Stories for January 2012

Saturday, January 21st 2012 - 05:41 UTC
Members of G20 say Europe needs to take extra steps to solve its problems

The Group of 20 economic powers will push Europe to take extra steps as it works toward a deal to boost resources for the International Monetary Fund, Mexico Deputy Finance Minister Gerardo Rodríguez said on Friday.
Saturday, January 21st 2012 - 05:38 UTC
Argentine industry requests postponement of the new imports scheme

Argentine manufacturers have requested the administration of President Cristina Fernandez to delay the implementation of the new imports scheme which is scheduled to begin next February first fearing it could cause delays in the supply of non local inputs.
Saturday, January 21st 2012 - 05:36 UTC
Italian cabinet approves legislation to deregulate services and professions

Italy's cabinet on Friday approved legislation to deregulate service sectors and professions in an effort to increase competition, cut costs to consumers and boost chronically weak growth in the Euro zone's third largest economy.
Saturday, January 21st 2012 - 05:34 UTC
Cristina Fernandez rests in the Atlantic coast; medical leave ends next Tuesday

Argentine President Cristina Fernández, on medical leave, took her first trip following surgery earlier this month and is spending the weekend with her children Máximo and Florencia at the presidential summer residence of Chapadmalal.
Saturday, January 21st 2012 - 05:32 UTC
Kodak given a year to reshape business out of bankruptcy

Eastman Kodak Co. has a little more than a year to reshape its money-losing businesses and deliver a get-out-of-bankruptcy plan. Girded by a 950 million dollar financing deal with Citigroup Inc., the photography pioneer aims to keep operating normally during bankruptcy while it peddles a trove of digital-imaging patents.
Saturday, January 21st 2012 - 05:26 UTC
GM regains in 2011 title as the world’s top selling automaker

General Motors Co regained its title as the world's top-selling automaker in 2011, less than three years after its 2009 taxpayer-funded bankruptcy under the Obama administration.
Friday, January 20th 2012 - 16:28 UTC
Brazil plans to counter Argentina’s latest imports’ measures, if they affect trade

Brazil has plans to counter the latest battery of trade restrictions which Argentina announced, if they turn out to the barriers for Brazilian exports, reported the influential Folha de Sao Paulo.
Friday, January 20th 2012 - 15:24 UTC
Global average temperature in 2011 the ninth warmest in modern records

The global average temperature in 2011 was the ninth-warmest in the modern meteorological record, continuing a trend linked to greenhouse gases that saw nine of the 10 hottest years occurring since the year 2000, NASA scientists said this week.
Friday, January 20th 2012 - 15:15 UTC
Buenos Aires reacts to Brazilian comments that Argentina is “a permanent problem”

Reacting to Brazil’s trade minister Fernando Pimentel comments describing Argentina as “a permanent problem” Industry Minister Debora Giorgi said that “the trade balance reality between Argentina and Brazil does not warrant Pimentel's complaints”.
Friday, January 20th 2012 - 14:45 UTC
Falklands/Malvinas bilateral issue, but Islands are covered by EU as British OT

The European Union considers that the new tense situation between Argentina and the UK over the Falklands/Malvinas Islands is a “bilateral issue”, however the Falklands figure under EU treaties as a British Overseas Territory, said the EU Foreign Affairs Representative spokesperson.