Stories for November 20th 2010
Random and surprise inspections of fishing vessels docked in Montevideo
Uruguayan authorities begun this week surprise and random safety inspections of fishing vessels docked in the port of Montevideo following a succession of fire incidents, mostly involving Korean flagged vessels which were described as “suspicious”.
Mujica praises Argentina/Uruguay common past; calls for an end to ‘ports’ war’
Uruguayan president Jose Mujica underlined the strong common links going back to the birth of Argentina and Uruguay and called for an end to the “ports’ war” (Montevideo vs Buenos Aires) a rivalry born when the two countries were provinces of the colonial Spanish empire.
Tourism industry generates 9% of global GDP and 8% of world employment
The travel and tourism industry is one of the largest and most dynamic industries in today’s global economy expected to generate about 9% of total GDP and provide for more than 235 million jobs in 2010 representing 8% of global employment.
Argentine economic activity expands strongly in September but at slower pace
Argentina's economy activity expanded strongly in September but at a slower pace than in previous months, according to a Friday release from the country’s Statistics Office, Indec.
Chile launches Antarctic season with 52 scientific research projects
Chile will undertake its most ambitious scientific expedition in almost half a century of Antarctic activities with 52 projects planned for the 2010/2011 season. The activities program was announced by Javier Arata head of the Chilean Antarctic Institute Antarctic Science Program.
CFK ratifies economic model based on defence of Argentine production and jobs
President Cristina Fernández de Kirchner (CFK) ratified the current economic development model with strong government intervention and supported her position with the latest data on unemployment and growth.
Bernanke warns about two-speed recovery which could end in slow growth for all
The United States central bank chairman Ben Bernanke has criticised countries like China that run large trade surpluses. He said that by buying dollars, these countries were hurting the US recovery and the global economy with it.
