Stories for November 17th 2010
Argentina has sent an expert in storage and humanitarian aid to the Caribbean island of Santa Lucia, recently ravaged by hurricane Tomas. The expert and 20 boxes containing sufficient pills to supply 600.000 litres of drinking water was expected to arrive in the island this week.
Uruguayan businessman Gaston Savoi long established in South Africa is facing corruption and tax evasion charges in association with top figures from the ruling African National Congress party belonging to the provincial governments of KwaZulu-Natal and Northern Cape.
Uruguay has ordered an in depth investigation to all fires in fishing vessels occurred in the port of Montevideo since 2008 following a second incident in two days, Monday and Wednesday early dawn, involving a Korean flagged trawler and a now jigger.
The European Commission (EC) has proposed fishing cuts for 64 species after having announced the new total allowable catch (TAC) for 2011 and fishing effort levels in the Atlantic Ocean, the North Sea and international waters regulated by regional fisheries management organizations.
A new strategy that will reinvigorate the UK's relationship with its Overseas Territories will be at the heart of discussions at the annual Overseas Territories Consultative Council which begins Wednesday 17 November.
Argentine Economy Minister Amado Boudou confirmed that the ministry sent a letter to the Paris Club in order to initiate negotiations and establish a course of action for the cancellation of debt, although no specific dates were mentioned.
Latin America's economic growth is expected to be two or three times larger than Spain's in the next few years, says a private report by Banco Santander in an effort to encourage Spanish small businesses to take advantage of the growth and job opportunities that the region has to offer.
Brazil’s Lula da Silva and former Uruguayan president Tabare Vazquez are the most probable candidates for the Union of South American Nations, Unasur, secretary general chair, according to Ecuadorean president Rafael Correa. Ecuador currently holds the rotating presidency of Unasur.
UK market research company Verdict has forecast the engagement of Prince William and Kate Middleton and their subsequent Royal Wedding next year could give a £620m (billion US dollars) boost to the economy.
A meeting of Euro zone ministers in Brussels ended with a promise to work towards further help for Ireland. The EU monetary affairs commissioner, Olli Rehn, said the 27-country bloc would intensify work on a support programme for Ireland - should Dublin request one.