Stories for September 18th 2012
President Federico Franco and the head of the Spanish government Mariano Rajoy will address the participation of Paraguay in the coming Ibero-American summit scheduled for November in Cadiz, taking advantage of their presence in New York next week for the UN General Assembly.
UBS expects Swiss banks to see European clients withdraw “hundreds of billions of francs” as a result of steps to stop foreigners using secret accounts to evade taxes, warned Juerg Zeltner, head of UBS wealth management.
Brazilian president Dilma Rousseff is scheduled to meet with her US peer Barack Obama next week in the framework of the annual opening of the UN General Assembly and at the end of the month will be hosting British PM David Cameron in Brasilia, according to Sao Paulo media reports.
Uruguayan Industry, Energy and Mining minister Roberto Kreimerman called on the European Union and Mercosur members to double efforts and advance in negotiations to achieve a wide ranging association agreement which has been discussed for almost two decades.
A pair of Royal Navy and Royal Marines adventurers has completed a summer of sea trials as they prepare to take an authentic replica of Sir Ernest Shackleton's famous lifeboat back to the icy wastes of the South Pole.
By Jimmy Burns(*) - The colonial church of San Francisco in La Paz, founded in 1548, is a beautifully textured mixture of Christian imagery and Indian mythology. The facade and ceiling mixes in saints, Christs and Virgins with tropical birds, reptiles, and sweet corn.
Moody's Investors Service has changed the rating outlook on Argentina to negative from stable, citing haphazard economic policy decisions coupled with increasing questions about the reliability of official statistics.
Falkland Islands explorer Desire Petroleum said its half-year to end-June period losses decreased from 39.3 million dollars in the previous period to just 2m, due to a fall in exploration and evaluation expenses. It also announced that it was looking for a farm-in partner for the North Falkland basin, where the company is focused.
The possibility of a constitutional review in Argentina opening the way for the re-re-election of President Cristina Fernandez was again put to consideration by one of her staunch followers who nevertheless anticipated “if it’s not Cristina, in 2015 it will be whoever Cristina nominates as candidate”.
Venezuela's opposition candidate Henrique Capriles slammed President Hugo Chavez on Monday for blocking a live broadcast of an opposition rally, highlighting criticism the populist leader abuses state resources to guarantee his re-election.