Stories for June 2009

Wednesday, June 24th 2009 - 15:25 UTC

Obama praises Bachelet and Lula da Silva as “model relations”

Presidents Bachelet and Obama at the White House

United States president described his Chilean peer Michelle Bachelet as “one of the most compelling leaders” of Latinamerica and together with Brazil’s Lula da Silva they are an “example” of the kind of relations Washington wants with the region.

Wednesday, June 24th 2009 - 15:21 UTC

Rescuers find gold cargo in South Atlantic sunken vessel

The powerful C-Sailor involved in the official rescue operation

The 9.6 tons of gold and silver which the Chilean trawler Polar Mist was transporting are in the vessel’s hold in waters 80 metres deep and some 40 kilometres offshore southern Patagonia, according to sources close to the rescue operation and reported in the Argentine press

Wednesday, June 24th 2009 - 08:43 UTC

UK says Falklands should be out of UN non self-governing territories list

Janet Robertson asked C24 why only Gibraltarians and Falkland Islanders are denied a right to self-determination.

The United Kingdom spokesman Chris Bryant said that the British position is that Gibraltar, the Falklands or any other Overseas Territories should not be included on the United Nations list of non self-governing territories.

Wednesday, June 24th 2009 - 08:36 UTC

Falklands oil basin open to all companies including from Argentina

Phyll Rendell told BNAmericas that any oil production round the Falklands is still at least ten years away.

The Falkland Islands would welcome more interaction with Argentine oil and gas companies as the search for what could be large offshore oil and gas reserves heats up, Falkland Islands director of minerals and agriculture Phyl Rendell told BNamericas.

Wednesday, June 24th 2009 - 08:32 UTC

Kirchner, “one of the best neighbours Uruguay has ever had”

Former president Jorge Batlle looked at the positive side of the Kirchners aggressive policy towards Uruguay.

Former Uruguayan president Jorge Batlle forecasted that Nestor Kirchner is going to be the main looser in next Sunday’s Argentine mid term elections, although he described the former Argentine president as “one of the best neighbours ever, for Uruguay’s interests”.

Wednesday, June 24th 2009 - 08:10 UTC

Uruguayan residents have 7.1 billion US dollars in overseas banks

Deposits of non residents increased significantly in Uruguay probably boosted by Argentines fearsome of political stability in their country.

Uruguayan residents’ savings in overseas banks totalled 7.1 billion US dollars in the last quarter of 2008, which represents a slight drop from September 2008 but 14% over December 2006 (6.25 billion USD) according to the latest report from the Bank of International Settlements, BIS.

Wednesday, June 24th 2009 - 08:00 UTC

South African airways adds flights to Buenos Aires

Perth in Australia and Lagos, Nigeria are two destinations SAA is also betting on expand.

South African Airways (SAA) has added capacity to its African network in keeping with its African strategy, while strengthening its network with additional flights from Perth, Western Australia and Buenos Aires, Argentina.

Wednesday, June 24th 2009 - 07:58 UTC

Criminal charges for MPs who make false allowances claims

PM Brown wants the new legislation approved before recess at the end of July

British Members of Parliament who make false allowances claims could face criminal charges under new measures announced by Commons Leader Harriet Harman. She said the Parliamentary Standards Bill would create new criminal offences as well as establishing an independent body to oversee a reformed system of MPs' pay and perks.

Wednesday, June 24th 2009 - 05:47 UTC

Uruguay’s imports plummet for the fifth month running, 41% in May

Energy shortages and prices remain the main challenges for Uruguay’s development.

Uruguay’s imports again plummeted in May for the fifth month running, with the highest inter-annual negative rate, 41%, according to the latest data from the Central Bank released this week.

Wednesday, June 24th 2009 - 05:43 UTC

World Bank forecasts Uruguayan economy growth of 0.8% in 2009

Uruguay’s neighbours Argentina and Brazil have a tough year ahead with contraction and a return to modest growth in 2010.

The World Bank estimates the Uruguayan economy will expand 0.8% this year and begin a gradual recovery in 2010 with growth reaching 2.3%. In spite of the poor 2009 estimate, it will be one of the highest of the region together with Peru, Panama, Bolivia, Belize and Guyana.

Advertisement

Get Email News Reports!

Get our news right on your inbox.
Subscribe Now!

Advertisement