International

Monday, April 11th 2011 - 21:09 UTC
Brazil aware its relation with China raises the risk of “Dutch Disease”

President Rousseff arrived in Beijing Monday to begin a state visit to China that will incorporate Thursday’s summit of BRIC leaders. However Ms Rousseff’s trip to China is symbolically important since it is her first overseas visit outside Latin America and underlines the growing importance of the Brazil/China relationship, points out Capital Economics.
Monday, April 11th 2011 - 21:04 UTC
IMF optimistic report but warnings about overheating in emerging economies

The global economic recovery is gaining strength, with world growth projected at about 4½ percent in both 2011 and 2012, but unemployment remains high, and risks of overheating are building in emerging market economies, the IMF said in its latest forecast.
Monday, April 11th 2011 - 20:04 UTC
U2 current worldwide tour nets 558m; beats Rolling Stones record

U2's current worldwide 360° tour has become the highest grossing in history, beating the record previously set by The Rolling Stones between the years 2005-2007, reported Live Nation Entertainment.
Monday, April 11th 2011 - 19:49 UTC
China plans to invest 10 billion USD in soy production and processing in Brazil

China plans to invest ten billion US dollars in the production, storage and transport of soybeans in Brazil to ensure the supply of the commodity of which it is the world’s main importer, according to press reports in Beijing.
Monday, April 11th 2011 - 05:24 UTC
Protestors force Petrobras to suspend off shore seismic surveying in New Zealand

Brazilian oil giant Petrobras suspended an offshore survey Sunday in New Zealand after several environmental activists jumped into the water to block the passage of the ship conducting the study, reports the NZ press.
Saturday, April 9th 2011 - 07:56 UTC
Oil prices surge to a 2.5 year high on concerns about supply and the dollar

Oil prices have surged to a two-and-a-half-year high on concerns about supply and a weaker dollar. Brent crude topped $126, while US crude was at $112.79.
Saturday, April 9th 2011 - 07:53 UTC
Syrian government kills 23 peaceful protestors on Muslim day of prayer

Protests erupted across much of the Arab world on the Muslim day of prayer, with demonstrators killed in Syria and Yemen while Egyptians staged one of the biggest rallies since President Hosni Mubarak's fall.
Friday, April 8th 2011 - 22:41 UTC
Chinese think-tank forecasts BRIC countries to overtake the US economy by 2015

BRIC countries (Brazil, Russia, India and China) are expected to contribute one-third of the world's GDP increase in 2015, by which time their total economy will surpass United States, according to a leading Chinese think tank.
Friday, April 8th 2011 - 21:54 UTC
“Naked” penguin chicks in Argentina and South Africa puzzle scientists

Researchers from the Wildlife Conservation Society, the University of Washington, and other groups are grappling with a wildlife mystery: Why are some penguin chicks losing their feathers?
Friday, April 8th 2011 - 20:06 UTC
US military Unified Command Plan reflect the growing importance of the Arctic

Changes made to the US military’s Unified Command Plan shift geographic boundaries and stress the growing importance of the Arctic, US Pentagon officials said in an American Forces press service