Stories for December 11th 2009

Saturday, December 12th 2009 - 07:52 UTC

Regional left-leaning trend challenged by Chilean Sunday presidential election

The incumbent candidate must appeal to President Bachelet’s popularity

No one is going to win an outright majority in Chile’s first round presidential election on December 13 and a January 17 run-off between the conservative millionaire, Sebastian Piñera, and the former Christian Democrat President, Eduardo Frei, looks likely.

Saturday, December 12th 2009 - 07:48 UTC

HMS Exeter is celebrated in a new set of Falklands stamps.

“Five ships of the Royal Navy have been named after the city of Exeter in Devon. Two were built in the 20th Century and both were to play important roles in the history of the Falkland Islands, explained Falklands Philatelic Bureau Manager Anton Livermore.

Saturday, December 12th 2009 - 07:45 UTC

US warns Latinamerica ing about “flirting” with the Iran regime

Iranian President Mahmoud Ahmadinejad recently visited Brazil, Venezuela and Bolivia

US Secretary of State Hillary Clinton Friday urged Latin American countries to “think twice” about establishing links with Iran, which she said is the world's leading promoter and exporter of terrorism. Clinton also expressed concern about democratically-elected leaders in Latin America who later move to undermine democratic institutions.

Saturday, December 12th 2009 - 01:59 UTC

Most Chileans earn less that 500 USD monthly, says Labour ministry poll

The poll also confirms the volatility of the Chilean labour market

Over half of Chile’s contracted labour force (54%) earns a maximum monthly salary of 490 US dollars net (630 USD gross), according to the Labour Ministry’s recent ENCLA survey. This amounts to about twice the minimum 315 USD monthly minimum wage.

Saturday, December 12th 2009 - 01:28 UTC

I’ll be back: military boss bids Falklands farewell

Outgoing CBFSAI Air Commodore Gordon Moulds chats with FIDF Private Jeremy “Spurs” Henry at the Battle Day parade

AS Air Commodore Gordon Moulds CBE completes his final week as the Commander British Forces South Atlantic Islands (CBFSAI) he said he was going to miss the job, the Falklands and the people.

Friday, December 11th 2009 - 17:34 UTC

FAO report predicts “an ocean of change” for fishers and fish farmers

Marine capture fisheries already facing multiple challenges due to overfishing, habitat loss and weak management are poorly positioned to cope with new problems stemming from climate change, a new FAO study suggests.

Friday, December 11th 2009 - 14:14 UTC

Brazil and Argentina try again to reach an agreement on bilateral trade

Lula and Cristina always smiling for the official photo, but...

Brazil and Argentina are currently discussing the possibility of reducing the number of products subject to the so called non automatic import licences which has been obstructing bilateral trade and causing a rift between Mercosur’s largest partners.

Friday, December 11th 2009 - 14:04 UTC

Brazilian GDP growth in thirs quarter is less that expected: 1.3%

The country economy’s so far has contracted 1.7% over last year

The Brazilian economy expanded 1.3% in the third quarter of 2009 compared to the previous quarter according to the official release on Thursday from the country’s statistics office, IBGE.

Friday, December 11th 2009 - 13:55 UTC

Argentina was sure Chile would not be involved in Falklands’ oil exploration

Palacio San Martín, seat of the Argentine Foreign Affairs ministry

The Argentine government minimized the potential impact to bilateral relations with Chile following news that the country’s oil company Enap had been approached by a British corporation to team up for hydrocarbons exploration offshore the Malvinas Islands.

Friday, December 11th 2009 - 13:52 UTC

Argentina clears the way for outstanding debt swap and new bonds issue

The administration of Cristina Kirchner faces a tight financial year in 2010

In the latest step to finish with outstanding debt problems and return to markets, the Argentine government officially allowed issues of new bonds to be swapped for defaulted government paper.

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