Stories for June 2011

Thursday, June 30th 2011 - 21:07 UTC

French food giants battle over Brazil’s number one retailer

Grupo Pao de Acucar controls a 27% of Brazil’s retail market share

Two French food giants are locked in a battle to take over Brazil's number one retailer, Grupo Pao de Acucar. Proposals to merge Pao de Acucar with the local operations of Carrefour are opposed by rival Casino, which already has a stake in the Brazilian group.

Thursday, June 30th 2011 - 21:04 UTC

Chile plans to invest massively in developing tourism in Mapuche territory

Undersecretary of Tourism Jacqueline Plass

Home to pristine forests and the indigenous Mapuche people, Chile’s Araucanía Region is rich with tourism potential. However, according to the government, the area needs a facelift in order to capitalize on its resources.

Thursday, June 30th 2011 - 20:17 UTC

US says Haiti cholera epidemic was imported, probably UN Nepal peacekeepers

When the outbreak last year anti-UN riots sparked across the country

Evidence strongly suggests UN peacekeepers from Nepal were the source of a cholera epidemic in Haiti that has killed more than 5,500 people, said a new report by the US Centres for Disease Control Prevention.

Thursday, June 30th 2011 - 20:10 UTC

Relief in financial markets: Greece approves austerity and privatization package

Prime Minister George Papandreou secured a majority

The Greek parliament approved on Thursday detailed austerity and privatization bills in a crucial vote to secure emergency funds and avert imminent bankruptcy, but longer-term dangers still lurk.

Thursday, June 30th 2011 - 20:06 UTC

Pickets take to the streets of Britain to protest pension reforms

The Metropolitan Police said 90% of staff dealing with calls from the public did not turn up for work (Photo: EPA)

Teachers and civil servants marched through the streets and picketed government buildings across Britain today in protest at planned pension reforms, launching what could be a long period of labour unrest over austerity measures.

Thursday, June 30th 2011 - 17:42 UTC

Colombian group takes over Uruguay main supermarkets chain, Disco and Devoto

Disco and Devoto have consolidated sales of 770 million USD annually, more than twice its closest competitor

France’s Casino Guichard-Perrachon Colombian retailing branch, Exito announced the signing of a share purchase agreement for the acquisition of Casino' majority stakes in Uruguay’s main supermarket chain Disco and Devoto in an operation involving 746 million US dollars.

Thursday, June 30th 2011 - 17:12 UTC

Magallanes Corriedale rams with NZ genetics exported to Peru

Corriedales are double purpose: wool and meat

Magallanes Region in the extreme south of Chile is exporting rams to Peru to help improve the meat and wool conditions of the flock of that country. The first batch of ten rams was dispatched by the Teheul Aike rural society, via Santiago and has already reached their destination in Puno.

Thursday, June 30th 2011 - 16:47 UTC

Mercosur plans coordinate tariffs mechanism to contain “unexpected surge of imports”

Growing concerns over the surge of ‘cheap imports’

Brazil’s proposal to Mercosur members of a coordinated tariffs’ package with the purpose of containing unexpected imports surges, particularly of cheap products, from Europe, Asia and the United States is to be implemented in the second half of the year.

Thursday, June 30th 2011 - 16:44 UTC

Uruguay calls on Sao Paulo corporations to help develop (not colonize) Mercosur

“We need more people for this dance”, said President Mujica

Uruguayan president Jose Mujica called on Sao Paulo corporations to cooperate with the development of Mercosur partners by adopting a policy of alliances with local companies and leaving aside ‘colonizing’ temptations.

Thursday, June 30th 2011 - 07:23 UTC

Brazil calls for conclusion of EU/Mercosur trade talks and warns about cheap imports

A ‘unique’ development model, according to an enthusiastic Dilma Rousseff

Brazilian president Dilma Rousseff said it was urgent for Mercosur/European Union trade negotiations to conclude although also emphasizing the need to promote and intensive South/South relations, but warning that some outer region countries are intent in “sending us what they can’t sell in developed countries”.

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