Stories for 2014

Saturday, August 2nd 2014 - 08:18 UTC
Rousseff defends industrial policy and economy performance before the sector's lobby

Brazilian President Dilma Rousseff, who hopes to be re-elected for a second term in October’s elections, has defended her government’s industrial policy in front of the sector’s business leaders, the National Confederation of Industry (CNI).
Saturday, August 2nd 2014 - 08:06 UTC
US Senate looks into passenger protection on Caribbean cruise ships

There could have been few places where the old adage “worse things happen at sea” seemed more appropriate than a recent US Senate Commerce Committee hearing in which members were regaled with Caribbean cruise ship passengers’ horror stories of everything from rape and violence to seeping sewage and hallways lined with bags of feces.
Saturday, August 2nd 2014 - 08:02 UTC
US scientists discover hub of brain cells, in mice, that controls the desire to eat

US scientists have discovered a central hub of brain cells that may put the brakes on a desire to eat, a study in mice shows. And switching on these neurons can stop feeding immediately, according to the Nature Neurosciences report.
Saturday, August 2nd 2014 - 07:56 UTC
Ebola outbreak 'out of control' but 'can be stopped' said world's top health official

West Africa's Ebola outbreak is out of control but it can be stopped, World Health Organization chief Margaret Chan said on Friday at a meeting in Conakry, capital of Guinea.
Saturday, August 2nd 2014 - 07:48 UTC
Growing concerns the Ebola outbreak could spread globally by travelers

Concerns have been expressed about the possibility of the current Ebola outbreak spreading globally after an infected airline passenger introduced the deadly virus to Nigeria. All outbreaks since 1976, when Ebola was first identified, have been confined to rural and forested areas in Africa, with the previous highest death toll being 280.
Saturday, August 2nd 2014 - 04:08 UTC
Griesa orders Argentina/holdouts to resume negotiations and an end to 'misleading information'

US District Judge Thomas Griesa presiding over Argentina's bitter dispute with two hedge funds left the country stranded in default on Friday, ordering it to hold new negotiations and calling for an end to “mistrust”. In a stern tone Griesa slammed the decision by Argentina to defy his order that it pay in full holdout investors and instead opted to default on 29 billion dollars in debt.
Friday, August 1st 2014 - 14:52 UTC
Five industries worried about peak oil

The debate over the impact of peak oil has been raging for decades. Although few deny that the end of mass oil consumption is drawing nearer, educated estimates now range between 2020 and 2030.
Friday, August 1st 2014 - 14:40 UTC
World Cup helped a higher than expected surge in beer sales in Brazil

The maker of Budweiser, Stella Artois and Corona beers experienced a sharp surge in sales in Brazil during the World Cup with the month-long contest leading to consumption of an extra 140 million liters or 2 million barrels.
Friday, August 1st 2014 - 09:10 UTC
Mercosur finally agrees on joint trade proposal to exchange with the EU

Mercosur members finally agreed this week on a draft joint proposal to be presented to the European Union with the purpose of negotiating a long delayed trade and cooperation agreement with EU, according to Uruguayan diplomatic sources.
Friday, August 1st 2014 - 08:57 UTC
Hedge fund Aurelius denies any serious proposition to buy its holdout bonds

Aurelius Capital Management has shot down speculation that the hedge fund was fielding a viable private-sector proposal for selling its untendered Argentine sovereign debt in a bid to shorten the amount of time Argentina is in default.