Stories for 2012

Wednesday, January 25th 2012 - 07:37 UTC
BMW plans to build cars in Brazil as of 2014

Germany’s BMW Ag., the world’s largest luxury carmaker plans to build cars in the Brazilian state of Santa Catarina from 2014 reports Automobilewoche.
Wednesday, January 25th 2012 - 07:32 UTC
Most Cuban trained doctors fail basic test to practice medicine in Chile

Almost 80% of Chilean doctors with overseas degrees failed in 2011 the mandatory National medical knowledge Test, Eunacom, demanded to practice medicine in the country or have work opportunities at the government national health scheme.
Wednesday, January 25th 2012 - 04:30 UTC
Chavez is also father of an embarrassing teen-ager who angers Venezuelans

President Hugo Chávez 14-year-old daughter, Rosines angered Venezuelans and embarrassed her father by posting a picture of her holding a handful of US dollars on the web.
Wednesday, January 25th 2012 - 04:21 UTC
S&P likely to downgrade Greece’s rating to “selective default”

Standard & Poor's will likely downgrade Greece's ratings to “selective default” when the country concludes its debt restructuring, but that will not necessarily destroy the credibility of the European Union, an official with the ratings agency said on Tuesday.
Wednesday, January 25th 2012 - 04:06 UTC
IMF warns Euro zone crisis is dragging down the world economy

The Euro zone debt crisis is escalating and dragging down the world economy, the International Monetary Fund said on Tuesday, as it sharply cut its outlook for global growth and called for policies to restore confidence.
Wednesday, January 25th 2012 - 03:58 UTC
Brazil record foreign direct investment more than compensates current account deficit

Brazil posted a record-high current account deficit in 2011 on rising profit remittances by multinational companies and massive spending abroad by Brazilian tourists, but the deficit was more than covered by another record, this time for foreign direct investment, the central bank said Tuesday.
Wednesday, January 25th 2012 - 03:52 UTC
Lula da Silva back on the political stage next to President Dilma Rousseff

Former Brazilian president Lula da Silva currently undergoing treatment for larynx cancer, returned on Tuesday to the political stage after three months of absence, for the inauguration ceremony of two new ministers from the cabinet of President Dilma Rousseff
Tuesday, January 24th 2012 - 04:12 UTC
President Cristina Fernandez resumes office on Wednesday “stronger than ever”

Argentine Acting President Amado Boudou announced on Monday that Cristina Fernández is “stronger than ever” and will resume her activities on Wednesday after her medical leave absence due to a false-positive thyroid cancer surgery last 4 January.
Tuesday, January 24th 2012 - 04:08 UTC
Argentina rams ahead with imports rules: “it is understandable people are upset”

The Argentine government ratified it won’t postpone the new legislation on imports as requested by local business leaders and minimized the current conflict with Brazilian industrialists who have bitterly complained about the new restrictions.
Tuesday, January 24th 2012 - 04:05 UTC
Uruguay expanded 6% in 2011 and fiscal deficit dropped to 0.8% of GDP

Finance Minister Fernando Lorenzo said that Uruguay’s economy in 2011 expanded an estimated 6%, the ninth year running of sustained growth, and the budget fiscal deficit was 0.8% of GDP.