Stories for April 2013

Saturday, April 20th 2013 - 06:08 UTC
Embraer-Augusta Westland project to build helicopters in Brazil falls through

Brazilian plane maker Embraer SA said on Friday that it ended talks with AgustaWestland, a subsidiary of Italy's Finmeccanica, without reaching an agreement to form a joint venture.
Saturday, April 20th 2013 - 06:06 UTC
Italy’s centre-left Bersani resigns after party rebels and inflicts humiliating defeats

Italy’s centre-left leader Pier Luigi Bersani announced his resignation after party rebels sabotaged two separate candidates he had backed for state president, deepening the country’s political stalemate.
Saturday, April 20th 2013 - 06:00 UTC
New strain of bird flu has capacity to mutate rapidly; could become transmissible among humans

The new strain of bird flu that has killed 17 people in China has been circulating widely “under the radar” and has acquired significant genetic diversity that makes it more of a threat, warned scientists.
Saturday, April 20th 2013 - 05:56 UTC
Brazil slams US and Europe for delaying promised reforms in the IMF

Brazil’s Finance Minister Guido Mantega slammed the United States and Europe for repeatedly delaying reforms of their dominated shareholding and voting power in the International Monetary Fund (IMF).
Friday, April 19th 2013 - 13:17 UTC
With the support of Unasur and a vote-audit promise, Maduro takes the oath of office

President-elect Nicolas Maduro was set to be inaugurated in Venezuela Friday as election officials moved to defuse a political crisis by yielding to demands for an audit of the electronic votes of the results in Sunday's bitterly contested elections.
Friday, April 19th 2013 - 06:37 UTC
Electoral council extends auditing to all Sunday votes; Capriles accepts

Venezuela’s National Electoral Council, CNE said on Thursday it would audit votes cast in weekend presidential elections after an opposition challenge to the victory accorded to President-elect Nicolas Maduro.
Friday, April 19th 2013 - 06:32 UTC
Falkland Islands Holdings expects a quantum leap in the local economy over the next decade

Falkland Islands Holdings, which owns the Falkland Islands Company, FIC, expects to report a slight fall in annual profits but anticipates a quantum leap in the Falklands’ economy over the next decade with the oil industry and the commencement in 2014 of the Sea Lion project.
Friday, April 19th 2013 - 06:24 UTC
Falkland Islands’ Sea Lion project will demand 5bn dollars and first oil is expected 2017

UK independent oil and gas Premier Oil company said that the Falkland Islands Sea Lion project is one of their biggest operations undertaken to date involving an investment of 5 billion dollars with first oil expected sometime in 2017.
Friday, April 19th 2013 - 05:46 UTC
Argentina begins Washington round of contacts ahead of IMF-WB spring meeting

Argentine Economy Minister Hernán Lorenzino is in Washington ready to start his official activities in the margins of the 2013 International Monetary Fund and World Bank Spring meeting.
Friday, April 19th 2013 - 05:39 UTC
IMF chief summoned to appear before French court over an arbitration payment

IMF chief Christine Lagarde has been summoned to appear before a French magistrate on May 23 for questioning over an arbitration payment to a wealthy supporter of former President Nicholas Sarkozy, news website Mediapart reported.