Current Edition

Current Edition
Tuesday, September 30th 2014 - 04:51 UTC

South Korea constructing Bolivia's longest bridge to be delivered in 35 months

The bridge will facilitate heavy cargo traffic between San Matias, along Brazil's border and Trinidad, capital of Bolivia's northeastern Amazon region of Beni.

South Korea's Hyundai-Byucksan consortium started construction of a bridge 1,440 meters long in eastern Bolivia, a span that will be the country's longest and will require an investment of 49.9 million dollars, some of which will come from a loan from Seoul.

Tuesday, September 30th 2014 - 04:40 UTC

Brazils' Bovespa and Real plunge as Dilma climbs in polls with less than a week to election

Polls show Dilma nine points ahead of Marina Silva in a possible run off

Brazilian financial markets took a beating on Monday after polls showed President Dilma Rousseff pulling past challenger Marina Silva ahead of Sunday's election. The Brazilian currency closed at its weakest level since December 2008 while the benchmark Bovespa stock index notched its biggest one-day loss in over three years.

Tuesday, September 30th 2014 - 01:15 UTC

Brazil suspends Vietnam pangasius import licenses because of sanitary reasons

Catfish farmed in Vietnam has often raised questions about conditions under which it is produced but has displaced other produce because of its lower price

The temporary ban imposed by the Brazilian government on Vietnamese pangasius (Pangasius spp.) imports because of sanitary reasons and lack of phyto-sanitary controls, represents a great opportunity to increase Argentine hake (Merluccius hubbsi) shipments to the leading Mercosur partner.

Tuesday, September 30th 2014 - 00:44 UTC

Falkland Islands' Legislative Assembly opens a new website

“I hope that members of the public will find it useful, and will find it easier to access the Government information that they are looking for”, said MLA Rogers

As of this week the Falkland Islands elected Legislative Assembly will have a new website, located as a micro.site off the developing FIG civil service website.

Monday, September 29th 2014 - 22:26 UTC

Ambassador Castro thanks British unions for support in 'vulture funds' and Malvinas disputes

Ambassador Castro addressing the UK Communication Workers Union’s (CWU) Annual Women’s Congress, held last Saturday in Leeds.

In a speech delivered to over three hundred trade union delegates, Argentine ambassador in London Alicia Castro thanked the British unions for their support in fighting the 'vulture funds' and in backing the call for dialogue on the question of the Falklands/Malvinas, while praising progress made by Argentina regarding the role of women.

Monday, September 29th 2014 - 21:16 UTC

Judge Griesa declares Argentina in contempt of court, but deferred financial penalties

Griesa ruled Argentina had not followed court's orders following the passing of a law which seeks to remove BONY Mellon as financial intermediary to pay bondholders

New York district judge Thomas Griesa declared on Monday Argentina in contempt of court, due to the country's actions in attempting to change debt jurisdictions as a result of the ongoing judicial conflict with holdout investors presided over by the US magistrate.

Monday, September 29th 2014 - 09:22 UTC

Venezuela's Bolivar hits a record low of 100 to the US dollar

The sinking rate of the Mercosur member's currency on what is known as the “parallel” currency market has been a major headache for President Maduro

Venezuela's Bolivar currency hit a record low 100 to the U.S. dollar on the black market on Friday, making the dollar 16 times more expensive than the strongest official rate, according to a website that tracks it.

Monday, September 29th 2014 - 09:16 UTC

Rousseff pledges media regulation (but not content) if re-elected this week

Rousseff said her intention is not to influence content, but rather to break down an “asymmetrical” concentration of media ownership, described as harmful.

Brazilian president Dilma Rousseff, seeking re-election next week, says she will pursue media regulation if she returns for a second term, seeking to boost pluralism without influencing editorial content, according to media reports.

Monday, September 29th 2014 - 09:09 UTC

Record soybean and wheat crops forecasted by the International Grains Council

Wheat on pace for a record worldwide crop as yields out of Europe, China and the Commonwealth of Independent States

The 2014-2015 season’s soybean and wheat crops are on track to set records, while rice and corn look poised to be more in line with last season’s record crops, according to the International Grains Council's September Grain Market Report.

Monday, September 29th 2014 - 08:54 UTC

Uruguay needs to improve infrastructure, “especially roads and port facilities”

UPM flattered with president Mujica, ”but the construction of a new pulp mill is currently not on UPM’s agenda”

Finland's UPM, one of the largest forestry groups in the world, does not intend for the moment to build any new pulp mills in Uruguay, said Jaakko Sarantola, vice president of the cellulose division of the company, who also pointed out that Uruguay needs to improve infrastructure to facilitate logistics.

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