Tag: South America

• Thursday, February 17th 2011 - 23:09 UTC

  Bolivia’s powerful unions turn on President Morales to protest food prices

  

  Bolivia’s powerful Workers Union, COB, called for a 24 hours general strike Friday against the government of President Evo Morales to protest food and public transport price hikes.

• Saturday, February 12th 2011 - 08:08 UTC

  IMF calls for fiscal austerity in South America but admits “dilemmas”

  

  IMF warned inflation is threatening South America but also admitted countries had a dilemma since increasing interest rates could further worsen the appreciation of local currencies vis-à-vis the US dollar.

• Tuesday, February 8th 2011 - 05:08 UTC

  Petrobras third largest oil company on market capitalization

  

  Based on market capitalization Brazilian government managed oil and gas company Petrobras ranked third worldwide according to the prestigious PFC Energy 50 list of the world's biggest energy companies.

• Monday, February 7th 2011 - 18:07 UTC

  US condemns South American/Arab leaders summits, say Wikileaks cables

  

  Brazilian policy towards Middle East and the Arab world harm US strategy in the region according to US embassy diplomatic cables between 2004 and 2009, recently exposed by Wikleaks.

• Sunday, February 6th 2011 - 08:08 UTC

  South American/Arab leaders’ summit in Peru suspended

  

  The III South America/Arab (Aspa) countries leaders’ summit scheduled for mid February in Peru has been postponed announced in Cairo the Deputy Secretary General of the Arab League, Ahmed Ben Heli.

• Friday, February 4th 2011 - 21:11 UTC

  Massive blackout in Brazil exposes vulnerability of energy infrastructure

  

  A widespread blackout hit at eight states in Brazil's northeast Friday exposing energy infrastructure vulnerabilities of the nation that will host an Olympics and a World Cup.

• Thursday, January 27th 2011 - 01:29 UTC

  Let’s stop Fooling Around and Spending so Much on Arms Says Uruguayan President Mujica

  

  The President of Uruguay Jose Mujica, on Wednesday concluded a two-day visit to Peru aimed at deepening trade and political relations. His next official port of call is Venezuela.

• Wednesday, December 8th 2010 - 16:27 UTC

  Mercosur/EU trade negotiations on track for Brussels meeting in March

  

  Trade negotiations between the European Union and Mercosur are making progress and are on track for a possible trade agreement by mid-2011, following coincidences on several controversial points.

• Wednesday, November 10th 2010 - 00:52 UTC

  Soybeans futures at their highest in two years on USDA report on US crop

  

  Soybeans futures settled at their highest in more than two years on Tuesday after the Agriculture Department, USDA, slashed its forecast for the United States soybean production to 3.375 billion bushels from 3.408 billion bushels the previous month.

• Thursday, August 5th 2010 - 21:10 UTC

  South American countries gather to discuss reducing broad band costs

  

  The economic development of Latin America has pushed technology experts to seek out a stronger technological network to suit the region’s changing needs.