Stories for December 5th 2012

Wednesday, December 5th 2012 - 23:53 UTC

Argentina files complaints at WTO against US and EU for bans on beef and bio-diesel

Timerman argues Argentina exports beef to all the world

Argentina has filed complaints with the World Trade Organization against the United States over limits on beef and lemon shipments, and against the European Union and Spain for curbs on bio-diesel, Foreign Minister Hector Timerman announced.

Wednesday, December 5th 2012 - 21:08 UTC

Uruguay exporters complain about competitiveness and cheap dollar problems

Mujica admits it is not an easy challenge (Photo: Presidencia)

President Jose Mujica admitted on Tuesday before the country’s Exporters Union lobby that Uruguay has competitiveness problems and it is ‘not an easy challenge’ but nevertheless 2012 will again be a record year for overseas sales.

Wednesday, December 5th 2012 - 20:33 UTC

Argentine bullying tactics are despicable says Falklands MLA Summers

The Seven Seas Mariner and Regatta were due on early February

The Argentine Government’s acts of intimidation towards cruise companies which have planned to visit the Falkland Islands continues to impact on the Islands tourism industry with a further two ships cancelling their February visits on Wednesday.

Wednesday, December 5th 2012 - 20:06 UTC

Brazilian industrial output expands in October, first annual increase in over a year

Tax break on auto sales helped spur the recovery

Brazilian industrial output posted its first annual increase in more than a year in October as a tax break on autos helped support a nascent recovery in the country's beleaguered manufacturing sector.

Wednesday, December 5th 2012 - 19:50 UTC

Polar ice sheets melting have added 11mm to global sea levels since 1992

Professor Shepherd of Leeds University says East Antarctica has acquired more mass because of increased snowfall

Nearly two dozen research teams collaborated to study polar ice sheets in Greenland and Antarctica and discovered definitively that they have added 11mm to global sea levels since 1992, melting ever more quickly.

Wednesday, December 5th 2012 - 19:27 UTC

Brazil confident for 2014 Cup but recalls the “national tragedy” of 1950 when defeated by Uruguay

Sports Minister Rebelo: “losing to Uruguay was like losing to your younger brother”

Brazil must not repeat the “national tragedy” of losing the 2014 World Cup as it did when it hosted the event in 1950, the country’s Minister of Sport Aldo Rebelo said. “We cannot repeat the national tragedy of 1950 when we lost to Uruguay” Rebelo told foreign journalists visiting Brazil as part of the build up to the finals. “It was like losing to your younger brother.

Wednesday, December 5th 2012 - 19:15 UTC

Inflation in Uruguay remains out of target despite government efforts

Apezteguía insists that the situation is under control

Uruguay’s inflation in November was over 9% in the last twelve months despite government efforts to contain it by agreeing a price freeze with leading supermarkets and having public utilities’ rates unchanged.

Wednesday, December 5th 2012 - 19:02 UTC

Paraguay furious with Brazil for confirming Unasur suspension until August 2013

Minister Fernandez Estigarribia: “entirely unacceptable” for Paraguayan sovereignty

Paraguay declared “entirely unacceptable” statements from Brazilian Foreign minister Antonio Patriota who said that the April 2013 elections are “only an important step to re-examine” the country’s suspension from Unasur and Mercosur. Patriota’s statement was supported by Argentina.

Wednesday, December 5th 2012 - 18:50 UTC

OAS and Peru will discuss how to address socio-environment conflict in mining areas

President Humala faces strong resistance to development projects from indigenous peoples

The Organization of American States (OAS) will hold, on December 6 and 7 in Lima, Peru, the Meeting of Government Experts on the Management of Socio-Environmental Conflict for the countries of Central America and the Andean Region.

Wednesday, December 5th 2012 - 18:45 UTC

Brazil extends tax breaks to construction industry to spur growth

Dilma Rousseff strategy to revive the economy still has to be seen

The Brazilian government extended tax breaks to the country's construction industry in a new effort to encourage investment and boost flagging growth which is putting pressure on the government to further include other stimuli measures.

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