Stories for April 2012

Tuesday, April 10th 2012 - 05:36 UTC
Mexico presidential front runner wants PEMEX to emulate success of Petrobras

Mexico’s presidential front-runner wants state oil monopoly Petroleos Mexicanos (Pemex) to emulate the success of Brazil’s Petrobras and ramp up private-sector involvement that could possibly pave the way for a stock listing in the future.
Tuesday, April 10th 2012 - 05:32 UTC
US and Brazil plan to exchange toasts with cachaça and Tennessee whiskey

US and Brazil plan to boost trade and cooperation in their respective national drinks, cachaça (distilled sugar cane liquor used to make caipirihna cocktails, and Tennessee whisky. The letter of intent was signed Monday by US Trade Representative Ron Kirk and Brazil’s Trade Minister Fernando Pimentel.
Tuesday, April 10th 2012 - 05:17 UTC
Boeing and Embraer sign agreement on safety, efficiency and productivity

US Boeing and Brazil’s Embraer signed an agreement Monday to work cooperatively on aircraft safety, operational efficiency and manufacturing productivity.
Tuesday, April 10th 2012 - 05:12 UTC
Argentine factory begins production of Pampa training aircraft with German help

Argentina’s government controlled Aircraft Factory, Fadea, plans a production of 100 Pampa II training and combat aircraft at its plant in Cordoba in association with the German company Grob Aircraft AG, it was announced.
Monday, April 9th 2012 - 22:38 UTC
Thirty years after the war, Falklands under siege by a volatile Argentina

A book published this week in Britain takes an in-depth look at the Falkland Islands 30 years on from the short but deadly conflict of 1982. “Fortress Falklands – Life Under Siege in Britain’s Last Outpost”, is written by journalist Graham Bound. Although normally resident in the United Kingdom, Bound is an Islander, and he returned to the Falklands to report on a situation that he says is more volatile and dangerous than it has been at any time since 1982.
Monday, April 9th 2012 - 15:50 UTC
China’s inflation rebounds in March conditioning easier monetary policy

China's inflation rebounded slightly in March after logging an extremely low growth in February, backing lingering uncertainty regarding the country's ability to contain price rises.
Monday, April 9th 2012 - 15:40 UTC
China planning 200m state of the art icebreaker for service in 2014

A new icebreaker is scheduled to join Xuelong, China’s only Antarctic research vessel, in 2014, highlighting Beijing’s ambition for further exploration and scientific study in polar regions.
Monday, April 9th 2012 - 06:20 UTC
Argentine government in full force support Vice-president accused of embezzlement

The Argentine government came out in full force over the weekend to back Vice-President Amado Boudou after he was accused of embezzlement in what become known as the “Ciccone Case”.
Monday, April 9th 2012 - 06:17 UTC
FT says UK trying to collect £ 45m Argentina used in the Falklands’ conflict

According to a piece from the Financial Times Britain is chasing £45m of debt owed by the Argentine government that was lent to the military Junta in 1979 and used, in part, to buy weapons that were later used during the Falkland Islands in 1982.
Monday, April 9th 2012 - 06:07 UTC
Memorial cruise of the Titanic with 1.309 passengers sets off from Southampton

Descendants of those who died in the Titanic disaster 100 years ago have set sail on a memorial cruise to the site of the wreck. The MS Balmoral left Southampton on Saturday on a 12-night cruise to commemorate the centenary of the sinking of the liner that hit an iceberg on its maiden voyage.