Stories for April 2014

Tuesday, April 29th 2014 - 06:31 UTC
Argentina and Brazil plan to prop economies by stimulating the auto industry

Argentine Economy Minister Axel Kicillof and Industry Minister Débora Giorgi fly to Brasilia on Tuesday in a bid to swing the automobile trade balance in Argentina’s favor, with the sector accounting for the majority of a total 3.15 billion dollars trade deficit. From Brazil Finance minister Guido Mantega confirmed bilateral discussions on the auto industry and exports.
Tuesday, April 29th 2014 - 06:27 UTC
Pope/Cristina Fernandez relation is 'fluid and direct with no intermediaries'

The relationship between Argentine President Cristina Fernández and Pope Francis “is fluid and direct” with a “permanent dialogue and no intermediaries,” Religion Secretary Guillermo Oliveri told a Buenos Aires radio on Monday from Rome, where he attended Sunday's canonization ceremonies for John Paul II and John XXIII.
Tuesday, April 29th 2014 - 06:20 UTC
Timerman in Israel to rebuild relations deteriorated because of Iran accord

Argentine Foreign Minister Héctor Timerman began a two-day visit to Israel on Monday that aims to strengthen the diplomatic ties weakened last year after the signature in Buenos Aires of the memorandum of understanding with Iran for the investigation of AMIA bombing.
Tuesday, April 29th 2014 - 06:15 UTC
Overwhelming support for Dani Alves from FIFA, fellow players and Dilma

FIFA president Joseph Blatter and several top players came out in support Monday of Barcelona right-back Dani Alves, who ate half of a banana that was thrown at him in a racist gesture a day earlier during his side's 3-2 win at Villarreal.
Tuesday, April 29th 2014 - 06:09 UTC
Buses torched in Rio after a youth dies in shootout with the police

Residents of a northern suburb of Rio do Janeiro torched five buses Monday shortly after a 17-year-old youth died in a shootout between criminals and police, Brazilian media reported. The incident again put a harsh spotlight on security in the country, just six weeks before Brazil hosts the football World Cup, with Rio staging seven matches including the July 13 final.
Tuesday, April 29th 2014 - 06:03 UTC
Three former Barclays employees charged with manipulation of Libor rate

Three former employees of Barclays have been charged in connection with the alleged manipulation of the London Interbank Offered Rate (Libor). The Serious Fraud Office, SFO, said Jay Vijay Merchant, Alex Julian Pabon and Ryan Michael Reich had been charged for “conspiracy to defraud”.
Tuesday, April 29th 2014 - 06:00 UTC
The Houblon £50 notes 20-year cycle ends next Wednesday says BoE

The £50 note featuring the first governor of the Bank of England, Sir John Houblon, will be withdrawn on Wednesday after 20 years in circulation. From that time, only the £50 banknote featuring Matthew Boulton and James Watt, which was introduced in 2011, will hold legal tender status.
Monday, April 28th 2014 - 23:53 UTC
Coffee prices soar as Brazil's crop plummets because of adverse weather

Because of adverse climate conditions Brazil’s Arabica coffee prices have recently surged 94%, to 2.144 dollars for half a kilogram ($2.30) on the New York futures market.
Monday, April 28th 2014 - 23:40 UTC
FIFA's Valcke downplays 'favelas' violence: “finally we will be talking about football”

FIFA secretary general Jerome Valcke downplayed recent violence in the favelas of Rio de Janeiro as a threat to the upcoming World Cup. The city was the scene of violent outbursts last week when a dancer was found dead with his friends and family blaming the killing on the police.
Monday, April 28th 2014 - 23:29 UTC
IAATO estimates 36.545 tourists will travel to Antarctica next season 2014/15

New figures released on Monday by the International Association of Antarctica Tour Operators (IAATO), estimate that 36,545 tourists will travel with IAATO members to Antarctica next season, 2014-2015. The information was reported at the first day of the 37th Antarctic Treaty Consultative Meeting (ATCM) in Brasilia, which IAATO attend as Invited Experts.