Stories for February 1st 2012

Wednesday, February 1st 2012 - 17:32 UTC

Brazilian beef exports declined 14% in 2011 to 820.239 tons

Middle East countries have become the main client for Brazil’s beef

Brazilian beef exports declined 14% in 2011, to 820.239 tonnes swt, establishing it as the world’s third largest beef exporter behind Australia and the US (Global Trade Atlas).

Wednesday, February 1st 2012 - 16:08 UTC

Argentina new imports’ restrictions come into effect; claims from Mercosur

Washington Burghi, the new measures could be “the beginning of the end” for Mercosur

Argentina’s controversial new import restrictions came into effect on Wednesday as part of the legislation on the trading sector which gives the government bureaucracy more powers to control and restrict imports.

Wednesday, February 1st 2012 - 16:05 UTC

Prince William leaves for the Falklands Wednesday night from Brize Norton

The heir of the British throne will be deployed at MPA as a search and rescue helicopter pilot

The British government confirmed that Prince William begins this Wednesday his six week deployment in the disputed Falkland Islands as a helicopter pilot when he flies out from RAF Brize Norton in Oxfordshire tonight.

Wednesday, February 1st 2012 - 15:56 UTC

Brazilian president meets Fidel Castro; promises financial economic aid to Cuba

Rousseff proud of meeting the inspiration of her student time dreams

Brazilian President Dilma Rousseff met with Fidel Castro, the revolutionary hero of her youth, and held talks with his younger brother, President Raul Castro, on Tuesday in a visit to strengthen financial and economic ties with Cuba. On Wednesday Rousseff left for Haiti.

Wednesday, February 1st 2012 - 15:07 UTC

The New Falklands War

Ambassador Jaime Daremblum

By Jaime Daremblum from the Hudson Institute (*) - In 1982, Argentina's right wing military junta launched a sudden invasion of the Falkland Islands, the South Atlantic archipelago that has been a British possession since 1833. The invasion was motivated by a desire to distract attention from the country's severe economic woes, including hyperinflation and massive capital flight.

Wednesday, February 1st 2012 - 14:43 UTC

Falklands’ second exploration round takes off south of the Islands

Ocean ultra-deepwater semi-submersible rig Leiv Eiriksson spudded the first well this week

A new round of Falkland Islands oil exploration began this week when London AIM listed Borders & Southern Petroleum plc announced that their first exploration well, located approximately 140 kilometres south of the Islands, was spudded on 31st January 2012.

Wednesday, February 1st 2012 - 07:53 UTC

Buenos Aires La Nacion in talks to acquire Hispanic media group in the US

New York’s El Diario La Prensa and Los Angeles' La Opinion, some of the newspapers included in the package

Two news sources, New York Post and New York One report that the Hispanic media group ImpreMedia is in talks with Argentine newspaper group La Nacion which is interested in the US Spanish publications.

Wednesday, February 1st 2012 - 07:48 UTC

Paraguayan beef exports forecasted to plummet 30% because of FMD outbreaks

New vaccination campaigns to ensure past mistakes are not repeated

The value of Paraguayan beef exports could drop 30% in 2012 compared to the previous year given the loss of markets following two outbreaks of Foot and Mouth Disease, FMD, points out the country’ Centre for Analysis of the Paraguayan Economy, CADEP.

Wednesday, February 1st 2012 - 07:14 UTC

Brazil reiterates support for Argentina, denies any blockade to the Falklands

Itamaraty Palace, seat of the Brazilian Foreign Affairs ministry

Brazil reiterated its support for Argentina’s Malvinas Islands sovereignty claim and insisted that solving the controversy with the UK is ‘most important’ for South America’s stability. It also pointed out that it’s not correct to talk about “a blockade”.

Wednesday, February 1st 2012 - 07:09 UTC

Spanair files for voluntary bankruptcy; strands tens of thousands of passengers

Chairman Ferran Soriano, with no more subsidies the most sensible decision was to close down operations

Spanish carrier Spanair filed for voluntary bankruptcy Monday, officials said, three days after abruptly stopping all flights and stranding tens of thousands of passengers.

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