Blog yOur Mind

Archive for the ‘South America’ Category

Venezuela loses billions despite Chavez’s control

Posted by: Blog yOur Mind on: June 20, 2009

By RACHEL JONES,Associated Press Writer
AP – Friday, June 19
VALENCIA, Venezuela – General Motors Corp. is halting production in Venezuela for three months starting Friday. Ford Motor Co.’s subsidiary announced 10 percent cutbacks last week. Other automakers also are shrinking their business _ but not because Venezuelans don’t want to buy cars.

Big 4 emerging economies meet for 1st summit

Posted by: Blog yOur Mind on: June 16, 2009

AFP – Wednesday, June 17
YEKATERINBURG, Russia (AFP) – – Leaders from the world’s leading emerging powers meet Tuesday to show their unity amid the economic crisis and coordinate strategy for increasing their influence.

China consumer prices falls

Posted by: Blog yOur Mind on: June 11, 2009

AFP – Thursday, June 11
BEIJING (AFP) – – China’s consumer prices fell for the fourth month in a row in May, data showed Wednesday as the economy continued to be hit by the global slump despite a massive stimulus plan aimed at boosting spending.


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