Stories for July 2009

Saturday, July 11th 2009 - 18:15 UTC
Bolivia interested in Uruguayan ports for its overseas trade

Uruguay has offered far better conditions for the export of Bolivian products from Uruguayan ports than Chile has, revealed on Friday Bolivian Foreign Affairs minister David Choquehuanca.
Saturday, July 11th 2009 - 18:07 UTC
Paraguay plans to open trade office in Shanghai

A Paraguayan delegation of government officials and private sector representatives will be travelling to China in the near future to begin conversations for the formal establishment of trade relations with Beijing, announced the country’s Foreign Affairs minister Hector Lacognata.
Saturday, July 11th 2009 - 15:35 UTC
Mercosur summit confirmed July 23/24; strong claim from Paraguay expected

The Mercosur summit has been confirmed for next July 23/24 with at least ten presidents scheduled to participate in the event that will be hosted by Paraguay. During the summit Paraguay will hand the Mercosur rotating chair to Uruguay for the next six months.
Saturday, July 11th 2009 - 15:31 UTC
Rescue of gold cargo on South Atlantic seabed begins this week

The rescue and recovery of 9.6 tons of gold and silver on the sea bed of the South Atlantic is scheduled to begin next week with the arrival of Sailor-C, a Vanuatu flagged vessel specifically designed for this kind of operations.
Saturday, July 11th 2009 - 15:23 UTC
Brazil could restrict credit to Argentina in retaliation for trade barriers

The Brazilian government is looking at restricting credit lines to Argentina in retaliation for its neighbor's efforts to stall local imports, reported on Friday the daily O Estado de S. Paulo.
Saturday, July 11th 2009 - 15:17 UTC
New leaner GM is born: four key brands and 61% owned by US government

General Motors (GM) says it has emerged from bankruptcy protection after creating a “new GM” made up of the carmaker's best assets. GM chief executive Fritz Henderson said it was the beginning of a “new era”.
Friday, July 10th 2009 - 12:57 UTC
The Latin American Dream

Britain’s Foreign Office Minister, Chris Bryant, attended an event at the Overseas Development Institute (ODI) and delivered a speech on “Latin America – realising the dream”. The event and speech focused on Latin America's role in the world and how the EU and Latin America need to work together on global issues such as climate change and the international financial crisis.
Friday, July 10th 2009 - 12:51 UTC
G8 and G5 consensus to close the Doha Round trade talks next year

A consensus has emerged Thursday at the expanded Group of Eight summit in Italy on the need to close the Doha Round on world trade talks by the end of next year. The World Trade Organization (WTO) talks began in 2001 and were aimed at lowering trade barriers for agriculture and the services sector and to boost trade and development for poor countries.
Friday, July 10th 2009 - 12:48 UTC
Uruguayan farmland selling prices down 20 to 30%

The cost of farmland in Uruguay has dropped between 20% and 30% in the first half of 2009 and the number of operations has fallen drastically, 70% according to local camp brokers.
Friday, July 10th 2009 - 12:44 UTC
Falkland Islands: Weekly Penguin News Update

Headlines: Children to be canvassed in school uniform debate; Retail war steps up a gear with arrival of Sainsbury’s.