Stories for August 29th 2012

Wednesday, August 29th 2012 - 06:05 UTC
Clinton and Blair praise Brazil’s economic and social advance in two decades

Brazil appears to have the best long-term prospects among rising economic powers, thanks to its stable policy framework, ample natural resources and good relationship with its neighbours, former U.S. President Bill Clinton said on Tuesday in a ringing endorsement of an economy that has struggled lately.
Wednesday, August 29th 2012 - 05:59 UTC
Brazil to deploy first floating oil terminal for refueling tankers in the high seas

Brazil’s energy giant Petrobras said on Tuesday it will deploy the world’s first floating oil terminal capable of refueling tankers on the high seas.
Wednesday, August 29th 2012 - 03:26 UTC
Cristina Fernandez re-election initiative spurs rejection from opposition

Argentine president Cristina Fernandez is totally in agreement with a constitutional review opening the way for a third consecutive re-election, claimed the main opposition party president who anticipated political forces will rally to try and stop the initiative.
Wednesday, August 29th 2012 - 03:20 UTC
Magallanes Region has a new governor and will take office on Sunday

The Chilean Executive announced this week the new Intendente (governor) of the extreme south region of Magallanes and Chilean Antarctica. His name is Mauricio Peña y Lillo Correa and replaces Arturo Storaker who resigned to the post last 9 August.
Wednesday, August 29th 2012 - 03:07 UTC
US government sales soared to 66.3bn dollars in 2011; Saudis main buyers

US government sale of weapons soared by over three times in just one year - from 21.4 billion dollars in 2010 to 66.3 billion in 2011, the largest for a single year in the history of the US arms export program, according to a report by the US Congress Research Service.
Wednesday, August 29th 2012 - 03:02 UTC
Daughter of Cuban economy “reforms tsar” flees to the US and is living in Tampa

The 24-year-old daughter of Cuban Vice President Marino Murillo, sometimes mentioned as a possible successor to ruler Raul Castro, defected earlier this month and is now living in Tampa, Florida, according to Miami’s El Nuevo Heraldo.
Wednesday, August 29th 2012 - 02:56 UTC
Falklands’ Shallow Marine Survey Group shares beauty of South Georgia waters

The Shallow Marine surveys Group, which normally operates around the Falkland Islands, completed what they described as a, “highly productive expedition,” to South Georgia earlier this year, exploring the sub-tidal and inter-tidal habitats along the island’s north coast.
Wednesday, August 29th 2012 - 02:43 UTC
Argentina blasts UK “arrogant” approach to Assange case and Falklands’ dispute

The Argentine Ambassador to the United Kingdom Alicia Castro said on Tuesday that the UK’s “arrogant” approach to the Julian Assange’s case “was similar” to its approach to Argentina and particularly, the sovereignty dispute over the Falklands/Malvinas Islands.
Wednesday, August 29th 2012 - 02:29 UTC
Obama warns of flooding and evacuations as hurricane Isaac advances on the Gulf Coast

”President Barack Obama warned residents of the Gulf Coast Tuesday that there could be significant flooding from Tropical Storm Isaac and encouraged people to evacuate if instructed by authorities to do so.
Wednesday, August 29th 2012 - 02:22 UTC
Spain to the mercy of markets and with little signs of recovery

Spain’s recession worsened in the second quarter as the government’s austerity push to reduce the Euro area’s third-biggest budget deficit and a slump in consumer spending offset growth in exports.