Stories for May 2012

Wednesday, May 30th 2012 - 05:12 UTC
Merger in Brazil creates market leader in sugar, rice and canned fish

Brazilian sugar and ethanol producer Cosan and the country's largest rice producer, Camil Alimentos, reached an agreement to merge their food divisions, Cosan said in a statement this week.
Wednesday, May 30th 2012 - 05:01 UTC
Brazilian petrochemical expands to Uruguay and buys local plant

Brazilian petrochemical conglomerate Ultrapar Paticipacoes SA announced it had purchased Uruguay’s American Chemical for 79 million dollars. Ultrapar is also linked to businesses in fuels and liquids storage, according to a Brazilian securities filing on Monday.
Wednesday, May 30th 2012 - 04:43 UTC
If lucky at the end of the labyrinth, CFK might bless you with a few bucks

The following is an instructive of the steps to follow in the labyrinth set up by the Argentine bureaucracy to have access to a limited amount of US dollars. The instructive should help clear some of the latest measures implemented by the administration of President Cristina Kirchner and was published on Tuesday by The Buenos Aires Herald and Ambito Financiero.
Wednesday, May 30th 2012 - 04:30 UTC
Argentines will have “to change their mentality and start thinking in Pesos”

Argentine Senator Aníbal Fernández and Interior Minister Florencio Randazzo came on stage in defence of the new restrictions placed on the purchase of dollars by assuring “they are there to preserve the value of the currency,” and that further actions might be taken.
Wednesday, May 30th 2012 - 04:22 UTC
GLOBE convening first World Summit of Legislators at Rio, ahead of Earth summit

How many times have government leaders pledged to reduce carbon emissions or tackle the accelerating loss of biodiversity? If statements and pledges were all that it took to fix the biggest global challenges, the world would not be faced with dangerous concentrations of greenhouse gases, shrinking rainforests and extinctions at up to 1,000 times the natural rate.
Wednesday, May 30th 2012 - 04:06 UTC
High wages and regulations making EU companies in China think twice

One in five European companies operating in China may invest elsewhere in the future as wages are getting too high and regulations too cumbersome, according to a poll released Tuesday.
Wednesday, May 30th 2012 - 03:50 UTC
Mining conflict in Peru escalates and will force Humala to take sides

Hundreds of Peruvians marched in support of the country's biggest-ever mining project, a day after the government implemented emergency powers to control an anti-mining protest in the South that turned deadly.
Tuesday, May 29th 2012 - 22:17 UTC
Opinion poll shows majority of Chileans want to change the electoral system

A survey released this Thursday placed Chile’s long-controversial binominal electoral system under further scrutiny after revealing that 63.2% of respondents are in favour of electoral reform, while only 24.6% wish to keep the binominal system as is.
Tuesday, May 29th 2012 - 20:13 UTC
Fidel Castro an unchallenged master-spy, admits veteran CIA analyst in a book

Almost three decades after Fidel Castro took power, Cuba's budding intelligence service fielded four dozen double agents in a world-class operation under the nose of the CIA, according to a new book by a veteran CIA analyst.
Tuesday, May 29th 2012 - 20:07 UTC
“Flame” the most sophisticated malware uncovered targeted Middle East and Israel

A complex targeted cyber-attack that collected private data from countries such as Israel and Iran has been uncovered, researchers have said. Russian security firm Kaspersky Labs told the BBC they believed the malware, known as Flame, had been operating since August 2010.