The Range Rover Evoque has been awarded the title of Best Production Car in the 2010 Car Design News, Car Design of the Year awards. This highly regarded accolade is the first major international award for the Range Rover Evoque, which is shaping up to be one of the most exciting cars of 2011.
Airlines stand to earn almost 50% less this year than in 2010 as rising oil prices limit the benefits of a rebounding economy, anticipated IATA.
Inter-American Development Bank (IDB) will hold its Annual meeting in Calgary, Canada, from March 25 to 28, with the participation of top government authorities from the Bank’s 48 member countries, including several finance ministers and central banks chiefs.
The US House of Representatives has approved a measure to fund the US government for a further two weeks, avoiding a looming shut-down. The bill from the Republican-led chamber would cut government spending by 4 billion USD in that period.
In 2010, the number of cell phones in Chile grew to over 21 million, a 21% increase. Cell phone businesses attribute this growth to the number and variety of cheap tariffs available.
Brazilian executive-jet maker Embraer boosted by domestic demand, became in 2010 the number one world company in sales totalling 145 units and 19% of the global market.
The Brazilian government has “no money to buy jet fighters” in 2011 confirmed Finance minister Guido Mantega in reference to the tender for the purchase of at least 36 modern aircraft and for which France, United States and Sweden are competing.
Argentina’s January trade surplus in January confirmed the shrinking tendency increasingly present all along 2010 as imports’ growth outpaced exports by two to one.
Oil prices fell on Monday in ‘choppy’ trading as expectations that increased production from Saudi Arabia can offset supply disruptions in the region allowed investors to pause after Libya's turmoil sent prices to two and half year peaks last week.
China's Prime Minister Wen Jiabao says China is lowering its annual economic growth target from 7.5% to 7% and is determined to contain soaring prices. He was speaking in a question and answer session with internet users in what has become an annual online chat. Mr Wen said China needed to ensure that growth was sustainable.