Stories for May 3rd 2012

Thursday, May 3rd 2012 - 07:19 UTC
Brazil working on package to further lower interest rates without scaring savers

Brazilian President Dilma Rousseff plans to unveil changes to rules related to savings accounts on Thursday, government sources said, a key move to pave the way for lower interest rates in Latin America's largest economy.
Thursday, May 3rd 2012 - 07:04 UTC
French poultry processor in Brazil in talks to sell local subsidiary

Brazil’s meat giant JBS is the most likely buyer of a local subsidiary owned by a French poultry processor, according to news reports.
Thursday, May 3rd 2012 - 06:57 UTC
Remittances from Mexicans abroad climbed 5.3% in first quarter over a year ago

Remittances from Mexicans living abroad climbed 5.3% in the first quarter compared with the same period in 2011, Mexico’s central bank said on Wednesday.
Thursday, May 3rd 2012 - 06:38 UTC
Olympic Games joins Falklands’ dispute: “To compete in English soil, we train in Argentine soil”

As was somehow anticipated by Ambassador in UK Alicia Castro’s attitude, Argentina is determined to take advantage of the London Olympic Games global exposure to press for its claims over the Falklands Islands, as part of a plan allegedly called “Sowing for the Malvinas claim”.
Thursday, May 3rd 2012 - 03:06 UTC
“The Scream” sets new record as most expensive work of art at 120 million dollars

Norway’s Edvard Munch’s painting “The Scream,” one of the world's most recognizable works of art, sold for 120 million dollars at Sotheby’s on Wednesday, setting a new record as the most expensive piece of art ever sold at auction.
Thursday, May 3rd 2012 - 03:00 UTC
Brazil’s April trade surplus at its lowest in a decade, as imports soar to new record

Brazil’s trade surplus narrowed to its smallest in a decade for the month of April as imports jumped to their highest level on record for that period. In April the trade surplus fell to 881 million dollars from a surplus of 2 billion in March and 1.86 billion a year earlier.
Thursday, May 3rd 2012 - 02:55 UTC
UK welcomes Guatemala/Belize’s efforts to find legal solution to territorial dispute

Britain welcomed Guatemala and Belize's agreement to hold simultaneous referenda on referring their territorial dispute to the International Court of Justice. The territorial dispute of the Central American neighbors is centered on Guatemala claims since 1940 of most of Belize.
Thursday, May 3rd 2012 - 02:25 UTC
New worldwide Halal certification scheme for the food industry

Cert ID Europe, the leading certification business has joined forces with the Hijaz Group to form the Halal Authority Board (HAB) www.haboard.com, which will offer a new worldwide benchmark for Halal certification for the food industry.
Thursday, May 3rd 2012 - 02:19 UTC
UK describes incident of Ambassador Castro with Hague as “disappointing”

The United Kingdom ratified on its refusal to start any negotiation over the sovereignty of the Malvinas Islands, and considered “disappointing” the episode occurred on Monday between Argentine ambassador to London Alicia Castro and British Foreign Secretary William Hague.