Stories for 2012

Thursday, February 2nd 2012 - 05:31 UTC
American Airlines presents union plan to cut costs and 13.000 layoffs

American Airlines said on Wednesday it needed to cut costs by 20% to stay afloat, as it met with union representatives to detail a plan for layoffs that reports said would total 13,000 workers.
Thursday, February 2nd 2012 - 05:21 UTC
US plans to wind down combat operations in Afghanistan by mid 2013

The US will seek to wind down combat operations in Afghanistan during 2013, more than a year before a deadline for withdrawal, the defence secretary says. Speaking while travelling to a Nato summit, Leon Panetta said the US hoped to switch to a role training and supporting Afghan forces.
Thursday, February 2nd 2012 - 05:15 UTC
IMF warn Argentina on ‘lack of progress’ in addressing inflation data

The International Monetary Fund (IMF) warned Argentina about its “lack of progress” in addressing inflation data and called on the country to implement “specific measures” within the next six months to improve it.
Thursday, February 2nd 2012 - 05:13 UTC
Cocker spaniel puppy will keep Catherine company while William is in Falklands

Prince William's wife Kate will not be on her own during her husband's tour of duty in the Falkland Islands: the couple have a new puppy, St James's Palace said Wednesday.
Thursday, February 2nd 2012 - 05:10 UTC
Europe’s largest bank profits boosted by its operations in Latin America

Spain’s Banco Santander said that 2011 net profits reveal the growing importance of its Latin America operations which contributed with 51% of the bulk. Last year net profits totalled 5.4 billion Euros, down from 8.2 billion Euros in 2010.
Wednesday, February 1st 2012 - 17:32 UTC
Brazilian beef exports declined 14% in 2011 to 820.239 tons

Brazilian beef exports declined 14% in 2011, to 820.239 tonnes swt, establishing it as the world’s third largest beef exporter behind Australia and the US (Global Trade Atlas).
Wednesday, February 1st 2012 - 16:08 UTC
Argentina new imports’ restrictions come into effect; claims from Mercosur

Argentina’s controversial new import restrictions came into effect on Wednesday as part of the legislation on the trading sector which gives the government bureaucracy more powers to control and restrict imports.
Wednesday, February 1st 2012 - 16:05 UTC
Prince William leaves for the Falklands Wednesday night from Brize Norton

The British government confirmed that Prince William begins this Wednesday his six week deployment in the disputed Falkland Islands as a helicopter pilot when he flies out from RAF Brize Norton in Oxfordshire tonight.
Wednesday, February 1st 2012 - 15:56 UTC
Brazilian president meets Fidel Castro; promises financial economic aid to Cuba

Brazilian President Dilma Rousseff met with Fidel Castro, the revolutionary hero of her youth, and held talks with his younger brother, President Raul Castro, on Tuesday in a visit to strengthen financial and economic ties with Cuba. On Wednesday Rousseff left for Haiti.
Wednesday, February 1st 2012 - 15:07 UTC
The New Falklands War

By Jaime Daremblum from the Hudson Institute (*) - In 1982, Argentina's right wing military junta launched a sudden invasion of the Falkland Islands, the South Atlantic archipelago that has been a British possession since 1833. The invasion was motivated by a desire to distract attention from the country's severe economic woes, including hyperinflation and massive capital flight.