Economy

• Thursday, June 21st 2012 - 05:34 UTC

  Brazil’s central bank forecasts strong rebound in last quarter and early 2013

  

  Brazil’s economy will be expanding in the beginning of next year at the fastest pace since the last quarter of 2010, said central bank President Alexandre Tombini.

• Thursday, June 21st 2012 - 05:07 UTC

  UK largest corporations will have to report greenhouse-gas emissions in profit reports

  

  UK Deputy Prime Minister Nick Clegg announced that starting next April, all companies that list on the London Stock Exchange will be required to publish their greenhouse gas emissions in corporate earnings reports.

• Wednesday, June 20th 2012 - 20:30 UTC

  Federal Reserve extends monetary stimulus for another six months

  

  The Federal Reserve extended on Wednesday its monetary stimulus to the US economic recovery renewing effort to depress borrowing costs by selling short-term bonds to buy longer-dated ones.

• Wednesday, June 20th 2012 - 10:32 UTC

  Once the pride of the RAF and RN, the Harriers sit at the US “Boneyard”

  

  Once the pride of Britain’s RAF and Royal Navy, the now stripped-down Harrier vertical take-off jump jets sit like skeletons in the famous US aircraft ‘Boneyard’ in the Arizona desert.

• Wednesday, June 20th 2012 - 06:52 UTC

  Last minute deal on trade barriers reveals strong divide at the G20 summit

  

  World leaders extended by one year their vow not to put up new trade barriers at the G20 summit on Tuesday in a last-minute deal that exposed deep rifts over protectionism.

• Wednesday, June 20th 2012 - 06:37 UTC

  Uruguayan government takes over bankrupt airline from private investors

  

  The Uruguayan government has reassumed control of Pluna, the nation's flag carrier after the airline’s controlling shareholder Leadgate announced that it will withdrawal from the ownership structure of the company.

• Wednesday, June 20th 2012 - 06:30 UTC

  Countries boost IMF emergency funding to 456 billion dollars

  

  Nations from around the world firmed up their commitments to provide emergency resources for the International Monetary Fund (IMF) designed to deter the spread of crises and increase the institution’s lending capacity to help countries in financial trouble.

• Wednesday, June 20th 2012 - 06:24 UTC

  UK inflation drops to 2.8% in May pushed by lower fuel and food prices

  

  UK rate of inflation fell last month to a two-and-a-half year low owing to slowing fuel and food prices. The Consumer Prices Index (CPI) measure fell to 2.8% in May from 3% in April, the Office for National Statistics (ONS) said.

• Wednesday, June 20th 2012 - 00:35 UTC

  Uruguay meat exports so far this year total 195.459 tons and 766 million dollars

  

  Uruguay meat exports so far this year (June 9) represented 766 million dollars which is slightly higher that the same period last year when the sum was 722 million dollars; likewise tonnage was 195.459 compared to 184.749 tons in 2011.

• Tuesday, June 19th 2012 - 06:59 UTC

  Brazil/Argentina agree G20 common position, but will wait to listen to Germany

  

  Brazil and Argentina agreed on Monday “to oppose any financial adjustment plan” and sponsor development and growth policies to face the world crisis, in the framework of the two-day G20 summit taking place in Mexico.