Statistics and Census Office, Indec.
Thursday, February 17th 2011 - 03:11 UTC
TAM Airlines maintained its market leadership in Brazil

The Brazilian National Civil Aviation Agency (ANAC) has published its operational data for the month of January 2011.
Thursday, February 17th 2011 - 02:45 UTC
Seized cargo incident: US government “has no reason to apologize” to Argentina

US Assistant Secretary of State for Public Affairs Philip Crowley assured that the US government “has no reason to apologize” to Argentina in the case of the “sensitive materials” that were seized in a US Air Force plane by the local government last week, amid accusations of “attempting to smuggle surveillance and communications equipment.”
Thursday, February 17th 2011 - 02:38 UTC
The Fed confident about economic recovery but depressed with job market

US Federal Reserve officials are increasingly confident of the economic recovery but remain unsatisfied with the healing of the job market, minutes of their January meeting released showed.
Thursday, February 17th 2011 - 02:35 UTC
Argentina’s January industrial production expanded 10.3% over a year ago

Argentina's industrial production in January continued to expand at a quick pace, led by strong output of machinery and equipment, food, non-metallic minerals and chemicals, a local think tank reported Wednesday.
Thursday, February 17th 2011 - 01:58 UTC
Brazil injects 27 billion USD to subsidized-loans development bank

Brazilian state-run development bank BNDES will receive at least 45 billion Real or 27 billion US dollars from the government to extend its program of low-cost loans for supporting company investments in capital goods, local media reported this week.