Stories for March 8th 2010
Coordinated restrictions for hake fishing in Patagonia’s San Jorge Gulf
Argentine Fisheries Director Norberto Yauhar suspended the initiative to limit common hake (Merluccius hubbsi) fishing in waters of San Jorge gulf following a meeting with fisheries officials from Patagonian provinces.
Chile Telethon Raises US$58 Million For Disaster Victims
Around 10,000 volunteers in 400 locations across Chile united to raise funds for the earthquake stricken country over the weekend.
Latinamerica forecasted to expand 3% or more, this year
The Latinamerican economy is poised to expand 3% or more in 2010, the year that will signal the beginning of recovery for the region according to the Inter American Development Bank, (IDB), President Luis Alberto Moreno.
Chavez incorporates ousted Zelaya to his payroll through Petrocaribe
Ousted former Honduras President Manuel Zelaya has been appointed Head of a “Political Council” of Venezuelan energy consortium Petrocaribe which allows Caribbean and Central American nations to buy oil at a discount from Venezuela.
Argentina awarded the Oscar for the best foreign language film
The Argentine film “The Secret in Their Eyes” a thriller about a 25-year-long manhunt, which paints rough times in recent Argentine political history, won the Academy Award for best foreign language film.
Argentine government tells Congress it will pay debts with reserves
Argentine government officials reiterated over the weekend that despite efforts from the opposition to stop the Government, it would service the public debt with the Central Bank foreign reserves.
Brazil cutting liquidity but preparing plan to promote exports
Brazil is preparing a package of incentive but this time to promote exports which suffered significantly last year because of the global slowdown, announced Finance minister Guido Mantega in an inteview with Folha de Sao Paulo.
Chileans say government responded “late and inefficiently” to earthquake
Most Chileans are unhappy with their government's response to the catastrophic earthquake and squarely blame President Michelle Bachelet for shortcomings, according to a poll published over the weekend.
Encouraging signals from US job market even when unemployment is 9.7%
Encouraging news from the United States labour market: employers shed fewer jobs than expected in February, cutting 36,000 jobs. This was better than the 50,000 analysts had been expecting.
Latam conservative parties encouraged with recent electoral victories
Latinamerican conservative political parties meeting in Central America said there has been a set back for the left wing in the region following on the recent conservative electoral victories in Chile, Costa Rica, Honduras and Panama.
