Stories for 2011

Saturday, February 12th 2011 - 05:31 UTC
Brazil and Argentina will reject ‘commodity prices regulation’ at G20

Brazil and Argentina came out Friday against a French proposal to be put to the G20 to regulate commodity prices whose recent rises are blamed for a spike in food costs.
Saturday, February 12th 2011 - 05:21 UTC
Who do you believe? CFK’s January 0.7% inflation or private consultants 2%

Argentina’s official and controversial consumer price index in January increased 0.7%, a number disputed by private institutions that argue inflation in the first month of 2011 reached a floor of 2%.
Saturday, February 12th 2011 - 05:17 UTC
Brazilian shipyard wins Petrobras 4.6 billion contract for seven ultra-deep rigs

Brazil's government managed oil and gas giant Petrobras said on Friday that local shipyard Estaleiro Atlantico Sul (EAS) had won the tender to build seven drilling rigs in Brazil.
Saturday, February 12th 2011 - 05:08 UTC
Mubarak’s downfall: the view from a privileged observer, Israel

Israel’ former ambassador to Egypt was particularly pessimistic Friday after hearing of President Hosni Mubarak's dramatic resignation. Zvi Mazel anticipated that the Egyptian Army will rule for years: it’s a whole new world, with no one left to lead the pragmatic states”
Friday, February 11th 2011 - 21:20 UTC
US trade deficit soars 33% in 2010 as China imports hit record level

The US trade deficit widened in December to its highest level in four months, the US government said in a report that also showed the annual trade gap expanded nearly 33% in 2010 as imports from China hit record levels.
Friday, February 11th 2011 - 21:02 UTC
Switzerland freezes assets that may belong to ex President Mubarak

Switzerland has frozen assets that may belong to Hosni Mubarak, who stepped down on Friday as president of Egypt after 30 years of rule, the foreign ministry said.
Friday, February 11th 2011 - 20:58 UTC
Chile and Uruguay on the path to nuclear energy, confirms AIEA

Chile and Uruguay and another fifteen countries have officially presented plans to the International Atomic Energy Agency for the construction of nuclear plants, revealed AIEA following a four-day meeting on the issue in Vienna.
Friday, February 11th 2011 - 20:16 UTC
Fruit and vegetables in Chile forecasted to soar 20% because of the drought

Chilean farmers and produce distributors estimate that prices will increase for some fruits and vegetables by as much as 10 to 20% within the next 60 days, due to water shortages in northern and central Chile.
Friday, February 11th 2011 - 20:06 UTC
Falklands’ Rockhopper latest well strikes quality reservoir and samples of live oil

A well drilled by Rockhopper Exploration off the Falkland Islands struck a good quality reservoir that bodes well for further development in the area announced the UK explorer in a release.
Friday, February 11th 2011 - 18:38 UTC
Brazil tightens mining legislation focused on local processing and jobs

Brazil announced an overhaul of the management of its mineral resources and booming mining industry geared to end what it describes as “reverse specialization” based on the export of raw unprocessed minerals with minimum benefit for local labour and processing industry.