Stories for September 17th 2011

Saturday, September 17th 2011 - 07:25 UTC

Chilean mayor trip to the ‘Falklands’ causes major uproar in Tierra del Fuego

Argentine officials expect an official apology from Mayor Hugo Henriquez Matus

Tierra del Fuego provincial authorities in the extreme south of Argentina confirmed they would not be participating Sunday in Chile’s 201 independence anniversary in protest over statements from a local mayor who referred to the Malvinas Islands as Falkland Islands.

Saturday, September 17th 2011 - 07:13 UTC

Marines involved in alleged sexual abuse of an Haitian civilian back in Uruguay

Uruguay has personnel from the three services deployed in Haiti

Uruguayan marines returned to Uruguay to stand trial for the alleged abuse of an 18-year-old man while on the UN peacekeeping mission in Haiti. They arrived Friday at Carrasco Airport and then taken to an undisclosed location.

Saturday, September 17th 2011 - 05:07 UTC

Mercosur consolidates as leading soybean region with 52% of world’s production

By 2020 the region should be producing an additional 50 million tons

In twelve years Mercosur has consolidated as the leading region in soybean production with 52% of the world crop and the potential to further expand area and yields.

Saturday, September 17th 2011 - 05:05 UTC

Abbas reaffirms he will demand full UN membership for a Palestinian state

“We are going to request our legitimate right”, anticipated Mahmoud Abbas

Palestinian President Mahmoud Abbas said Friday he would demand full membership of the United Nations when he goes to the UN General Assembly next week, setting up a diplomatic clash with Israel and the United States.

Saturday, September 17th 2011 - 05:03 UTC

Argentina’s economy expanded 9.1% in the second quarter, according to Indec

Deputy Economy Minister Feletti said the government expects the economy to expand about 5% in 2012

Argentina's economy grew 9.1% in the second quarter from a year earlier, the national statistics agency, Indec, reported Friday.

Saturday, September 17th 2011 - 03:03 UTC

World Cup 2014 delays expose Brazil’s planning and infrastructure weaknesses

Soccer legend Pelé has an easier job winning three World Cups

Brazil’s celebration of the 1,000-day countdown to the 2014 is being marred by construction delays as striking workers and government foot-dragging hurt preparations for the soccer tournament.

Saturday, September 17th 2011 - 02:58 UTC

Argentina will defend domestic market from flood of “Asian textile imports”

Minister Giorgi said the textile industry created half a million jobs since 2003

Argentina will reinforce the defence of its domestic market from ‘the danger of an invasion of Asian countries’ imports, as a consequence of the world crisis, promised this week Industry Minister Debora Giorgi.

Saturday, September 17th 2011 - 02:54 UTC

China loosing edge to Asian neighbours as world’s cheapest place to manufacture

Bangladesh textiles exports soared to 18 billion dollars in the last twelve months

China is losing its edge as the world's cheapest place to manufacture goods, a new report suggests. Indonesia and Bangladesh are benefiting most as rising costs in China force firms to switch production, it says.

Saturday, September 17th 2011 - 02:50 UTC

Chile leaves benchmark rate unchanged, but warns about tight labor market

Central bank president Jose De Gregorio

Chile’s central bank kept its benchmark interest rate unchanged this week for the third straight month and indicated that a tight labor market may prevent it from following Brazil and cutting rates next month.

Saturday, September 17th 2011 - 02:28 UTC

Geithner’s proposal to scale up rescue package gets cool response from EU

The (Geithner) proposal “has neither been rejected nor endorsed”

US Treasury Secretary Timothy Geithner drew a cool response from EU policymakers when he urged them to leverage their bailout fund to better tackle the debt crisis and to start speaking with one voice.

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