Stories for April 27th 2012
Royals celebrate with British personnel re-edition of South Pole Scott-Amundsen race
The Duke and Duchess of Cambridge celebrated on Wednesday the achievements of British Service personnel who recreated the famous Scott-Amundsen race to the South Pole.
World Bank Food Price Watch jumped 8% in four months to March
Global food prices increased by 8% from December 2011 to March 2012 due to higher oil prices, adverse weather conditions, and Asia’s strong demand for food imports, according to the World Bank Group’s latest Food Price Watch.
Uruguay fish exports increase 20% in volume totalling 236 million dollars in 2011
Uruguay fish exports increased 20% in volume and the average ton price 22%, with Brazil, China and Nigeria as the main markets during the twelve months of 2011, according to a release from the country’s Aquatic Resources Department, Dinara.
Brazil's unemployment increased in March to 6.2% from February’s 5.7%
Brazil's unemployment rate increased from the previous month in March, data released by statistical office IBGE showed Thursday.The unemployment rate increased to 6.2% in March from 5.7% in February. In March, 2011, the jobless rate was 6.5%.
Timerman replies to De Gucht rejecting “unacceptable” arguments and “tone”
Argentine Foreign Minister Héctor Timerman said the recent criticism from the European Trade Commissioner Karel De Gucht regarding the YPF expropriation is “unacceptable,” and assured that it “surprised him due to his tone and approach”.
Piñera announces tax reform to fund an education overhaul that threatens his government
Chile's government on Thursday proposed a sweeping tax reform that raises levies on companies to help fund an education overhaul, as it seeks to quell social protests ahead of local elections seen as a litmus test for the 2013 presidential race.
Argentine Securities Commission puts more pressure on Falklands’ oil industry
Argentina’s National Securities Commission, CNV, announced on Thursday that it will inform UK regulatory authorities on the legal actions to be undertaken by the Argentine state against oil companies “illegally operating in the Malvinas Islands”.
Government organizing massive display in support of President Cristina Fernandez
Argentine president Cristina Fernandez will be leading on Friday a massive demonstration of support in a Buenos Aires stadium in the midst of an international controversy over the seizure of 51% of YPF from Spain’s oil conglomerate Repsol.
Argentina appeals to 5.7bn dollars Central bank reserves to pay sovereign debt
As was anticipated in the Argentine 2012 Budget the government is appealing to Central Bank reserves to pay sovereign debts. According to a resolution published in the Official Gazette, a Treasury bill equivalent to 5.674 billion dollars will be repaid to the bank in several instalments during ten years.
US admits relations with Argentina are “difficult” and calls for positive attitude
US Assistant Secretary of State for Western Hemisphere Affairs Roberta Jacobson asked Argentina to go back to having a “positive” relationship with the international financial community and its creditors.
