MercoPress. South Atlantic News Agency
Stories for October 11th 2012
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Thursday, October 11th 2012 - 04:45 UTC
Argentine central bank confirms no restrictions for governments to purchase dollars
The Argentine central bank confirmed on Wednesday that there is no money exchange restrictions for the federal government or provinces to purchase US dollars to honour public debt issued offshore.
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Thursday, October 11th 2012 - 04:41 UTC
In divided decision Brazil central bank cuts basic rate another 25 points to 7.25%
Brazil's central bank on Wednesday slashed its interest rate for the 10th time since August last year, to a record low of 7.25%, in a bid to stimulate the sluggish economy.
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Thursday, October 11th 2012 - 04:23 UTC
Chavez prepares his succession: names Foreign minister Maduro Vice-president
Venezuela's President Hugo Chávez named Foreign minister Nicolás Maduro as his new vice-president on Wednesday in the first change of cabinet after Sunday's re-election.
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Thursday, October 11th 2012 - 04:09 UTC
S&P cuts Spain’s credit rating to BBB minus just above junk territory
Standard & Poor's cut Spain's sovereign credit rating to BBB-minus, just above junk territory, citing a deepening economic recession that is limiting the government's policy options to arrest the slide.
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Thursday, October 11th 2012 - 04:04 UTC
Nobel in chemistry for advancing inner workings of G-protein-coupled receptors
Two US scientists won the 2012 Nobel Prize for chemistry for research into how cells respond to external stimuli that is helping to develop better drugs to fight diseases such as diabetes, cancer and depression.
