Stories for May 24th 2012

Thursday, May 24th 2012 - 16:44 UTC
Brazil’s current account deficit compensated by heavy FDI during April

Brazil's monthly current account deficit rose sharply in April as the country's trade surplus faded and profit remittances and foreign travel costs increased, the Brazilian Central Bank said Thursday.
Thursday, May 24th 2012 - 16:41 UTC
Outbreak of tick fever kills 22 cattle in Australia; origin of the parasite unknown

Twenty-two cattle have been killed by tick fever in the New South Wales, Australia. Tick fever is caused by a parasite in red blood cells and the only thing that can spread tick fever is cattle ticks, reports Meat trade news daily.
Thursday, May 24th 2012 - 16:31 UTC
Despite Peruvian government report controversy over mysterious death of dolphins continues

The mystery surrounding the deaths of at least 877 dolphins in Peru deepened as the government said human activity was not to blame but failed to pinpoint a natural cause for the massive die-off.
Thursday, May 24th 2012 - 16:27 UTC
China to take measures to boost demand fearing economy slowdown

China has said it will take measures to boost demand and investment amid fears of a slowdown in its economy. The government said it will encourage private investment in sectors such as energy, railways and telecommunications.
Thursday, May 24th 2012 - 16:02 UTC
Falklands’ service to honour British Forces who lost their lives when landing for the recovery of the Islands

The Falkland Islands held a commemorative service to the memory of those who lost their lives thirty years ago when British Forces landed in the Islands for the final push against the occupying Argentine forces.
Thursday, May 24th 2012 - 05:40 UTC
Uninspired EU summit pledges support for Greece, but prepares for “Grexit”

European Union leaders pledged support for Greece on Thursday, vowing to keep the debt-wracked country in the Euro zone as officials prepared behind the scenes for a possible doomsday scenario of exit.
Thursday, May 24th 2012 - 05:35 UTC
“Blue” dollar in Argentina reaches 6.15 Pesos; 36% gap over official exchange

Wednesday was another day of intense trading for the money exchange market in Buenos Aires with the “blue” or black market dollar reaching a new record, 6.15 Argentine Pesos, which for the first time was higher than the system used for getting dollars out of the country.
Thursday, May 24th 2012 - 05:27 UTC
Immigration has been sidelined in the US at the expense of human capital growth

Immigration has been sidelined by the US government at the expense of economic and human capital growth, according to New York Mayor Bloomberg who blasted the US government for becoming so worried about reelection and so partisan that “they don't consider immigration as an economic strategy”.
Thursday, May 24th 2012 - 05:15 UTC
Falklands’ lawmaker accuses Argentina of “indiscriminate and uncontrolled” fishing

A member of the Falkland Islands elected Legislative Assembly criticized Argentina for “indiscriminate and uncontrolled” fishing and regretted the lack of cooperation in the conservation of South Atlantic fisheries.
Thursday, May 24th 2012 - 05:13 UTC
Glut of pigs in the US and China posed to halt four-year rally in prices

The heaviest and most numerous US pig population on record and rebounding Chinese output are creating a surplus that is poised to halt a four-year rally in prices, reports Meat Trade News daily.