Stories for 2014

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.
Friday, April 11th 2014 - 04:38 UTC
Hedge funds target laundered funds in Nevada by close associate of the Kirchner family

The American Task Force Argentina (ATFA), an organization which unites several bond holders from the Argentine default of 2001, questioned on Thursday the “lack of transparency” within President Cristina Fernández administration, during a video conference with reporters.
Friday, April 11th 2014 - 04:31 UTC
China's foreign trade falls sharply in March confirming economy's slowdown

China's exports and imports fell sharply in March, adding to recent indicators pointing to a slowdown in the world's second-largest economy. The country's exports fell by 6.6% in March when compared with the previous year, while imports dropped by 11.3% in the same month, when compared with the same time last year.
Friday, April 11th 2014 - 04:27 UTC
Japan/Australia trade agreement cracks tariffs on frozen and chilled beef

United States beef shipments to Japan may drop after the largest Asian buyer inked this week a deal with Australia to begin reducing import tariffs as early as next year, the Japanese agriculture ministry said.
Friday, April 11th 2014 - 04:22 UTC
Bank of England leaves interest rates unchanged as UK recovery picks up

UK interest rates have been held at their record low of 0.5% for another month by the Bank of England. On Thursday the Bank also kept the size of its bond-buying stimulus program unaltered at £375bn. No changes had been expected to either rates or the bond-buying measure, despite recent evidence that the UK economy is continuing to recover.
Thursday, April 10th 2014 - 06:28 UTC
Brazil's March inflation marks the steepest increase for the month since 2003

Brazil’s rate of inflation in March picked up at the quickest pace in 11 years for that month, challenging the central bank’s plan to stop raising interest rates soon and complicating President Dilma Rousseff chances of re-election.
Thursday, April 10th 2014 - 06:22 UTC
Venezuela invites Cardinal Parolin to become “mediator of good will”

The Venezuelan government formally invited today the Vatican Secretary of State, Cardinal Pietro Parolin, to join the exploratory talks with the opposition as “mediator of good will” in order to find a solution to the violent situation in the country.