Stories for July 2012
Support for Spanish Prime Minister Mariano Rajoy fell sharply in July after his government announced a new round of deep spending cuts and tax hikes to fight the sovereign debt crisis, an opinion poll showed.
The world’s largest supplier of methanol, Canadian-based Methanex, will invest 550 million dollars to relocate a methanol production plant from the extreme south of Chile to a 225-acre site in Geismar, Louisiana.
Barrick Gold, the world’s biggest gold miner, says its capital costs to develop a giant mine high in the Andes could reach 8 billion dollars and has delayed production until 2014.
The Falkland Islands government has started to prepare the list of issues that will have to be addressed for the organization of next year’s referendum on the political statute of the Islands, particularly the drafting of the question, inviting overseas observers and contracting a specialist to manage the whole operation.
A good one and a bad one for the government of the City of Buenos Aires: Economy minister Nestor Grindetti announced that an agreement had been reached with power companies to bring light back to several public areas of the city that had remained in the dark for several days due to unpaid bills.
Argentine Rural Society (SRA) head Hugo Biolcati said that Argentine institutions are “deteriorating and that the Constitution” is no longer in use, as he inaugurated this weekend the 126th annual edition of the camp exhibition at the Palermo Rural pavilion in the City of Buenos Aires.
Organisers fought to quell growing public outrage over empty seats across venues at the London Olympic Games where China has laid down an early marker with a world record win in the pool and a commanding early lead in the medals table.
Israeli ambassador in Uruguay Dori Goren said that the incorporation of Venezuela of Mercosur should “concern” the countries of the regional block given what he described as “Venezuelan support to Iranian agents that establish terror webs in the region”.
President Jose Mujica travels to Brasilia on Monday for the Mercosur extraordinary summit on Venezuela, but his agenda also includes talking with Cristina Fernandez about the latest clash referred to the dredging of a shared River Plate access canal and with host Dilma Rousseff about his growing proximity to Brazil.
Brazilian diplomats revealed during a television Globo News debate details of the controversial procedure applied by Mercosur countries to suspend Paraguay and agree the incorporation of Venezuela as full member.