Stories for July 20th 2010
Argentina blockading the Falklands with “no respect for Islanders human rights”
The Falklands Chamber of Commerce claims that Argentina has in effect imposed a sea-blockade of the civilian population of the Falklands with no respect whatsoever for the human rights of the Falkland Islanders, while at the same time it cynically promotes commitment to human rights on the world stage.
Brazil announces massive airport investment in anticipation of 2014 World Cup
The Brazilian government announced Monday investments equivalent to 3.2 billion US dollars to upgrade airports in anticipation of the 2014 World Soccer Cup, one of the most sensitive issues for the massive infrastructure needed to handle millions of visitors.
Southern Cone frozen: 100 dead and thousands of cattle lost
The polar wave that has trapped the Southern Cone of South America has caused an estimated one hundred deaths and killed thousands of cattle, according to the latest reports on Monday from Argentina, south of Brazil, Uruguay, Paraguay, Chile and Bolivia.
Russians exposed to the worst heat wave in 130 years
Russia is going through its worst drought in more than a century. In Moscow, it’s hotter than in European and African resorts. The heat has caused asphalt to melt, boosted sales of air conditioners, ventilators, ice cream and beverages, and pushed grain prices up. Environmentalists are blaming the abnormally dry spell on climate change.
China buys controlling stake of New Zealand milk processor
Bright Dairy & Food Co., a unit of Shanghai’s biggest food company, agreed to buy a controlling stake in Synlait Milk Ltd., a New Zealand milk processor planning to double capacity at its South Island plant.
Uruguay overall tourism champion in Latinamerica, says Latin Tourism Index
Uruguay is overall champion of tourism in Latin America, according to the Latin Tourism Index from Latin Business Chronicle
US Fed names list of chairs with no representatives from financial services
There are no representatives of the banking or financial services industry on the list of chairs and deputy chairs designated by the United States Federal Reserve Monday to serve on the boards of the 12 regional Fed banks for 2011.
Moody’s cuts Ireland’s credit rating; warns of slow recovery
Risk rating agency Moody’s cut on Monday Ireland's credit rating, warning the country faces a slow climb out of recession as the cost of a rescue of its banking sector mounts.
Argentina/Uruguay towns celebrate first month with no pickets
The Argentine city of Gualeguaychú and Fray Bentos across the shared River Uruguay celebrated Monday the first month of the end to pickets that since 2006 had impeded traffic and trade across the international bridge linking the two neighbouring locations.
