Economy

• Monday, November 8th 2010 - 15:25 UTC

  Brazilian exporters ask Rousseff for a US dollar between 2 and 2.2 Real

  

  The Brazilian Confederation of Industry, CNI, is strongly lobbying president-elect Dilma Rousseff who takes office next January first to adopt additional measures to help contain the strong appreciation of the Real vis-à-vis the US dollar.

• Monday, November 8th 2010 - 15:15 UTC

  Argentina anticipates record crop and export surpluses of wheat and corn

  

  Argentina’s Agriculture and Livestock minister Julian Domínguez and representatives from the cereals and oilseed markets coincided that Argentina will have a record crop this 2010/11 season and considerable export surplus of wheat and corn: 5.5 million and 18.5 million tons respectively.

• Monday, November 8th 2010 - 04:14 UTC

  World Dairy summit in NZ with 2.200 participants from 66 countries

  

  A record 2200 participants from 66 countries are attending what is billed as the world's most important dairy conference, the World Dairy Summit, in Auckland, lured by New Zealand's appeal both as global dairying leader and an attractive destination, say organisers.

• Monday, November 8th 2010 - 03:15 UTC

  Roursseff wants lower interest rates; Meirelles could end as ambassador in the US

  

  Brazil's President-elect Dilma Rousseff is unlikely to ratify central bank President Henrique Meirelles in his post, mainly because of Meirelles' aversion to cut interest rates rapidly, O Estado de S. Paulo newspaper reported on Sunday, citing a person with direct knowledge of Rousseff's plans.

• Monday, November 8th 2010 - 03:06 UTC

  Rural poverty remains strong in Latin America in spite of agriculture boom

  

  Agriculture in Latin America and the Caribbean has had a dynamic development growth during this decade but it has not been sufficient to reduce rural poverty in the region according to a report from FAO and the UN Economic Commission for Latin America and the Caribbean, Cepal.

• Saturday, November 6th 2010 - 07:38 UTC

  Risk agencies caution about economic policy changes expectations in Argentina

  

  Concern that Argentina’s government is reporting unreliable economic data is keeping Moody’s Investors Service from boosting the nation’s credit rating, said Patrick Esteruelas, an analyst with the company.

• Saturday, November 6th 2010 - 07:34 UTC

  Bernanke explains what the Fed did and why: deflation and stagnation fears

  

  Following the latest decision from the Fed to pump more money into the US economy which triggered a barrage of criticisms from overseas, chairman Ben Bernanke in a column published in The Washington Post explains what it did an why.

• Friday, November 5th 2010 - 23:50 UTC

  Colombia, Chile and Peru launch integrated stock markets November 22

  

  Colombia approved Friday the integration of the Colombian stock exchange with those of Chile and Peru opening the way for the start of joint operations next November 22.

• Friday, November 5th 2010 - 22:58 UTC

  China opens beef market to Argentina; farmers warn lack of sufficient cattle

  

  China will open its market to Argentine beef consolidating the end of a conflict that started earlier this year when Beijing decided to suspend “on sanitary reasons” the import of soy-oil from Argentina, a ban that was only lifted last month.

• Friday, November 5th 2010 - 22:41 UTC

  Australia and India increase interest rates amid fears of rising inflation

  

  Australia and India have both raised interest rates by a quarter percentage point amid fears of rising inflation. The central bank of Australia put up rates from 4.5% to 4.75%, surprising markets with the first rise since May.