Stories for July 18th 2012
“Informal” and “blue” dollar in Argentina soars to 6.60 and 6.78 Pesos
Argentina's Peso sank in informal trade on Tuesday due to intense demand for US dollars from anxious savers and holidaymakers dodging the government clamp on international currency purchases.
“New” YPF first shareholders’ meeting turns dividends into investment fund
Argentina’s seized oil and gas corporation YPF drastically cut dividend payments and created an investment fund following the first shareholders meeting since the nationalization by President Cristina Fernandez.
Jewish community remembers 18th anniversary of bombing in Buenos Aires
Wednesday marks the 18th anniversary of the fatal bombing of the AMIA Jewish community centre in Buenos Aires, Argentina. Eighty-five people were killed by the blast with hundreds wounded.
Wave of anti-mining protest about to knock out another Peruvian cabinet
Peruvian President Ollanta Humala has begun sounding out replacements for his prime minister as part of a widely expected Cabinet shuffle designed to calm a wave of violent anti-mining protests in one of the world's leading exporters of minerals.
Mexico banking regulator says it repeatedly warned HSBC on money laundering
Mexico's banking regulator on Tuesday defended its role in a money laundering scandal engulfing HSBC Holdings Plc, saying it had repeatedly told the bank to improve lax controls over suspect funds passing through its accounts.
Buenos Aires sends forces to Santa Cruz province to help with law and order
Argentine President Cristina Fernandez political turf, the Patagonian province of Santa Cruz has formally requested the deployment of federal forces to help keep law and order because of a 16-day strike by the provincial police.
Spain, Argentina and Brazil the strongest football tournaments in the world
Argentina's First Division is second strongest tournament in the world after Spain, according to the International Federation of Football History & Statistics (IFFHS) July release.
Indian company scraps largest iron-steel development plan in Bolivia history
India's Jindal Steel and Power scrapped plans Tuesday to invest 2.1 billion dollars in a Bolivian mining project and blamed the country’s “non-friendly business attitude” for the deal's collapse.
