Stories for October 22nd 2012
Brazil purchases high-tech oceanographic research vessel
The Brazilian government announced on Monday that it will invest 162 million Reais (81 million dollars) in the purchase of a high-tech oceanography research vessel.
FITB showcases Falklands worldwide
MANAGING Director of the Falkland Islands Tourist Board Tony Mason is to lead a team of delegates from the Islands to World Travel Mart in London next month.
Bolivia sells 500m dollars bond with 4.875% yield; first time in ninety years
Bolivia returned on Monday to global credit markets for the first time in almost a century with the launch of 500 million worth of 10-year bonds, reflecting investors' confidence.
A fifth of Spaniards living below the poverty shows latest stats
Every fifth resident lives in poverty in Spain, new figures showed on Monday.
The national statistics institute INE said 21.1% of the 47-million population lives below the poverty line, meaning they live on less than 7,355 Euros (9,610 dollars) annually.
UN Security Council says ARA Libertad incident does not endanger world peace
Argentine Foreign minister Hector Timerman began Monday morning his round of contacts in New York to lobby for the release of the Navy’s training frigate retained in Ghana but suffered a first setback when he met with the president of the UN Security Council, Ambassador Gert Rosenthal.
WTO upholds ruling favouring the US in steel products dispute with China
The World Trade Organisation (WTO) has upheld its decision that China's tariffs on imports of certain US steel products were illegal. Beijing had imposed duties on a particular kind of US steel, alleging that its makers were being given subsidies by the US government.
Most of ARA Libertad crew should be arriving at Buenos Aires late Wednesday
Argentina confirmed on Monday that most of the crew from the training frigate ARA Libertad retained in Ghana is being evacuated and should arrive in Buenos Aires Wednesday night, in a chartered commercial aircraft. Only a small group of officers and 44 crew members will remain on the impounded vessel for maintenance work.
Mercosur to skip Paraguay in December and hand rotating chair to Uruguay
Uruguay’s tenure of Mercosur rotating chair will be advanced six months meaning that at the coming summit in December Brazil will hand over the next six-month responsibility to the administration of President Jose Mujica, thus skipping Paraguay which remains suspended from the South American trade group.
Loyal unions give Argentine government 40 days to raise the income tax floor
The branch of Argentina’s organized labour that supports President Cristina Fernandez gave the government forty days to raise the income tax floor, which with double digit inflation is including an ever increasing number of wage earners.
ARA Libertad: Timerman at UN for round of contacts beginning with Ban Ki-moon
Argentine Foreign minister Hector Timerman is scheduled to begin on Monday a round of contacts with top United Nations officials to address the issue of the training frigate ARA Libertad, impounded in Ghana.
