Stories for 2012

Tuesday, February 21st 2012 - 06:38 UTC
Brazilian banks increase reserves fearing a consumers’ credit bubble

Brazilian banks have increased their reserves by 21% to the equivalent of 67.3 billion dollars fearing a possible moratorium while consumers are facing growing problems to address payments, according to the Sunday edition of Correio Braziliense
Tuesday, February 21st 2012 - 05:19 UTC
Argentine economy expands 8.8% in 2011; capital outflow reaches 21.5bn dollars

The Argentine economy expanded 8.8% in 2011 according to the controversial National Statistics office, Indec, while the Central bank reported that 21.5 billion dollars fled from the country last year, which is 88% higher than in 2010.
Tuesday, February 21st 2012 - 05:16 UTC
Dutch scientists planning first lab-grown hamburger later this year

Dutch scientists have used stem cells to create strips of muscle tissue with the aim of producing the first lab-grown hamburger later this year. The aim of the research is to develop a more efficient way of producing meat than rearing animals.
Tuesday, February 21st 2012 - 05:03 UTC
One of Argentina’s wealthiest women dedicated to philanthropy and art buried in Buenos Aires

The remains of Argentina’s wealthiest woman, María Amalia Sara Lacroze Reyes Oribe de Fortabat Pourtale was buried Sunday at the Recoleta Cemetery, where an official service was held after family and friends attended a private funeral ceremony.
Tuesday, February 21st 2012 - 04:59 UTC
Island named after last solider killed in the Falklands’ conflict

On a June morning 30 years ago, Pte Craig Jones was killed by a shell as British troops made their final push in the Falklands War. He was the last soldier to die in the conflict as a ceasefire was declared the following day.
Tuesday, February 21st 2012 - 04:36 UTC
Rousseff promises fiscal and credit stimuli to promote exports and innovation

Brazilian president Dilma Rousseff said the government will implement fiscal and credit access measures to stimulate production and exports with the purpose of gaining competitiveness in a global context of crisis.
Tuesday, February 21st 2012 - 04:28 UTC
UK Secretary discusses Falklands’ defence in Parliament

UK Defence Secretary Philip Hammond said on Monday that the British military presence in the Falklands has not increased recently since there was no recorded change to Argentine force levels, and there was no “current or credible” threat.
Tuesday, February 21st 2012 - 04:14 UTC
Protestant parson and human rights activist next German president

German Chancellor Angela Merkel bowed to pressure on Sunday and agreed to back popular opposition candidate Joachim Gauck to become president, averting a political fight that might have distracted her government from solving the euro zone crisis.
Tuesday, February 21st 2012 - 04:03 UTC
Argentine opposition demand open debate on Malvinas, not the “official speech”

Argentine members of the opposition have warned that they will not attend a Friday special session of the Senate and Lower House Foreign Affairs committees to be held in Tierra del Fuego and dedicated to the Malvinas issue unless the overall position of the diplomatic conflict is openly debated.
Saturday, February 18th 2012 - 06:25 UTC
Zurich and Tokyo, and Geneva and Osaka, the world’s most expensive cities

The strong Swiss franc has seen Zurich top Tokyo as the world's most expensive city in a survey out this week. Zurich, ranked fourth last year, took the unenviable crown in the 2012 Worldwide Cost of Living Survey by the Economist Intelligence Unit.