Stories for January 5th 2013

Saturday, January 5th 2013 - 06:06 UTC

Court lifts recess: Cristina Fernandez resumes battle with Clarin and farmers

The Palermo grounds in Buenos Aires famous for its agro-shows dating back over a century

Argentina’s Civil and Commercial Court decided to lift the January judicial recess as requested by the administration of President Cristina Fernandez and also granted the cautionary measure appeal to the Argentine Rural Society (SRA) that blocks the presidential decree over the taking over of La Rural grounds in Palermo neighbourhood.

Saturday, January 5th 2013 - 05:59 UTC

Lowering the price of power, Uruguay ends 2012 with an inflation of 7.48%

December recorded negative inflation, the first month in forty years

Consumer prices in Uruguay ended the year at 7.48% after recording the lowest December percentage in forty years: a negative 0.73%. However analysts and consultants anticipate that inflation in the first quarter of 2013 will remain above an annualized 8%.

Saturday, January 5th 2013 - 05:53 UTC

Argentina among select group with the highest inflation in the last fiv-year period

Nobody trusts Indec inflation and GDP percentages

Argentina is among the world’s countries which experienced the highest inflation in the last five years based on average data from the country’s private consultants and the IMF. The double digit inflation was estimated at 21.3%, an approximate average for the 2008/2012 period, and compiled by IERAL an Argentine business think-tank.

Saturday, January 5th 2013 - 05:41 UTC

Blackouts and agriculture collapse forecasted in drought stricken north-east Brazil

Despite President Rousseff’s ‘ridiculous’ comments, hydro-power in the north-east is below generating capacity

North-east Brazil is suffering its worst drought in decades, threatening hydro-power supplies in an area prone to blackouts and potentially slowing economic growth in one of the country's emerging agricultural frontiers.

Saturday, January 5th 2013 - 05:35 UTC

Maduro practically admits Chavez won’t be in Caracas for the January 10 oath

The Vice-president making the announcement from Havana

Venezuelan President Hugo Chávez' formal swearing-in for a new six-year term scheduled for January 10 can be postponed if he is unable to attend due to his struggle to recover from cancer surgery, his vice-president said on Friday.

Saturday, January 5th 2013 - 05:28 UTC

“Sovereignty party” for when Libertad and Espora sail in together to Mar del Plata

Despite dredgers union assurance, the two vessels will arrive at high tide

Argentina’s dredgers union assured a safe passage for when the Navy’s flag ship ARA Libertad arrives to Mar del Plata next 9 January to a big reception party headed by President Cristina Fernandez. There were concerns that the depth of the access channel wouldn’t be enough.

Saturday, January 5th 2013 - 05:13 UTC

Murdoch’s The Sun tells Cristina Fernandez “HANDS OFF” the Falklands

The page in Spanish and English published Friday in the Buenos Aires Herald

In a full page advert published exclusively in Friday’s Buenos Aires Herald, in English and Spanish, leading British tabloid The Sun admonishes President Cristina Fernández de Kirchner with a “Hands off!” from the Falkland Islands, in response to the Argentine president’s letter to Prime Minister David Cameron, published on Wednesday in several British dailies.


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