Current Edition

Current Edition
Monday, May 20th 2013 - 00:16 UTC

FIFA guarantees that Sao Paulo World Cup stadium will be ready on time

Valcke and Sanchez finally agreed that all in on rail and according to the timetable

FIFA secretary general Jerome Valcke has guaranteed Sao Paulo's World Cup football stadium will be ready on time, one day after claiming the venue could be taken off the tournament schedule due to construction delays.

Saturday, May 18th 2013 - 06:57 UTC

Maduro admits to knowing “the IDs and all” of the 900.000 Chavistas who did not vote for him

The Venezuelan president made the revelation during one of his ‘Government in the Streets’ act

Venezuelan president Nicolas Maduro admitted to knowing ‘with IDs and all’ who are the 900.000 Chavistas who crossed lines and did not vote for him in the 14 April election which anointed him as the successor of deceased Hugo Chavez.

Saturday, May 18th 2013 - 06:53 UTC

Venezuelan oil monopoly in joint ventures with Chevron and China Petroleum

Oil minister Ramirez will be traveling to Beijing to sign the agreement

PDVSA, Venezuela’s government oil and gas giant will allow joint ventures with China National Petroleum Corp. and Chevron Corp. to manage 6 billion dollars in loans designed to revert oil output declines, said a PDVSA official.

Saturday, May 18th 2013 - 06:29 UTC

Economic activity in Argentina expanded 2.6% during March, says Indec

Indec stats on GDP and inflation are questioned by the IMF

Argentina's economic activity expanded 2.6% in March from a year earlier and 0.7% over February, the national statistics institute Indec said on Friday. Accumulated growth in the 12 months through March was 1.3%, down from 1.9% in full-year 2012.

Saturday, May 18th 2013 - 06:21 UTC

Argentine Antarctic campaigns disarray and corruption claims turn off recruiting

Allegedly at one base staff had to beg for food from the ‘Polar Pioneer’

Argentina’s Antarctica campaigns are losing their flair and the country is having difficulties to fill vacancies for the 2013/14 season. This follows repeated claims of alleged corruption and delays in supplying the bases and stations plus an overall lack of support from the Defence ministry.

Saturday, May 18th 2013 - 03:35 UTC

“Blue” dollar in Argentina picks up in last day of trading and reaches 8.95 Pesos

Very few transactions amid fears of the AFIP tax agency controls

In the last business day of the week in Buenos Aires, the parallel market or ‘blue’ dollar rose to 8.95 Pesos (selling price) after its declining tendency during the week, while the official rate ended steady at exchange houses at 5.245 Pesos (selling price). The gap between the two markets stands at over 70%.

Saturday, May 18th 2013 - 03:30 UTC

Argentina forces cancellation of all Lan flights by suspending ground services

Despite court orders to resume services, Intercargo refuses to service Lan aircraft in any of Argentina’s airports

LAN Chile halted on Friday all its flights in Argentina until Saturday morning after the state company Intercargo which provides ground support for the airline, unilaterally decided to cancel the service despite court orders to the contrary.

Saturday, May 18th 2013 - 03:04 UTC

Chile confirms its commitment to the cruise industry at the Convention in Valaparaiso

“Cruising is important for the economic development of our country” said Minister de Vicente

Chilean officials, led by Felix de Vicente Minister of Economy, Development and Tourism, joined senior cruise line executives, port and destination leaders, tour operators, travel agents and suppliers for a robust Seatrade Latin America Cruise Convention in Valparaiso, Chile.

Saturday, May 18th 2013 - 03:01 UTC

Argentina, Brazil and the US form alliance of corn producers: Maizall

USGC President Tom Sleight: “we can speak with a more united voice as producers to the rest of the world”

Corn groups from the US, Argentina and Brazil signed a memorandum of understanding this week to form an international alliance of corn producers, collectively called MAIZALL.

Saturday, May 18th 2013 - 01:11 UTC

UK attends with 28 companies the largest healthcare exhibition in Sao Paulo

The delegation will be headed by Minister Ken Clarke

UK Government Minister Ken Clarke is leading the UK's largest ever Healthcare Technology and Life Sciences delegation to Brazil. Twenty eight companies will travel to Sao Paulo to attend Hospitalar (21 – 24 May), the largest healthcare exhibition in South America, which is expecting to attract around 90,000 visitors – as well as taking part in the trade mission.

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