Stories for July 2010
Uruguay concerned with Argentine ‘naval harassment’ in South Atlantic international waters
Uruguayan merchant and naval shipping is under continuous harassment from the Argentine Navy in South Atlantic international waters, a new chapter of the difficult relations between the neighbouring countries, reports Montevideo’s main daily El Pais, quoting undisclosed Parliament sources.
Mrs. Kirchner to Beijing to mend trade relations with China
Argentine president Cristina Kirchner will be signing 10 billion US dollars in trade agreements with China during her official visit to the Asian giant scheduled to begin next July 13, according to Foreign Affairs minister Hector Timerman.
Moreno re-elected president of the Inter American Development Bank
Luis Alberto Moreno was re-elected president of the Inter-American Development Bank today during a special meeting of the IDB Board of Governors at the Bank’s headquarters in Washington, D.C.
Unasur will be the “political complement which is missing with Mercosur”
Unasur (Union of South American Nations) Secretary General Nestor Kirchner said on Tuesday that the regional block will become “the political complement which is missing with Mercosur”.
Argentina, Brazil, Spain leaders offer to mediate in Middle East conflict
The European Union and Latinamerica could play a crucial role in helping solve the Middle East conflict said Syrian president Bashar al-Assad following an offer from Spanish president Jose Luis Rodriguez Zapatero to mediate in a Damascus-Israel dialogue.
Brazil’s Embraer opens aircraft technical services subsidiary in China
Brazilian aircraft manufacturer Embraer announced Tuesday the creation of a technical-services subsidiary in China, where the company has been building planes since 2003 in a joint venture with a Chinese firm.
Retrurn of Honduras to OAS, is “only a matter of time”
United States Under-secretary of State for Hemisphere Affairs, Arturo Valenzuela, said Honduras' re-incorporation to the Organization of American States (OAS) “is progressing” and that it is only “a matter of time.”
EU files document on ‘Argentine protectionism’ to WTO Council for Trade
European Commission officials confirmed Monday that a document on “Argentina’s protectionism” was filed to the World Trade Organization within the framework of the growing concern among several European countries about Buenos Aires position which is also seen as an obstacle for the renewed trade and cooperation talks between the EU and Mercosur.
Economist predicts slow recovery from the crisis and major shift in world power
The Secretary General for Ibero-America and former president of the Inter American Development Bank, IDB, Enrique Iglesias warned Monday that exiting the current global crisis will be “much slower than was anticipated” and will give greater emphasis to “more government and less markets”.
Brazilian development bank lending level and rates triggers controversy
Brazil’s state development bank President Luciano Coutinho rejected criticism that record lending is placing a burden on the central bank to keep inflation in check and slowing the reduction of public debt.
