Stories for March 2011

Thursday, March 31st 2011 - 02:09 UTC

The Brazilian businessman who made possible Lula da Silva’s success

Former Vice president and textile industry magnate Jose Alencar

The successful Brazilian self made man and former Vice-president Jose Alencar who assured the business community political support for the “firebrand union leader”, Lula da Silva elected in 2002 to lead Latin America’s largest economy, died in Sao Paulo on Tuesday after a long battle with cancer.

Thursday, March 31st 2011 - 01:40 UTC

Humala leads in Peruvian presidential race but run-off chances are “unlikely”

The former military officer has Peruvian markets ratting and said Lula da Silva was his ‘role model’

Presidential election races in Peru have a history of being unpredictable. What initially seemed to be a three-way battle to succeed outgoing president Alan Garcia now appears to be a five-way tussle ahead of the first round of voting on April 10 according to a report from Capital Economics.

Thursday, March 31st 2011 - 01:33 UTC

EU says Argentina’s import restrictions hurt talks for trade deal with Mercosur

Gustavo Martin Prada, head of EC in Argentina admits “difficult talks”.

Argentina's moves to restrict imports and prop up its shrinking trade surplus as well as European farmers resistance to ‘cheap’ meat imports could hurt talks for a trade deal between Mercosur and the European Union, an EU official said on Wednesday.

Thursday, March 31st 2011 - 01:10 UTC

Argentina promotes world-wide Malvinas discussion under the logo of “It takes two to tango”

Ambassador Argüello is scheduled to give a conference in Bangkok

Argentine ambassador before United Nations Jorge Argüello is scheduled to give a conference this week in Bangkok, Thailand on the ‘Malvinas Islands issue” and the South Atlantic situation.

Wednesday, March 30th 2011 - 05:25 UTC

Israel concerned with Uruguay’s position in an Israeli/Palestinian forum

Israeli ambassador in Montevideo, Dori Goren

Israel will follow with a critical eye the United Nations organized forum on the Israel-Palestine conflict which opened Tuesday in Montevideo, because whatever the results, the Israeli government is ‘particularly interested in the Uruguayan government’s position’.

Wednesday, March 30th 2011 - 05:21 UTC

Falklands’ Desire Petroleum announces drilling of sixth well has begun

The Ninky prospect well 14/15-3 will be drilled to a depth of 2.620 metres

The Falkland Islands hydrocarbons exploratory round begun over a year ago is steaming ahead. Desire Petroleum announced Tuesday it had begun exploratory drilling on the Ninky prospect with a total planned depth of 2.620 metres.

Wednesday, March 30th 2011 - 05:17 UTC

Uruguay’s farmland price jumped eight times from 2002 to 2010

Grain and oilseed agriculture has transformed Uruguay’s farm

The number of farmland transactions and the price per hectare were up in Uruguay during 2010 according to a release from Uruguay’s Agriculture and Livestock Ministry Statistics Department, DIEA.

Wednesday, March 30th 2011 - 05:14 UTC

Argentina honours Chavez with press freedom award for fighting “media monopolies”

The Venezuelan president is presented with the Roberto Walsh award (Photo EFE)

Venezuelan President Hugo Chavez was given a press freedom award during his visit on Tuesday to Argentina. The University of La Plata said it was honouring him for his efforts to break “media monopolies” in Latin America and support “popular communication”.

Wednesday, March 30th 2011 - 05:08 UTC

Chavez praises Argentina’s role in UNASUR; signs ambitious trade accord

The two presidents at Casa Rosada

Argentine president Cristina Fernández de Kirchner and her Venezuelan counterpart Hugo Chávez underlined the significance of the Union of South American Nations (UNASUR) during his one day visit to Buenos Aires. Chavez is on a tour of the region that also includes Uruguay, Bolivia and Colombia.

Wednesday, March 30th 2011 - 05:03 UTC

G20 meeting in China expected to address Japan, Libya and European debt crisis

Sarkozy as rotating president of the group had proposed the meeting seven months ago

China hosts Wednesday a Group 20 leaders meeting, originally scheduled to address the international monetary system, most probably criticism of the US Federal Reserve for flooding the world with money, but the latest world events, Japan, Libya and Europe’s debt crisis are bound to change the emphasis of the agenda.

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