Stories for June 16th 2010

Wednesday, June 16th 2010 - 05:31 UTC

Argentine pickets insist with pollution controls inside Uruguayan pulp mill

Gualeguaychú Assembly lawyer Osvaldo Fernández confirmed the proposal will be considered Wednesday at an open meeting

Argentine pickets who have been blocking since 2006 a bridge leading to neighbouring Uruguay to protest the construction of a pulp mill on the Uruguayan side said they are open to negotiations.

Wednesday, June 16th 2010 - 04:52 UTC

Brazil denies, and will not accept, contacts with Falklands’ oil industry

The Brazilian government denied that the Falkland Islands “have been looking for business options in Brazil” specifically linked to hydrocarbons exploration, according to the head of the South American Desk at the Brazilian Foreign Affairs ministry.

Wednesday, June 16th 2010 - 04:48 UTC

European leaders criticize risk-rating agencies for downgrading Greek debt

European Economic and Monetary Affairs Commissioner Olli Rehn

Moody's decision to downgrade Greek debt was ill-advised and ill-timed, European Economic and Monetary Affairs Commissioner Olli Rehn said, adding that it cast fresh doubt on risk-ratings agencies.

Wednesday, June 16th 2010 - 04:46 UTC

Chile’s most expensive properties cost around 3.700 USD per square meter

Territoria 3000 tops the list of expensive real estate in Chile.

The most expensive residential buildings per square meter in Chile are located in the Metropolitan Region’s boroughs of Las Condes and Vitacura. In these areas, properties prices are double that of other boroughs such as Ñuñoa and downtown Santiago.

Wednesday, June 16th 2010 - 04:41 UTC

Afghanistan future formidable competitor of Chile in copper and lithium

The Western presence in Afghanistan could be longer than expected

Nearly one trillion US dollars of untapped mineral resources have been found in Afghanistan by US officials, including iron, copper, cobalt, gold, and lithium.

Wednesday, June 16th 2010 - 04:39 UTC

Buenos Aires has 15.000 ‘reported’ homeless of which 4.500 children

Argentina’s capital Plaza de Mayo and Government House

At least 15.000 people live in the streets of Argentina’s capital Buenos Aires where last year 113 died because of the cold or lack of medical assistance, warned a report from a Non Government Organization, Doctors of the World and Project 7.

Wednesday, June 16th 2010 - 04:30 UTC

Brazilian meats’ corporation set to become main supplier of McDonald’s

Keystone distributes poultry and beef to 30.000 restaurants worldwide

Marfrig Alimentos SA, Latin America’s second-largest beef producer, agreed to buy meat processor US based Keystone Foods LLC for 1.26 billion US dollars to become a supplier to restaurant chains such as McDonald’s Corp.

Wednesday, June 16th 2010 - 04:28 UTC

Argentine minister encouraged with Japanese acceptance of bond-swap

Finance Secretary Hernan Lorenzino from Japan travels to Italy.

A majority of Japanese investors holding defaulted Argentine debt have exchanged it for new bonds and cash as part of an 18.3 billion US dollars swap that expires June 22, Argentina's finance secretary said on Tuesday.

Wednesday, June 16th 2010 - 04:26 UTC

Switzerland closer to handing list of suspected US tax-evaders

The survival of one of the country’s icon banks is at stake: UBS

Switzerland's parliament has voted to approve a deal which would see information on suspected tax-evaders be passed to US authorities. The Lower House of the Swiss parliament backed the agreement 81 to 61 with 53 abstentions, reversing its earlier decision to reject the agreement last week.

Wednesday, June 16th 2010 - 04:24 UTC

Unasur fearful of overlapping with the Andean Pact and Mercosur

Nestor Kirchner (R) next to Ecuadorean president Rafael Correa

The Union of South American Nations (UNASUR) Secretary General Néstor Kirchner said on Tuesday he hopes for the block to “create profound policies in the region” but without overlapping on other regional organizations such as Mercosur.

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