Stories for July 7th 2012

Saturday, July 7th 2012 - 05:27 UTC
Brazil June inflation lowest in two years helped with temporary tax breaks

Brazil’s inflation slowed to its lowest in almost two years on temporary tax breaks for autos, paving the way for more interest rate cuts as the government tries to revive economic growth.
Saturday, July 7th 2012 - 05:18 UTC
Chile sets out its defence strategy targets emphasizing global cooperation

The Chilean government released its new 2012-2024 National Defence and Security Strategy (ENSYD) this week which promises to address “new threats” to Chilean security in an international context.
Saturday, July 7th 2012 - 05:15 UTC
Argentina ends double taxing treaty with Chile which was running since 1976

Chilean Foreign Minister Alfredo Moreno regretted Argentina’s decision to end a double taxing agreement which was running since 1976 and exempts Chileans and Argentines making business in the neighbouring country from paying taxes as long as they are already contributors at home.
Saturday, July 7th 2012 - 05:12 UTC
Euro crisis “the greatest external economic risk” for Latinamerican growth

The Euro crisis is the “greatest external economic risk” for Latinamerica warned the Inter American Development Bank Luis Alberto Moreno who nevertheless said he was convinced the world with end acknowledging the efforts from the European Union and Spain.
Saturday, July 7th 2012 - 01:57 UTC
Relief for Humala: major Army victory over Shinning Path, dilutes anti-mining violence

Peruvian police captured 11 Shining Path rebels and freed 10 children thought to be in combat training, President Ollanta Humala said on Friday after a string of military setbacks and a week of anti-mining violence.
Saturday, July 7th 2012 - 01:37 UTC
Strong demand for Falklands beef: MPA burgers and the oil industry

The Falkland Islands national beef herd could be doubled to meet current and potential markets, farmers heard at a Falklands Meat Company, FMC, meeting this week in Stanley.
Saturday, July 7th 2012 - 01:18 UTC
Faulty sensors and inadequate pilot training caused Air France Flight 447 tragedy

French investigators say faulty sensors and inadequate pilot training caused Air France's Rio-to-Paris 447 flight to crash into the Atlantic in 2009. Their final report caps a bitter row between the airline and Airbus.
Saturday, July 7th 2012 - 01:11 UTC
“Collusion” much to do with Japan’s Fukushima nuclear crisis, says expert panel

Japan's Fukushima nuclear crisis was a preventable disaster resulting from “collusion” among the government, regulators and the plant operator, an expert panel said, wrapping up an inquiry into the worst nuclear accident in 25 years.
Saturday, July 7th 2012 - 01:02 UTC
Europe’s tallest skyscraper the Shard opens in London with 26 floors of vacant office space

Europe's tallest skyscraper the Shard was inaugurated in London in a dazzling sound and light show befitting its status as the capital's brashest and most controversial building.
Saturday, July 7th 2012 - 00:58 UTC
Argentina to pay maturing debts in third quarter with central bank reserves

The Argentine central bank will affect 4.165 billion dollars from the bank’s freely available reserves to honour government debt maturing in the third quarter, it was officially announced.