Stories for July 2008

Thursday, July 24th 2008 - 21:00 UTC
Investment and exports behind Uruguay's growth

Productive investment and exports have been behind the sustained growth of the Uruguayan economy since the crisis of 2002, according to Fernando Lorenzo head of the Macroeconomic and Financial Advisors Office from the country's Ministry of Economy.
Thursday, July 24th 2008 - 21:00 UTC
London ambassador proposes sharing Malvinas resources

”The only way (for Argentina) to take advantage of the Malvinas resources is to share them, but to share them you must have an agreement (with the UK) and for that you need political will which at this moment does not exist”, said Argentine ambassador in London, Federico Mirré who is retiring after forty years in the diplomatic service.
Wednesday, July 23rd 2008 - 21:00 UTC
Venezuela offers Russia strategic alliance against US

Venezuelan president Hugo Chavez has called for a strategic alliance with Russia to protect his country from United States. Chavez call came as Moscow and Caracas agreed to extend bilateral co-operation on energy.
Wednesday, July 23rd 2008 - 21:00 UTC
Over 11 million Argentines live in poverty or indigence

Rising inflation in the first half of 2008 has meant that 11.3 million Argentines are poor, of which 3.9 million indigent, a significant increase over the previous six months according to a report from a private consultants firm released on Tuesday.
Wednesday, July 23rd 2008 - 21:00 UTC
Change in Argentine cabinet: new Agriculture secretary

Argentina's new Agriculture Secretary takes the oath of office on Wednesday. Carlos Cheppi replaces Javier de Urquiza one of the first victims of the four month long stand off between the administration of President Cristina Fernandez de Kirchner and the protesting farmers.
Wednesday, July 23rd 2008 - 21:00 UTC
Chile joins Latam whale and dolphin watching tourism

Whales and dolphins are making the tourism market boom, particularly in Chile, where tourism is becoming a key factor of Chile's economic development strategy. More than one million tourists enjoyed viewing cetacean species in Latin America this past year, industry sources report.
Wednesday, July 23rd 2008 - 21:00 UTC
European & Canadian cities have best quality of living

European cities dominate the worldwide rankings of locations with the best quality of living, according to Mercer's 2008 Quality of Living survey. Zurich retains its 2007 title as the highest ranked city followed jointly by Vienna (2), Geneva (2), then Vancouver (4) and Auckland (5).
Wednesday, July 23rd 2008 - 21:00 UTC
South American cities with serious personal safety problems

South American cities do not rank favorably with Mercer's highest personal safety ranking based on internal stability, crime, effectiveness of law enforcement and relationships with other countries.
Wednesday, July 23rd 2008 - 21:00 UTC
Argentine fisheries landings down 7% in first half of 2008

Argentine fisheries landings in the first half of 2008 totaled 536.075 tons, which is 7% less that the 574.000 tons of the same period last year. Fish and mollusks dropped 6% and crustaceans 26% between 2008 and 2007, according to the latest release from the Fisheries and Aquaculture Deputy Secretariat.
Wednesday, July 23rd 2008 - 21:00 UTC
US dollar close to medium-term equilibrium says IMF

The Euro is overvalued, while the US dollar's decline has brought it closer to its medium-term equilibrium in a decade, according to a top official from the International Monetary Fund.