Stories for January 2012

Sunday, January 8th 2012 - 05:25 UTC
India targets 50bn dollars trade with Latam by 2014; Latam assessing ‘China euphoria’

Latin America trade with India could go up to 50 billion dollars by 2014 on the back of projected high economic growth in both the regions, said R. Viswanathan, India's ambassador to Argentina, Uruguay and Paraguay.
Sunday, January 8th 2012 - 05:23 UTC
IMF says Euro will survive 2012; global growth forecast lowered

The Euro is likely to survive 2012 despite the debt crisis in the Euro currency zone, according to International Monetary Fund Managing Director Christine Lagarde.
Sunday, January 8th 2012 - 05:22 UTC
Chavez names Defence minister Army officer described by the US as a “drug kingpin”

Venezuelan President Hugo Chávez named as Defence minister General Henry Rangel Silva, who the United States has described as a “drug kingpin” linked to cocaine smuggling from neighbouring Colombia.
Sunday, January 8th 2012 - 05:20 UTC
Two electronic companies increase investments in Tierra del Fuego

Two companies involved in electronics announced investments of 450 million Argentine Pesos (over 100 million dollars) in Tierra del Fuego for the production of electrical appliances.
Sunday, January 8th 2012 - 05:18 UTC
Obama calls on US companies to ‘in-source’ jobs; unemployment falls to 8.5%

President Barack Obama kicked off an effort to encourage US businesses to keep jobs at home instead of outsourcing them overseas, as he rolled out a new election-year theme aimed at courting middle-class voters.
Sunday, January 8th 2012 - 05:16 UTC
PM Cameron says shareholders should vote on bosses’ pay; end to “crony capitalism”

Bosses' pay should have to be approved by votes among shareholders as part of efforts to restrain rising inequality Prime Minister David Cameron was quoted as saying in an interview with the Sunday Telegraph.
Sunday, January 8th 2012 - 05:14 UTC
Spain opens tax evasion “hunting season” and targets 8 billion Euros

Spain’s new Conservative Government announced this week a wide ranging plan against fiscal fraud and tax evasion by which it hopes to recoup over 8 billion Euros for treasury coffers in 2012 alone. And it has also announced it will be engaging countries which have ceased to be tax-havens in order to step up the Government’s efforts against tax evasion in Spain.
Sunday, January 8th 2012 - 05:12 UTC
Chilean artist illustrator and storyteller of Disney’s Donald Duck dies

Chilean artist and storyteller Victor Arriagada died last week following a long struggle with leukaemia. He leaves behind a legacy of characters, stories and artwork which will continue to thrill readers for decades to come.
Sunday, January 8th 2012 - 05:10 UTC
Shrinking sea ice cover in north Canada threatening seal population, says report

Shrinking sea ice cover in the North Atlantic over the past three decades due to warming has led to a “dramatic” spike in deaths among seal pups, a new US study says, offering a glimpse into a population issue while numbers are still abundant.
Saturday, January 7th 2012 - 15:41 UTC
Argentine president rests in Olivos residence; no cancerous cells detected

Argentine President Cristina Fernandez was discharged from hospital midday Saturday three days after surgery and following on the announcement that “medical tests have ruled out the presence of cancerous cells in her thyroid gland”.