Stories for December 5th 2012
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.