Stories for January 19th 2012
The white settlers’ dilemma
by James Nielson, Buenos Aires Herald - David Cameron was certainly being provocative when he accused Cristina’s government of “colonialism”. It was a quite dreadful thing to say.
“Argentina plotting a mock fishermen’s Falklands’ invasion” says UK media
A British newspaper revealed that the UK Prime Minister’s accusations of ‘colonialism’ against Argentina came after being warned that “Buenos Aires was plotting a mock fishermen’s invasion” of the Falkland Islands.
“To all effects” Venezuela is fully integrated to Mercosur, says Uruguay
“In practical terms Venezuela if fully integrated to Mercosur” said Uruguayan Foreign Affairs minister Luis Almagro during a meeting this week with foreign correspondents.
Trade balance with Argentina is ‘definitively positive’ says Uruguayan minister
Uruguayan Foreign Minister Luis Almagro said that the trade balance between Uruguay and Argentina is “definitely positive” although admitting some manufacturing sectors face difficulties because of the current Argentine obstructions to imports.
Brazil cuts basic rate to 10.5% and signals further reductions in the future
Brazil’s central bank indicated on Wednesday it will keep cutting interest rates at the current pace after it reduced borrowing costs by a half-point to 10.5%, for a fourth straight meeting.
FIFA tells Brazil beer must be sold at the 2014 World Cup matches
Beer must be sold at all venues hosting matches in the 2014 World Cup in Brazil, football's world governing body, Fifa, has insisted. Fifa General Secretary, Jerome Valcke, said the right to sell beer must be enshrined in a World Cup law the Brazilian Congress is considering.
“Get ready” a big storm is on its way, warns the latest World Bank forecast
The World Bank warned developing countries today to prepare for the “real” risk that an escalation in the Euro area debt crisis could tip the world into a slump on a par with the global downturn in 2008/09.
Brazilian government considers Argentina “a permanent problem” in economic issues
Industry and Foreign Trade minister Fernando Pimentel expressed on Wednesday the Brazilian government’s deep disappointment with the latest Argentine legislation to be implemented on trade saying that Argentina is “a permanent problem”.
Argentine government calls on unions and businesses to act with “responsibility”
Argentine acting President, Vice-President Amado Boudou called on businessmen and union workers to act with “responsibility” in direct reference to the upcoming round of wage negotiations that will be held later this year and unions have anticipated will have to be referred to workers “pocket” inflation.
