Stories for January 30th 2012
With dwindling oil production Argentina floats idea of re-nationalizing YPF
YPF SA shares fell the most in 20 months after newspaper Pagina/12 said Argentine officials discussed a takeover of the country’s biggest oil producer, following a controversy with the oil industry over alleged fuel-price fixing and lack of investment which doubled the country’s fuel imports bill to 9.4 billion dollars in 2011.
Argentine industrial production forecasted to expand 6% to 7% in 2012
Argentine industrial production is expected to expand 6% to 7% this year, Industry Minister Debora Giorgi said in a statement Sunday. That would put industrial growth inline with 2011, when it rose 6.5%, according to the national statistics agency, Indec.
Study on dietary habits (what and where) of Atlantic sharks
A team of scientists of Chelonia Association and the University of Marseille (France) chose the port of Vigo to initiate a study on dietary habits and intake areas of Atlantic sharks.
World running out of time to ensure food, water and energy, says UN report
The world is running out of time to make sure there are enough food, water and energy to meet the needs of a rapidly growing population and to avoid sending up to 3 billion people into poverty, a UN report warned on Monday.
Unasur members begin sharing information on defence expenditure
Six South American countries are sharing for the first time in history information on defence expenditure which is seen as a first concrete step to leave behind border disputes and ensure peace in the region, said delegates from Chile, Ecuador and Unasur, Union of South American Nations.
Argentina targeting “60 to 70 billion dollars” outside the financial system
In Argentina there are an estimated 60 to 70 billion dollars “outside the financial system” according to the head of the Financial Information Unit, FIU, which is the country’s office in charge of preventing and combating money laundering.
”Cristina Fernandez, the (elected) president with most power in the history of Argentina”
President Cristina Fernandez has more power than Juan Domingo Peron “ever had” and Peronism in Argentina is guarantee of governance, according to Carlos Corach a former Interior minister from former President Carlos Menem administration and a respected solicitor and political analyst.
For Brazil Argentina is a “good problem”, no longer a “permanent problem”
Argentina is “a good problem” for Brazil, said President Dilma Rousseff’s Foreign policy advisor Marco Aurelio Garcia ahead of another trade dispute when Argentina begins applying a new imports’ scheme that has been equally criticized by local and Brazilian manufacturers.
Keith Padgett interim Chief Executive of the Falkland Islands
Last Friday it was announced that Keith Padgett, Financial Director for the Falkland Islands Government, has been appointed interim Chief Executive of the Islands until a replacement is appointed for outgoing CE, Tim Thorogood.
Uruguay's ruling coalition has 7 points lead over the opposition
Uruguay’s ruling catch-all coalition, Broad Front, has a 44% support well ahead of any of the two main opposition parties, according to the latest public opinion poll released in Montevideo by Equipos Mori.
