Stories for 2012

Wednesday, January 4th 2012 - 05:27 UTC
Greece admits it is closer to be forced out of the Euro zone

Greece faces an exit from Europe's common currency block unless it clinches a deal on a second 130 billion Euro bailout with its international lenders, a government spokesman said on Tuesday.
Wednesday, January 4th 2012 - 05:23 UTC
German miracle, unemployment falls to its lowest since December 1991

German unemployment fell to its lowest rate in December since 1991, according to the German Federal Labour Agency.
Wednesday, January 4th 2012 - 05:20 UTC
Petrobras announced discovery of light oil offshore Espirito Santo basin

Petrobras has discovered light oil and gas accumulation in the Tambuata prospect in Brazil’s offshore Espirto Santo basin. Well 4-GLF-31-ESS was drilled in 1.520 metres water depth in the Golfinho Concession (4-BRSA-1001-ESS).
Tuesday, January 3rd 2012 - 05:04 UTC
German cruise sails along the Paraná river to the city of Rosario

The German cruise vessel ‘Deutschland’ docked Monday at the port of Rosario on the mighty Paraná River which is also the hub for Argentina’s grains and oilseeds basin.
Tuesday, January 3rd 2012 - 04:56 UTC
Argentina recalls 1833 Malvinas ‘dislodgement’ and demands bilateral dialogue

Argentina ratified Tuesday its ‘imprescriptible” sovereignty rights over the Malvinas, South Georgia, South Sandwich Islands and adjoining maritime spaces and blasted the UK for not abiding by UN resolutions calling for bilateral talks.
Tuesday, January 3rd 2012 - 03:49 UTC
Non-Euro Denmark has assumed the 27 member EU presidency

Denmark has assumed the presidency of the European Union as the 27-member bloc continues efforts to tackle the crisis ravaging the continent. Prime Minister Helle Thorning-Schmidt has said Denmark aspires to “strengthen the EU in a difficult time.”
Tuesday, January 3rd 2012 - 03:18 UTC
Rousseff promises “to protect” Brazil’s economy, domestic market and jobs

Brazil is moving into an ‘era of prosperity’ characterized by ‘income distribution and a notorious drop in inequalities” said President Dilma Rousseff in her first 2012 radio edition of ‘Enjoying coffee with the President’, where she also dared to use the word ‘protection’ in reference to jobs and the domestic market.
Tuesday, January 3rd 2012 - 03:12 UTC
Brazil trade surplus soars to 30bn, the highest since 2007

Brazil's 2011 trade surplus soared 47.8% to nearly 30 billion dollars, compared with the previous year, the highest since 2007, with record exports and imports, official data showed Monday.
Tuesday, January 3rd 2012 - 03:07 UTC
Uruguay’s trade deficit increases fourfold in 2011 to 549 million dollars

Uruguay’s trade deficit soared to 549 million dollars in 2011 because of an increase in imports of 23.6%, far ahead of exports rise, 18.1%, according to the Uruguayan government foreign trade institute Uruguay XXI.
Tuesday, January 3rd 2012 - 03:04 UTC
Venezuela cuts Exxon-Mobil compensation payment from 908m to 255m dollars

Venezuela's PDVSA said on Monday it will pay Exxon Mobil Corp 255 million dollars in compensation for nationalized assets, which is less than a third of what the US oil giant said it was awarded by an arbitration panel.