Stories for 2011

Monday, November 14th 2011 - 06:49 UTC
Positive market reactions as Monti begins task of forming new government in Italy

Mario Monti is starting work to form a new government to lead Italy out of its acute debt crisis which prompted the resignation of Silvio Berlusconi. The appointment of Mr Monti, an ex-EU commissioner, was announced by Italy's president on Sunday.
Monday, November 14th 2011 - 06:32 UTC
Brazilian troops take over Rio’s main favela without firing a shot

Three thousand troops backed by helicopters and armoured vehicles occupied Rio de Janeiro's largest favela (slum) without firing a shot, the biggest step in the Brazilian city's bid to improve security and end the reign of drug gangs.
Monday, November 14th 2011 - 06:32 UTC
Prince Andrew reveals Falklands’ conflict experiences and anxieties

Prince Andrew, the Duke of York, who served with the Royal Navy as a Sea King helicopter co-pilot in the Falkland Islands conflict, said that in spite of confidence in recovering “British territory” there was anxiety on the air carrier whether “we were doing the right thing”.
Monday, November 14th 2011 - 06:24 UTC
Spain conservatives set for landslide victory and outright majority in parliament

Spain's opposition conservative Popular Party (PP) has maintained the strong margin with which it is expected to win this month's general election, with a runaway lead of between 14 and 18 percentage points over the ruling Socialists, two opinion polls showed Sunday.
Monday, November 14th 2011 - 06:16 UTC
Falklands’ deployment of Prince William not intended to be a “provocative act”

Britain's chief of armed forces David Richards denied that the recent announcement of the deployment of Prince William to the Falklands Islands was a “provocative act” towards Argentina.
Saturday, November 12th 2011 - 12:46 UTC
Brazil’s October consumer inflation down but still above target

Consumer price increases slowed month-on-month in Brazil in October, according to the Brazilian Institute of Geography and Statistics, IBGE. The official IPCA consumer price index gained 0.43% in October compared with a 0.53% rise in September.
Saturday, November 12th 2011 - 12:45 UTC
Brazil eases capital requirements for some consumer loans

Brazil’s central bank cut capital requirements for some consumer loans with maturities of up to five years, including car loans, as it seeks to fine tune measures taken last year to prevent excessive risk in the financial system.
Saturday, November 12th 2011 - 11:22 UTC
Iguazu Falls chosen as one of the natural seven wonders of the world

The Iguazú Falls located on the border of Argentina and Brazi and consisting of approximately 257 individual falls over 2.7 kilometres were chosen as one of the new natural seven wonders of the world in a contest in which thousands of people voted via text messages, by phone and online. The result will be made official in 2012 with a big celebration.
Saturday, November 12th 2011 - 11:19 UTC
“Super” Mario Monti to the rescue of foundering Italy (and the Euro)

The man who is ready to succeed outgoing Silvio Berlusconi as Italy’s next Prime Minister is a well respected economist and tough negotiator “Super” Mario Monti.
Saturday, November 12th 2011 - 11:17 UTC
Putin running for president praises Berlusconi 17-year tenure as a “stability factor”

Russian Prime Minister Vladimir Putin praised outgoing fellow political veteran Silvio Berlusconi and defended his own decision to remain in power for years to come in front of an audience of foreign experts.