Stories for April 11th 2014

Friday, April 11th 2014 - 22:06 UTC
Greece returns strongly to the bond market with a 3-billion Euro issue at 4.95%

Two years after it nearly crashed out of the Euro zone, Greece returned to the bond market this week with yield-hungry investors rushing to buy its debt in a 3-billion Euro deal that could mark the beginning of the end of its bailout. Athens offered a yield of just 4.95% to sell five-year bonds, the second lowest borrowing costs for a bailed-out Euro zone state returning to market.
Friday, April 11th 2014 - 22:01 UTC
Olympic Committee top official sent to Rio to tackle delays in the 2016 Games

The International Olympic Committee is sending its executive director Gilbert Felli to Brazil next week as part of a series of emergency measures to tackle the delays threatening the 2016 Games in Rio de Janeiro. The announcement was made by IOC president Thomas Bach.
Friday, April 11th 2014 - 21:54 UTC
The Economist's view of Argentine leader Cristina Fernández

The Economist has a piece on Argentina's president Cristina Fernández, an X-ray on her character, reactions, but also strong points, and what can be expected of what is left of her mandate that ends in December 2015. Even with her clout dwindling Cristina Fernández remains the most powerful politician of Argentina.
Friday, April 11th 2014 - 12:19 UTC
Coins to celebrate South Georgia's Grytviken Church centenary

The Treasury of South Georgia & The South Sandwich Islands have issued a new crown which celebrates the centennial of one of the Island group’s most well-known and recognized landmarks: the Grytviken Church.
Friday, April 11th 2014 - 12:12 UTC
Footage of live mugging of a woman while being interviewed in Rio do Janeiro

Brazilian TV is showing footage of a woman being robbed while being interviewed on television about crime near Rio de Janeiro’s main train station. The images of the interview conducted Wednesday by TV Globo were posted on its G1 internet news portal and come just a few weeks before the beginning of the World Cup.
Friday, April 11th 2014 - 08:38 UTC
Water rationing round the corner for the metropolis of Sao Paulo, admits major utility

The metropolis of Sao Paulo may have to ration water this year if reservoir levels are not replenished, Brazil's largest water and sewage utility said, an increasing possibility as the southeast region heads into its dry season.
Friday, April 11th 2014 - 08:30 UTC
Brazil says there is enough coffee to supply exports and domestic market

Brazil has enough coffee stocks to supply exports and domestic demand this year even though a severe drought will result in a lower-than-expected harvest, the nation's coffee industry association Abic said on Thursday.
Friday, April 11th 2014 - 08:24 UTC
National strike paralyzes Argentina; government blasts roadblocks

Argentine organized labor leader Hugo Moyano called on the government of president Cristina Fernandez to take note of Thursday's strong mobilization across the country after unions affiliated to the Teamsters figure and gastronomic heavyweight Luis Barrionuevo caused widespread disruption.
Friday, April 11th 2014 - 08:19 UTC
Chevron and YPF unveil plans to invest another 1.6bn in Vaca Muerta shale

US oil giant Chevron and state-controlled YPF unveiled plans Thursday to spend another 1.6 billion dollars to develop Argentina's Vaca Muerta shale formation for oil and gas projects. The investment comes on top of 1.2 billion Chevron agreed to spend last year for a shale pilot project.
Friday, April 11th 2014 - 04:45 UTC
Argentina and Chile prepare to celebrate 1984 peace and friendship treaty

Argentina and Chile defense ministers Agustín Rossi and Jorge Burgos Varela met in Buenos Aires 'to continue advancing and deepening' the bilateral relation, which this year will have a special celebration motive: the 30th anniversary of the Peace and Friendship treaty which definitively put an end to the Beagle Channel longstanding dispute.