Stories for October 2012

Monday, October 15th 2012 - 22:01 UTC
Damaged cargo aircraft exposes vulnerability of Brazil’s airports’ system

Brazil’s poor infrastructure was again confirmed over the weekend at one of Sao Paulo international airports, Viracopos, when a damaged cargo aircraft blocked activities forcing 450 flight cancellations and overloading the already saturated capacity of other air terminals.
Monday, October 15th 2012 - 19:11 UTC
Chile-Argentina qualifier heats up with UK ambassador reference to the Falklands

In an anticipation of Tuesday’s qualifier between Argentina and Chile for the 2014 World Cup in Brazil, UK ambassador in Chile Jon Benjamin got muddled in a “twitter incident” involving the Falklands/Malvinas for which later he had to apologize.
Monday, October 15th 2012 - 18:54 UTC
“Angry Indec” video game to make Argentine more furious about prices

An Argentine video game allows players to compare the prices used by the National Statistics and Census Institute, Indec, to measure inflation with those consumers say they pay, a pastime that has caused angry reactions among players when they see the gap.
Monday, October 15th 2012 - 18:48 UTC
Bernanke replies to Brazil and IMF on rich countries monetary easing controversy

Federal Reserve chairman Ben Bernanke has defended the central bank's measures to bolster the US economy. Brazil has said US monetary easing to keep interest rates low and weaken the dollar has hurt emerging economies. And IMF chief Christine Lagarde warned on Sunday of consequent asset bubbles developing in emerging nations.
Monday, October 15th 2012 - 18:42 UTC
China’s inflation eases as growth slows; plans to further boost domestic demand

China's policymakers have been given more room to boost stimulus measures after the country's inflation rate dipped in September. Consumer prices rose 1.9% from a year earlier which is down from a rate of 2% in August.
Monday, October 15th 2012 - 18:39 UTC
US dominates Nobel in Economics, this time for “market design” with ethical and legal complications

Alvin Roth and Lloyd Shapley have won the 2012 Nobel Prize in economics. The Royal Swedish Academy of Sciences cited the US academics for their work on the “theory of stable allocations and practice of market design”.
Monday, October 15th 2012 - 18:32 UTC
Scotland to hold an independence referendum before the end of 2014

A referendum on Scottish independence will take place before the end of 2014 following an agreement signed on Monday by UK Prime Minister David Cameron and Scottish leader Alex Salmond.
Monday, October 15th 2012 - 07:58 UTC
Minister confirms talks for re-incorporation of Paraguay to Unasur and Mercosur

Foreign minister Jose Felix Fernandez Estigarribia confirmed the beginning of negotiations for the re-incorporation of Paraguay to Unasur and Mercosur which will take place through the mediation of a Latinamerican country he did not identify.
Monday, October 15th 2012 - 07:50 UTC
Brazil good at global PR, but loses ground as an IMF group leader

A good one and a bad one for Brazil: The New York Times announced on Sunday that it will launch an online edition Portuguese language edition in 2013 given the country’s growing global clout, but on the other hand Brazil’s nine nation constituency at the IMF will lose a member, Colombia that will join Mexico.
Monday, October 15th 2012 - 07:39 UTC
Gibraltar condemns Spanish policy of deliberate delays at the border crossing

The Gibraltar Government strongly condemned the lengthy and deliberate delays to cross the frontier into Spain which have been experienced by Gibraltarians and visitors to Gibraltar. Chief Minister Fabian Picardo, currently in London has already been in touch with the UK Government and urged them to take up the matter with Spain at the highest level