Stories for January 5th 2012

Thursday, January 5th 2012 - 05:36 UTC

Piñera reaffirms Antarctica policy and invites Mujica to visit Chilean bases

The two presidents when they last met in Montevideo

Chilean president Sebastián Piñera will be flying to Antarctic next 13 to 15 January together with his Uruguayan peer Jose Mujica, announced on Wednesday Chile’s Foreign Affairs minister Alfredo Moreno.

Thursday, January 5th 2012 - 05:33 UTC

In a decade Brazil must increase power generating capacity by 56%

The world’s largest operation hydroelectric dam, Itaipú

Brazil must expand electricity production over the next decade by an amount equivalent to the power generated by three Itaipú hydroelectric dams, according to a study released Wednesday by the state-run Energy Research Corporation, EPE.

Thursday, January 5th 2012 - 05:28 UTC

Paraguay declares sanitary emergency because of outbreak of FMD

Livestock movement and transport in Paraguay strictly regulated

Paraguay declared on Wednesday animal sanitary emergency in the district of San Pedro, 400 kilometres north of the capital Asuncion where this week an outbreak of foot and mouth disease was confirmed in a farm.

Thursday, January 5th 2012 - 05:21 UTC

Brazil last year had the second-largest inflow of dollars: 65.2bn

Central bank said most funds were direct foreign investment to the productive sector

Brazil last year recorded the second-largest dollar inflow in its history, 65.2 billion dollars, up 168% from 2010, with most in the form of foreign investment, the Central Bank said on Wednesday.

Thursday, January 5th 2012 - 05:15 UTC

Swedish contractor to expand Argentine railroad network to Bahía Blanca

Bahia Blanca is an important trans-shipping and commercial center handling a large export trade of grain

Argentina is expanding its railroad network to cope with increasing demands for its growing export sector plus expectations of a boost in transit trade from landlocked Paraguay and regional commerce.

Thursday, January 5th 2012 - 05:11 UTC

Latam is well aware of the US position regarding Iran, says State Department

President Ahmadinejad scheduled to visit five countries

United States sent a strong message to Latin American countries preparing to host Iranian president Mahmoud Ahmadinejad saying Washington’s policy regarding the Teheran regime is “very well known”.

Thursday, January 5th 2012 - 05:08 UTC

EU slower December inflation could be followed by more interest rate cuts

The Euro zone inflation was down to 2.8%

Euro zone inflation eased from last year's peaks of 3.0% in December, the first sign of a fall in price growth this year that analysts expect will create room for more interest rate cuts to help the weakening economy.

Thursday, January 5th 2012 - 05:05 UTC

Belgian board member named chief economist of European Central Bank

Peter Praet has a PhD in economics from the Free University of Brussels

European Central Bank has named Belgian executive board member Peter Praet as its chief economist following the resignation of Juergen Stark.

Thursday, January 5th 2012 - 05:01 UTC

In Chilean schools, General Pinochet’ rule will be known as “a military regime”

The Pinochet fracture continues to emerge in Chilean society

A political row has broken out in Chile after it emerged that the Conservative government is changing the way school textbooks refer to the military rule of Gen Augusto Pinochet.

Thursday, January 5th 2012 - 01:18 UTC

Spanish vessel with Falklands’ flag barred from the port of Punta del Este

The port of Punta del Este full of recreational and fishing vessels plus several cruises

A Spanish fishing vessel flying the Falkland Islands flag was barred from entering the alternative port of Punta del Este where she was planning to receive crewmembers. The news was confirmed by Uruguay’s Coast Guard.

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