Stories for August 11th 2010
Chinese industrial growth slows down for fifth consecutive month
Chinese industrial growth slowed again in July, adding to data suggesting that the country's economy is cooling. Factory output was up 13.4% from July 2009, but this was the fifth consecutive month the annual pace had slowed and the lowest rate of 2010.
Piñera promises full investigation into accident with 33 trapped miners
With 33 miners remain trapped in a mine near the city of Copiapó in Chile’s north the Chilean government is taking action to determine who is responsible for this tragedy and how similar events can be avoided in the future.
Ecuador’s Correa blames former leader Uribe for the bilateral conflict
Ecuadorian President Rafael Correa blamed former president Alvaro Uribe for wrecking trust between the two nations by ordering a military attack on Ecuador's soil (in 2008) without requesting authorization from Quito.
Timerman meets Hillary Clinton to elaborate bilateral and regional agenda
Argentine Foreign Affairs Minister Héctor Timerman is travelling to Washington for a series of meetings with several of US President Barack Obama's advisors in relation to regional, economic and nuclear issues in Latin America.
Two scientists allege to have solved “The Bermuda Triangle” mystery
According to two research scientists the mystery of vanished ships and airplanes in the region dubbed “The Bermuda Triangle” has been solved. No need to appeal to outer space aliens, time anomalies, submerged giant Atlantis pyramids and bizarre meteorological phenomena ... the “Triangle” simply suffers from an acute case of gas.
Church bells in Wales return home to Santiago to mark Chile’s bicentennial
A set of church bells that survived a Santiago fire and spent almost 150 year in Wales will return to Chile to mark the country's bicentennial celebrations, Minister for Latin America Jeremy Browne made the announcement Tuesday.
Falklands’ air-bridge Air Seychelles begins to comply with EU emissions rules
Air Seychelles which currently covers the Falkland Islands/United Kingdom air bridge is in the process of meeting the European Union’s emissions’ monitoring and reporting requirements, reports Global Travel Industry News.
Private sector anticipates strong performance of Argentine economy in 2010/11
Argentina’s Finance Executive's Institute (IAEF) indicates Argentina could grow 6.5% in 2010 and 4.5% in 2011 according to its August report released this week.
China’s import growth slowed down in July, while exports kept rising
China's import growth slowed in July, which economists are seeing as a sign that the country's rapid economic expansion is cooling. Imports climbed by 22.7% compared with a year ago to 116.8 billon US dollars, which is well below the 53% expansion seen in June.
Japan leaves benchmark rate on hold; fears Chinese slowdown
Japan's central bank has kept its benchmark interest rate unchanged as it tries to nurture the country's slow recovery from recession while also attempting to tackle deflation. Rates have been held at 0.1% since the end of 2008.
