Stories for March 2009

Thursday, March 26th 2009 - 10:36 UTC
Sinking pound makes Gibraltar a shopping haven for Spaniards

An article in the latest edition of the UK national daily ‘The Guardian’ describes Gibraltar as “a miraculous survivor in these days of international financial turmoil and sweeping recession, thanks to a sinking pound and an economy that grows at a rate comparable to that of China.”
Thursday, March 26th 2009 - 10:35 UTC
Corruption forces resignation of Turks and Caicos PM

The prime minister of the Turks and Caicos Islands has resigned after an investigation that found “clear signs” of corruption in the territory’s Government.
Thursday, March 26th 2009 - 07:51 UTC
Uruguay's economy expanded 8.9% in 2008 but 0.8% in 4Q

Boosted by international and domestic demand Uruguay’s economy expanded for the sixth year running having recorded last year, 8.9%, according Central Bank president Mario Bergara.
Thursday, March 26th 2009 - 07:46 UTC
Following survey Argentina rotates hake ban areas

Argentina’s Federal Fisheries Council (FFC) has advised opening the 4160 North statistical quadrant of the common hake (Merluccius hubbsi) fishery, while closing the 4764 South quadrant, on the basis of findings from the last commercial hake survey
Thursday, March 26th 2009 - 07:18 UTC
Discover Uruguay, the right mix for US tourists

Tourists from the United States are discovering Uruguay and with good reason: it’s an oasis of tranquillity with a near-perfect climate that eagerly welcomes foreign guests, providing a rich mix of historical, beachside, urban, rural, and ecological offerings.
Thursday, March 26th 2009 - 06:54 UTC
Latinamerican remittances could drop 11% to 13% in 2009 says IDB

As the global economic slowdown begins to bite remittances to Latin America this year will fall for the first time since the Inter-American Development Bank, IDB, began measuring the money flows in 2000, reported the bank.
Thursday, March 26th 2009 - 06:34 UTC
Brazilian credit for Aerolineas to purchase 20 aircrafts

Brazil has agreed to lend 700 million US dollars to state-owned airline Aerolineas Argentinas to fund its purchase of 20 planes from Embraer in an effort to save jobs at the aircraft maker.
Thursday, March 26th 2009 - 05:26 UTC
China promises Uruguay expanded trade and investments

Uruguayan president Tabare Vazquez left China Wednesday with promises of more investments and an increase in purchases of tops, wool, pulp, meat and fisheries, according to reports from the official press released in Beijing.
Thursday, March 26th 2009 - 05:10 UTC
Brazilian proposal for a Mercosur Police, Merpol

Brazil is sponsoring the creation of a Mercosur police force similar to Europol the security organization of the European Union which specializes in across-border crimes, revealed the Brazilian Ministry of Justice.
Thursday, March 26th 2009 - 05:03 UTC
Argentina's Catholic Church warns about “altered social peace”

Argentina’s influential Catholic Church warned that a year long conflict between the government of President Cristina Fernandez de Kirchner and farmers over export duties has “altered social peace”.