Stories for June 2014

Thursday, June 12th 2014 - 07:06 UTC
Argentina's 'Congressional inflation index' in May, 2.28% and 39.9% in twelve months

Inflation in Argentina during the month of May reached 2.28% and 39.9% in the last twelve months according to the so called 'Congressional index' which is released by opposition lawmakers from the Freedom of Expression committee.
Thursday, June 12th 2014 - 07:01 UTC
Poor performance of Argentina's industrial production during April

According to the Argentine Industrial Union (UIA), industrial production in the country fell 3.4% in April compared to the same month of 2013. Considering the first four months of 2014, the industry dropped 2.2% versus the same period last year.
Thursday, June 12th 2014 - 06:53 UTC
World manufacturing on the upturn but fragile in emerging economies

World manufacturing is in a phase of steady growth due to the improved financial condition of industrialized countries, especially in Europe, and China’s continued growth, the United Nations reported on Wednesday.
Thursday, June 12th 2014 - 06:42 UTC
IMF launches Global Housing Watch to keep track of markets across the world

The International Monetary Fund (IMF) launched on Wednesday the Global Housing Watch, a webpage (www.imf.org/housing) dedicated to featuring its analysis on housing markets across the world. The page will provide a one-stop shop for the Fund’s Global House Price Index and other data on housing indicators.
Thursday, June 12th 2014 - 06:35 UTC
Argentina and Brazil extend auto industry accord until July 2015

Argentina and Brazil finally on Wednesday in Buenos Aires a deal for automotive trade between the two nations, which will be valid until July 2015 and aims to revive the sector which has seen heavy falls in activity (and jobs) since the beginning of this year.
Thursday, June 12th 2014 - 06:30 UTC
Brazil increases cultivation area and expects record grain harvest in 2014

Brazil, one of the world's leading agricultural producers, expects a record grain harvest this year of 192.3 million tons, up 2.2% from 2013, the IBGE statistics agency said this week.
Thursday, June 12th 2014 - 06:25 UTC
Blatter is king of FIFA: age and term of office limits proposals, rejected

FIFA's 209 member federations have overwhelmingly rejected proposals for age limits and term of office limits. Delegates at the FIFA Congress meeting in Sao Paulo booted out the plan that formed part of the recommendations to revamp FIFA's governance.
Wednesday, June 11th 2014 - 07:20 UTC
Brazil ready for an 'open arms' welcome like Christ the Redeemer statue pledges Rousseff

President Dilma Rousseff said Tuesday her country was ready to host the World Cup in two days, rejecting criticism of delays, overspending and chaos in the tournament's preparations. However organizing the cup was tough, but she insisted that the 12 stadiums were ready and told foreign fans that Brazil would welcome them with “open arms” like Rio's Christ the Redeemer statue.
Wednesday, June 11th 2014 - 07:12 UTC
Jennifer Lopez will perform on Thursday at the Sao Paulo opening ceremony

Days after reports that US/Puerto Rican singer Jennifer Lopez had canceled her performance with Pitbull and Brazilian singer Claudia Leitte at Thursday opening ceremony in Brazil, her representative retracted and said that she will be there, People magazine reported.
Wednesday, June 11th 2014 - 07:03 UTC
Flooding in Brazil, Paraguay and Argentina, with record rainfall and rivers' swelling

Floods have killed nine people and driven tens of thousands of people from their homes while swelling rivers to record levels in southern Brazil and neighboring Paraguay and Argentina, authorities said Tuesday.