Stories for 2012

Saturday, August 18th 2012 - 06:00 UTC
Conflicting reports on Argentine performance, but economy rapidly slowing

Argentina's economic activity remained flat in June compared to a year ago, according to the latest release from the country’s questioned stats office, Indec. The EMAE economic activity index, a close proxy for GDP published on Friday showed a 1.1% expansion in June versus May and 2.5% in the first half of the year.
Saturday, August 18th 2012 - 05:57 UTC
Central bank announces first signs of Brazilian economy recovery

Brazil's economy enjoys sound fundamentals for sustainable growth, with an economic expansion likely to pick up speed in the next few quarters, Central Bank President Alexandre Tombini said at a business conference Friday.
Saturday, August 18th 2012 - 05:50 UTC
China’s (and the world) leading bank authorized to operate in Brazil

One of the world’s leading banks, the Industrial and Commercial Bank of China (ICBC) has been authorised to operate in Brazil, indicates a Brazilian government decision published on Thursday in the official gazette.
Saturday, August 18th 2012 - 05:45 UTC
Euro zone June trade surplus was the highest since 1999

The Euro zone trade surplus hit 14.9bn Euros in June up from 200m Euros a year ago. The surplus was the highest since the European Union's statistics agency began collecting data in 1999.
Saturday, August 18th 2012 - 05:39 UTC
First shipment of New Zealand lamb to Brazil, a market of “great potential”

New Zealand's first branded lamb shipment to Brazil is scheduled to arrive at the port of Santos in the middle of next month and be available at 120 stores in Sao Paulo and to diners in restaurants and hotels throughout the country.
Saturday, August 18th 2012 - 05:32 UTC
Tropical fish moving south because of climate change says Australian report

Australia’s Marine Climate Change 2012, released on Friday, provides evidence of a large-scale redistribution of marine species in ecosystems around Australia. Dr Elvira Poloczanska, who led the study, says there's a lot of uncertainty about the long-term impacts.
Saturday, August 18th 2012 - 05:28 UTC
US scientists develop a translucent polymer robot inspired in the squid

Scientists in the United States said they had devised a rubbery robot, inspired by the squid and octopus, which can crawl, camouflage itself and hide from infrared cameras. The Pentagon-backed gadget is the latest type of a so-called soft machine, meaning silicone-based robots that are made from squidgy, translucent polymers.
Saturday, August 18th 2012 - 02:37 UTC
In nine years of “Kirchner era” Argentina honoured 32 billion dollars in debts

Argentina’s Central bank confirmed that during the “Kirchner era” the country paid 32 billion dollars in pending debts, “the centre piece of the policy to recover sovereignty by cutting indebtedness” and praised the decision to appeal to the bank’s international reserves to support such a policy.
Saturday, August 18th 2012 - 02:02 UTC
OAS decides to hold ministerial meeting on Ecuador-UK conflict next week

The Organization of American States (OAS) has scheduled an emergency meeting of its foreign ministers next week to discuss the differences between Ecuador and Britain over the asylum that Quito granted to WikiLeaks founder Julian Assange.
Friday, August 17th 2012 - 17:34 UTC
Brazilian new middle class pay their bills and like to keep their names clean

Brazil National Confederation of Store Managers, CNLD, and the Credit Protection Service, SPC, report that payment delinquency was down 5.6% in July. At the same time the two organizations revealed that over the last five years indebtedness in Brazil has risen 20% annually.