Stories for January 24th 2012

Tuesday, January 24th 2012 - 04:12 UTC

President Cristina Fernandez resumes office on Wednesday “stronger than ever”

The Argentina leader is resting on the South Atlantic coast

Argentine Acting President Amado Boudou announced on Monday that Cristina Fernández is “stronger than ever” and will resume her activities on Wednesday after her medical leave absence due to a false-positive thyroid cancer surgery last 4 January.

Tuesday, January 24th 2012 - 04:08 UTC

Argentina rams ahead with imports rules: “it is understandable people are upset”

Acting president Boudou minimized criticisms from main partner Brazil

The Argentine government ratified it won’t postpone the new legislation on imports as requested by local business leaders and minimized the current conflict with Brazilian industrialists who have bitterly complained about the new restrictions.

Tuesday, January 24th 2012 - 04:05 UTC

Uruguay expanded 6% in 2011 and fiscal deficit dropped to 0.8% of GDP

Minister Lorenzo said the lower cost of energy was decisive for the budget performance

Finance Minister Fernando Lorenzo said that Uruguay’s economy in 2011 expanded an estimated 6%, the ninth year running of sustained growth, and the budget fiscal deficit was 0.8% of GDP.

Tuesday, January 24th 2012 - 04:00 UTC

Biggest solar storm in 7 years could disrupt satellite and electric ground communications

The spectacular solar flare erupted on Sunday night, and with it, a coronal mass ejection

The biggest solar storm in seven years to hit the Earth will begin Tuesday early morning, according to the US National Oceanic and Atmospheric Administration’s (NOAA) Space Weather Prediction Centre. It will likely cause the largest solar radiation storm that the earth has encountered since 2005.

Tuesday, January 24th 2012 - 03:54 UTC

Argentine lawmakers after Socialist International support in Falklands’ dispute

Ricardo Alfonsin was presidential candidate in last October’s election but suffered a humiliating defeat

Members of Argentina’s opposition expect the Socialist International meeting in Costa Rica to express solidarity with Argentina’s Falklands/Malvinas sovereignty claim and also call on the UK to begin negotiations.

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