Current Edition

Current Edition
Monday, December 20th 2010 - 06:09 UTC

Which are the countries most effective in reducing poverty and inequality?

Alicia Barcena, head of the UN regional economic commission

Argentina, Brazil, Bolivia and Venezuela are the countries which most reduced inequality and poverty during the last decade in Latinamerica, according to Alicia Bárcena, executive secretary from the United Nations Economic Commission for Latin America and the Caribbean, Cepal.

Monday, December 20th 2010 - 05:45 UTC

“Too much secrecy, too many lies” have taken the revolution to a critical situation

Raul Castro candidly admits errors committed for too long by the leadership

In a dramatic speech to the National Assembly Cuba’s Raul Castro said he wasn’t elected to restore capitalism nor to surrender Socialism but admitted that “too much secrecy and too many lies” had taken the revolution to a critical situation: “either we rectify or we will plunge from the cliff and the efforts of entire generations would be lost”.

Monday, December 20th 2010 - 05:39 UTC

Three more Latam countries ‘are ready to recognize’ a Palestine state

PNA Foreign Affairs minister Riad al Malki made the announcement on the “Voice of Palestine”.

Ecuador, Paraguay and Peru are expected to recognize the state of Palestine with its borders prior to 1967, following the recent announcements from Brazil, Argentina, Uruguay and last week Bolivia, according to Palestine sources.

Monday, December 20th 2010 - 05:32 UTC

Brazil world fourth largest market for the auto industry: 3.45 m sales in 2010

Cars lined up ready for distribution in the domestic and overseas markets

Brazil has become the world’s fourth largest market for the automobile industry with sales of 3.45 million in 2010, up 9.8% over 2009, and is also attracting massive overseas investments to the industry, reports Anfavea the Brazilian Association of automobile manufacturers.Brazil now stands behind China, United States, Japan and ahead of Germany.

Monday, December 20th 2010 - 05:17 UTC

Stolen fiscal “wikileaks” earn the German treasury 1.6 billion Euros

Credit Suisse in Germany branches raided on tax evasion probe

German tax authorities recovered 1.6 billion Euros this year from citizens who had stashed their cash in secret accounts in Liechtenstein and Switzerland, according to the weekly Der Spiegel.

Monday, December 20th 2010 - 05:09 UTC

Uribe willing to accept US military forces fearing an attack from Venezuela

Uribe, Santos and ambassador Brownfield

Former Colombian President Alvaro Uribe considered allowing the U.S. military access to Colombian bases as a way to deter possible Venezuelan attacks, a leaked cable from then-Ambassador to Bogotá William Brownfield says.

Saturday, December 18th 2010 - 21:08 UTC

Chilean wine industry booming: sales up 10% and exports 11.7%

Plans to double exports and add 26.667 hectares of vineyards by 2020

Between Jan and Oct 2010, 83 of the top 100 Chilean wineries increased their sales of bottled wine. According to figures from Wines of Chile, 68 of these wineries increased sales by more than 10%. Exports have increased by 11.7% compared to figures during the same period in 2009.

Saturday, December 18th 2010 - 19:09 UTC

Conflicting assessments of Argentina’s defence policy and military capabilities

Half the Argentine Air Force is grounded and pilots loosing their flying certificates claims Jaunarena

Conflicting assessments of Argentina’s military capacity, defence policies and future planning were given by the brand-new Defence minister, Arturo Puricelli and a former minister from the opposition.

Saturday, December 18th 2010 - 19:04 UTC

Fiat targeting a production of over a million cars in Brazil

Brazil is Fiat’s main market after Italy

Fiat announced this week that it plans to invest 3 billion Real (approx. 1.7 billion USD) to build a second plant in Brazil, the carmaker’s No. 2 market after its native Italy.

Saturday, December 18th 2010 - 19:03 UTC

China targeting economic growth of 8% and 4% inflation for 2011

Zhang Ping, head of the National Development and Reform Commission

The Chinese government is targeting economic growth of around 8% and inflation of around 4% next year, state television reported this week, citing Zhang Ping, the head of the National Development and Reform Commission.

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