Stories for April 29th 2013

Monday, April 29th 2013 - 23:22 UTC
US dollar in Argentina drops a few cents on Monday trading but remains volatile

The ‘parallel’ or ‘blue’ dollar in Argentina which last week soared day after day to reach on Friday a record 9.30 Pesos, on Monday edged down four cents to 9.26 Pesos while the official ‘dollar’ remained stable at 5.13 and 5.19 Pesos (buying and selling).
Monday, April 29th 2013 - 23:17 UTC
Argentine government considering options to contain the ‘parallel’ dollar

The Argentine government is considering different options to contain the current skyrocketing of the US dollar, but according to the financial media there are different positions in the cabinet of President Cristina Fernandez. One of those calls for direct interventions while the other adopts a more passive attitude saying the issue is speculative and ‘marginal’.
Monday, April 29th 2013 - 20:17 UTC
Argentina transfers 400 million dollars to IMF to have greater access to emergency cash

Argentina which the IMF censured for underreporting inflation less than three months ago after three warnings over the past two years, last week authorized the deposit of 400 million dollars with the Washington-based lender to increase the nation’s access to emergency cash.
Monday, April 29th 2013 - 20:08 UTC
Argentine minister forecasts solid victory in October election; polls say the contrary

Argentina’s Federal Planning minister Julio de Vido called on Buenos Aires province mayors to defend the Cristina Fernandez government model and predicted a solid victory in the mid term legislative elections of next October.
Monday, April 29th 2013 - 06:30 UTC
Brazil government leader in online censorship requests, says Google Transparency Report

Brazil has a big lead as the country with the most government requests to remove online content by judicial order in the latest Google Transparency Report, released last week. In the period between July and December 2012, the search giant received 1,461 court-ordered requests from governments around the world to remove content, including YouTube videos and search results, with nearly 43% of them coming from Brazilian authorities.
Monday, April 29th 2013 - 06:27 UTC
Argentina deploys major diplomatic offensive in the Grand Caribbean

Argentina attended the fifth Caribbean states leaders’ summit held in Haiti April 23/26 as an observer but with a major delegation that included Foreign Affairs Secretary Ambassador Eduardo Zuaín, the different ambassadors in the region plus staff from the Political and Coperation desks.
Monday, April 29th 2013 - 06:24 UTC
Brazil re-opens the refurbished iconic but still incomplete Maracana stadium

Rio de Janeiro's Maracana stadium, venue for next year's World Cup final and the spiritual home of Brazilian football, has re-opened with an exhibition match despite not being fully finished.
Monday, April 29th 2013 - 06:20 UTC
The Lancet Oncology says Latam new life-style creating a cancer epidemic

Latin America's growing prosperity is fuelling a cancer epidemic that threatens to overwhelm the region unless governments take urgent preventive action, a study warned.
Monday, April 29th 2013 - 06:15 UTC
Technician Saccomanni will be responsible for Italy’s economy

Italy's new government line-up brings together personalities from across the political spectrum, from Silvio Berlusconi's apparent successor to a crime fighter and a militant feminist from the radical party. Some of the key names of the ‘grand coalition’ members tasked with tackling the social and economic crisis in recession-hit Italy-.
Monday, April 29th 2013 - 06:10 UTC
With Berlin’s blessing EU begins new track arguing “austerity option exhausted”

Europe is expected to accelerate a shift away from its austerity-first agenda this week as the new Italian government changes course and a German-Spanish investment pact underscores a renewed focus on combating record unemployment. This comes on the background of much criticized statements from European Commission president Jose Barroso who said ‘austerity was over’.