Current Edition

Current Edition
Wednesday, December 17th 2014 - 12:59 UTC

Uruguay receives IDB credit to boost investment in renewable energies

A common sight in top hills of Uruguay, a display of wind turbines

As part of Uruguay long term plan to promote investment in infrastructure and finance investment in electric power plants using renewable energy resources, essentially wind and solar so as to diversify the country energy mix and cut CO2 emissions, the country will be receiving a 250 million dollar credit line from the Inter American Development Bank, IDB.

Wednesday, December 17th 2014 - 12:40 UTC

FAO forecasts record world cereal production buoyed by bumper crops in Europe and US

However 38 countries are at risk of food insecurity, including 29 in Africa, 3 more  than reported in October.

Latest indications confirm that world cereal production will reach an all-time record of more than 2.5 billion tonnes in 2014. Buoyed by bumper crops in Europe and a record maize output in the United States this year's cereal output should reach 2.532 billion tonnes, including rice in milled terms, or 0.3% higher than 2013, according to FAO's latest Crop Prospects and Food Situation Report.

Wednesday, December 17th 2014 - 12:22 UTC

Latin America exports stagnant for third year running, says IDB

Brazil, Argentina, Peru and Venezuela were the worst performers because of the fall in commodity prices

Exports from Latin America will drop by about 1.4% in 2014, the first decline in exports since the collapse of international commerce during the 2009 financial crisis, according to a study by the Inter-American Development Bank (IDB).

Wednesday, December 17th 2014 - 07:38 UTC

State Dept. document assuring Uruguay Gitmo inmates innocent disclosed

The former Guantanamo Bay inmates enjoying freedom in Montevideo.

Uruguayan president produces US-signed evidence to calm down opposition. Refugees adapting gradually to life in Montevideo.

Wednesday, December 17th 2014 - 07:27 UTC

YPF money helps Repsol by over Canadian Talisman

Argentina's Economy Minister Axel Kicillof negotiated the expropiation of YPF, which helped Repsol finance the takeover of Canada's Talisman.

The largest international deal by a Spanish company in the last five years, props up shares despite plummetting international oil prices.

Wednesday, December 17th 2014 - 04:52 UTC

Filmus: Scholar approach at Malvinas Question

Argentine Secretary of Malvinas Affairs Daniel Filmus calls for three-part deeper approach. at the issue of sovereignty

Argentina's Secretary of Malvinas (Falklands) Daniel Filmus moves spotlight onto juridical, historical knowledge, continental platform and international relationships to back sovereignty claims

Wednesday, December 17th 2014 - 03:46 UTC

Cristina makes major castling on eve of Mercosur Summit

”Bolivian president Evo Morales and Governor Sergio Urribarri sport their national football teams' jerseys in a friendly match in Parana.

Evo Morales, Governor Urribarri play football - New Intelligence boss appointed.

Wednesday, December 17th 2014 - 02:52 UTC

RIO GAMES 2016 Mascots named after girl from Ipanema Musicians

Vinicius and Tom, mascots of the Rio de Janeiro 2016 Olympic and Paralympic Games.

“Vinicius” De Moraes and Antonio Carlos “Tom” Jobim extend bossa nova influence to Olympìc and Paralympic Games symbols respectively.

Wednesday, December 17th 2014 - 00:53 UTC

Brazil's real sinks against US dollar to lowest rate in 10 years

Brazil's currency slips to 2.76 against 1 US dollar

The currency closed at R$ 2.76 per US$ 1 dollar. Domestic politics, international oil prices, US Fed measures and Russian ruble drop to blame.

Tuesday, December 16th 2014 - 22:35 UTC

Antibiotic-proof bug detected in Rio's Olympic waters

Rio de Janeiro to host sailing Olympic Games in polluted waters.

Scientists at the Instituto Oswaldo Cruz find enzyme-producing bacteria that requires bolder therapeutic measures. Flamengo beach unfit for swimming.

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