Stories for February 2012
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).
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.
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.
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.
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.
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.
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.
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.
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”.
Spanish carrier Spanair filed for voluntary bankruptcy Monday, officials said, three days after abruptly stopping all flights and stranding tens of thousands of passengers.