Stories for 2011

Monday, February 14th 2011 - 23:37 UTC
Uruguay manufacturing recovered mildly in 2010: “industry is stagnant”

Uruguay’s manufacturing industry expanded 4.5% in 2010, but if the pulp industry hub is excluded the percentage drops to 3.5%, according to the latest release from the National Statistics Institute, INE.
Monday, February 14th 2011 - 22:32 UTC
South Korea leaves basic rate unchanged at 2.75%; inflation running at 4%

South Korea's central bank has left its main interest rate unchanged at 2.75%, bucking a trend that has seen borrowing costs rise across Asia as policymakers try to slow inflation.
Monday, February 14th 2011 - 21:50 UTC
Political agreement in Paraguay to impose export levies on soybeans and beef

The Paraguayan government is working with Congress to agree on budget cuts and possible tax increases, (levies on beef and soybean exports) that should help balance 2011 expenditure and revenue.
Monday, February 14th 2011 - 21:10 UTC
Indian company to begin Bolivian iron-ore exports; a million tons the first year

India’s Jindal Steel & Power plans this year to export 1 million tons of iron ore concentrate from Bolivia’s El Mutun mine, the firm said. Following on some problems that have been overcome, exports will begin in March reported Jindal Bolivia’s communications manager, Eduardo Prudencio.
Monday, February 14th 2011 - 21:07 UTC
Argentina hopes to reach an agreement with the Paris Club this month

Argentina’s Economy Minister Amado Boudou heads to France this week to participate in the G20 ministers meeting and will take advantage of the trip to further advance tentative negotiations to resolve the defaulted debt Argentina has with the Paris Club.
Monday, February 14th 2011 - 20:41 UTC
Argentine jiggers pleased with current squid season catch levels

Argentina’s catches of squid (Illex argentinus) are averaging 20 tons per day and there’s no activity outside the country’s Exclusive Economic Zone (EEZ), according to the first landing reports.
Monday, February 14th 2011 - 18:51 UTC
China “not too worried” about India/Brazil’s criticism of Yuan policy

In spite of United States inciting Brazil and India to criticise China's currency policy, Beijing need “not worry too much” because it can defuse the tension through talks, according to Chinese officials.
Monday, February 14th 2011 - 15:59 UTC
Egyptian military promise constitutional referendum in 2 months

Egyptian pro-democracy activist Wael Ghonim said Monday the country's new military rulers have promised him that a referendum will be held on a revised constitution in two months.
Monday, February 14th 2011 - 15:53 UTC
China’s trade surplus drops considerably in January ahead of G-20 meeting

China's trade surplus fell to its lowest in nine months in January after imports surged, supporting the government's case ahead of a G20 meeting that it is doing enough to spur domestic demand without speeding up currency appreciation.
Monday, February 14th 2011 - 15:46 UTC
Germany opposed to ECB buying sovereign bonds from indebted members

Germany's hopes for the next European Central Bank (ECB) chief to be a German have been hit after another possible candidate ruled himself out of the job. Ex-finance minister Peer Steinbrueck said he was not interested in the role as he shared the same views as outgoing Bundesbank President Axel Weber.