Stories for 2012

Saturday, July 21st 2012 - 00:16 UTC
Senior economist “ashamed” of having worked for IMF; blasts power-play

A senior economist at the International Monetary Fund spearheading the bailouts of three Euro zone countries has lambasted its lack of leadership and said its first female chief is not fit for the job.
Friday, July 20th 2012 - 19:46 UTC
Falklands ready for a 5 star hotel, says Islands Tourist board director

The new managing director of the Falkland Islands Tourist Board Tony Mason says that Stanley needs a 5 star hotel and anticipates a boom in tourism to the Islands in the next five years.
Friday, July 20th 2012 - 08:27 UTC
Argentines inflation expectations for the next 12 months in July climbed to 35.7%

Argentines inflation expectation for the next twelve months climbed in July to 35.7% from 34.9% in June according to the latest report form the Di Tella University Finance research centre (UTDT).
Friday, July 20th 2012 - 08:21 UTC
Argentina blasts WTO for its biased and tendentious reports on world trade

The Argentine government, together with Brazil, India and South Africa questioned the inclination, almost bias, of some trade measures elaborated by the World Trade Organization Director General.
Friday, July 20th 2012 - 08:18 UTC
Seaweed bio-fuels plant fuelled with CO2 from sugar cane processing in Brazil

The world's first industrial plant producing bio-fuels from seaweed will be built in the north-eastern Brazilian state of Pernambuco in late 2013, the official in charge of the project said Thursday
Friday, July 20th 2012 - 08:07 UTC
Argentina announces development of huge potassium deposits with Brazil

President Cristina Fernández announced on Thursday the development of a mining project between Neuquén, Mendoza and Río Negro provinces which will led by Brazilian company Vale, and is expected to become the largest potassium mining site in the world.
Friday, July 20th 2012 - 07:59 UTC
US solar companies can compete with China with a bit of innovation

The US solar industry is undergoing some serious growing pains, with bankruptcies and mergers a necessary part of that process; meanwhile, competition from Chinese solar panels has many believing that American solar simply cannot compete. Not so.
Friday, July 20th 2012 - 07:53 UTC
Repsol sells 540 million dollars in assets in Chile as part of divestment program

Spain’s Repsol said on Thursday it has reached an agreement with a consortium of Chilean investors, led by LarrainVial, for the sale of 100% of its subsidiary Repsol Butano Chile for approximately 540 million dollars.
Friday, July 20th 2012 - 07:48 UTC
Brazilian police arrest land owners and gunmen who killed indigenous chief

Police in Brazil have arrested 18 people in connection with the killing of an indigenous leader last November. Gunmen shot Nisio Gomes in Mato Grosso do Sul and took away his body, which is still missing.
Friday, July 20th 2012 - 07:43 UTC
New Yahoo CEO compensation package could reach 70 million in five years

New Yahoo Chief Executive Marissa Mayer's compensation package could total more than 70 million dollars in salary, bonuses, restricted stock and stock options over five years, according to a regulatory filing made by the company Thursday.