Politics

Wednesday, September 5th 2012 - 01:07 UTC
President Rousseff hints to further stimuli measures for manufacturing sector

Brazilian president Dilma Rousseff said her government would continue with the policy of reducing labour costs to favour companies and improve their competitiveness and hinted that new initiatives referred to power costs for industry could be in the pipeline.
Wednesday, September 5th 2012 - 01:01 UTC
Tax cuts and lower rates help record car sales in Brazil during August: 400.00 units

Brazil car sales rose to a record 400,000 units in August as tax cuts and lower borrowing costs spur consumer spending. Fiat, the country’s biggest automaker, said that tax cuts that took effect in May and were extended last week through October spurred industry sales of cars and light vehicles last month.
Wednesday, September 5th 2012 - 00:30 UTC
Unification Church forecasted to survive as an economic rather than religious group

The death of Sun Myung Moon deprives the Unification Church of a charismatic leader, the engine behind the business and religious success, and now faces an uncertain future when the number of followers has been falling since the eighties.
Wednesday, September 5th 2012 - 00:14 UTC
EC regrets stances of “protectionism” and “populism” in some Mercosur members

The president of the European Commission Jose Durao Barroso said on Tuesday that the EU 27 members still want to reach a free trade agreement with Mercosur, but warned that the “protectionist stances” from some of its members makes it difficult.
Wednesday, September 5th 2012 - 00:05 UTC
Argentina files third trade complaint challenging US laws that block fresh lemons

Argentina has filed its third trade complaint in two weeks, the World Trade Organization said on Monday, challenging US laws that it says have blocked imports of fresh lemons from north-west Argentina.
Tuesday, September 4th 2012 - 23:55 UTC
PM Cameron reshuffles cabinet but keeps unpopular Osborne as Chancellor

British Prime Minister David Cameron reshuffled his ailing coalition government on Tuesday, but kept unpopular finance minister George Osborne and foreign minister William Hague in their jobs.
Tuesday, September 4th 2012 - 23:42 UTC
Russia’s Gazprom ready to help YPF develop gas and non-conventional resources

Argentine nationalized oil company YPF moved forward in the signing of an agreement with Russian state oil company Gazprom to develop conventional and non-conventional gas in Argentina and the eventual supply of liquefied gas.
Tuesday, September 4th 2012 - 23:35 UTC
Santos announces talks to end conflict with FARC begin next month in Oslo

Colombian President Juan Manuel Santos said talks with the Revolutionary Armed Forces of Colombia (FARC) guerrillas to end the long standing conflict would start in Oslo in the first half of October before moving to Havana.
Tuesday, September 4th 2012 - 18:26 UTC
Argentine industry asks for flexible imports but strongly supports government policies

Argentina’s Industrial Union, UIA, called on the government of President Cristina Fernandez to ease the imports of inputs for manufacturing, which is suffering from shortages caused by severe controls, although at the same time was supportive of official policies to boost industry.
Tuesday, September 4th 2012 - 07:11 UTC
Strong Peso and imports’ controls vital for reindustrialization of Argentina

President Cristina Fernández blasted those sectors that demand a cheaper Peso (and stronger US dollar) and defended the exchange rate and imports' controls saying they are “vital” for the industrialization process of Argentina.