Investments

• Tuesday, January 10th 2012 - 05:49 UTC

  Bush fires in Patagonian Chubut out of control; several towns evacuated

  

  Authorities from the Argentine Patagonia province of Chubut issued a red alert on the fires that affect forest areas and decided to evacuate El Hoyo town, while 40 Chilean fire-fighters were expected to arrive to the mountain region to help put out the bush fires.

• Tuesday, January 10th 2012 - 05:48 UTC

  Brazil to build five new dams in the Amazon but with “oil-rigs” technology

  

  Brazilian president Dilma Rousseff signed the decree for the construction of five new hydroelectric dams in the Amazon basin and readies for a renewed attack from domestic and international environmentalists against the project.

• Monday, January 9th 2012 - 06:57 UTC

  PM Cameron discards any Falklands’ sovereignty negotiations with Argentina

  

  British Prime Minister David Cameron discarded any Falkland Islands sovereignty negotiations with Argentina and said that his government is permanently vigilant about the protection of the Islands and their defence.

• Monday, January 9th 2012 - 06:54 UTC

  UK and France Europe set to clash again, this time over the “Tobin tax”

  

  UK's Prime Minister David Cameron said for the first time he would veto a European-wide financial transaction tax unless it was imposed globally, deepening a confrontation with European Union heavyweights France and Germany.

• Monday, January 9th 2012 - 06:52 UTC

  China increases money supply and relaxes credit to ‘fine tune’ the economy

  

  China's lending and money supply grew at a faster pace than expected as the country relaxed its credit restrictions. New loans worth 640.5bn Yuan (101bn dollars) were issued in December, up from 562.2bn Yuan in November.

• Monday, January 9th 2012 - 06:51 UTC

  Iran’s Ahmadinejad begins Latam tour in Venezuela: meeting with Chavez

  

  Venezuelan President Hugo Chavez will welcome his Iranian counterpart Mahmoud Ahmadinejad on Monday on his first stop of a five-nation tour of Latin America, state media reported.

• Sunday, January 8th 2012 - 05:36 UTC

  Uruguay and Argentina among the ten countries worldwide with highest inflation

  

  Inflation in Uruguay was not only far above target domestically but also figures among the ten highest in the world, and in Latam only behind Argentina and Venezuela

• Sunday, January 8th 2012 - 05:34 UTC

  Argentine “grandstanding” and acting illegally in the Falklands’ issue

  

  Argentina’s government is “grandstanding” and acting illegally in imposing a blockade on ships from the Falkland Islands, Henry Bellingham has claimed in an interview with the Lynn News from England.

• Sunday, January 8th 2012 - 05:31 UTC

  Excellent press and forecast for Falklands’ Rockhopper Exploration oil prospect

  

  Investment banking heavyweight Credit Suisse has initiated coverage of Rockhopper Exploration with a bullish assessment of prospects for the Falklands–focused firm, reports Proactive Investors UK.

• Sunday, January 8th 2012 - 05:29 UTC

  Brazil celebrates having achieved 2011inflation target, but it’s highest since 2004

  

  Brazil's government just met its inflation target for 2011, which was a surprise victory forPresident Dilma Rousseff and for a central bank that struggled for most of the year with rising food and commodities prices. However it is the highest inflation since 2004.