Stories for September 2009

Friday, September 11th 2009 - 07:25 UTC
Uruguayan businessman among Latinamerica’s hundred most powerful

Uruguay’s Gabriel T. Rozman figures among Latinamerica’s hundred most powerful men and women in business according to the Latin Business Chronicle Power 100 ranking. Mr Rozman is executive vice-president for emerging markets at Tata Consulting Services, TCS, the Indian corporation that only in Latinamerica has over 6.000 staff in Latinamerica.
Friday, September 11th 2009 - 07:03 UTC
Chilean Congress to repeal copper sales law funding Armed Forces

President Michelle Bachelet gave her support Tuesday to a bill that would repeal the Copper Reserve Law. The Copper Reserve Law, a relic of the Pinochet dictatorship, guaranteed that 10% of all sales made by the state-owned CODELCO copper company will be given to Chile’s Armed Services.
Thursday, September 10th 2009 - 18:46 UTC
Desire signs ‘letter of intent’ for Falklands drilling campaign

Desire Petroleum plc the exploration company focusing on the North Falkland Basin, has announced that it has exchanged a letter of intent with Diamond Offshore Drilling (UK) Ltd for the drilling unit the Ocean Guardian to undertake a four well minimum drilling campaign in the North Falkland Basin.
Thursday, September 10th 2009 - 11:50 UTC
US hopes for “truly exceptional” relations with new Uruguayan government

United States has a “truly exceptional” relation with Uruguay and expects whoever wins the coming election, to keep that “very solid” link said Everett Eissenstat, US Assistant Trade Representative for the Americas during a meeting with a delegation of visiting Uruguayan journalists.
Thursday, September 10th 2009 - 11:47 UTC
Malvinas Families peregrination to Falklands with no Argentine officials

Foreign Affairs minister Jorge Taiana confirmed officially that no Argentine official will be travelling with the Malvinas Families to the Falkland Islands for the inauguration of the Memorial at the Argentine cemetery in Darwin next October. “No, no one is travelling”, said Taiana when asked by the Argentine press.
Thursday, September 10th 2009 - 11:40 UTC
Chilean president Bachelet approval rating remains steady at 73%

An overwhelming majority of Chileans, 73% approve of the way that President Michelle Bachelet is handling her responsibilities, says a new Adimark poll taken in August.
Thursday, September 10th 2009 - 11:35 UTC
Mexico and Venezuela spend millions lobbying in the US

Mexico is the Latinamerican country which most resources invests in influencing US policies, while the Venezuelan government deploys the most public relations activities to promote a positive image, according to data from the US Justice Department.
Thursday, September 10th 2009 - 11:31 UTC
Petrobras, BG, Repsol confirm huge offshore oil deposit

Petrobras, British Gas and Repsol-YPF announced Wednesday that the deepwater offshore Guara field holds between 1.1 and 2 billion barrels of oil. In an official release Brazil’s government managed oil company Petrobras said initial output may be as much as 50,000 barrels of oil equivalent a day by 2012.
Thursday, September 10th 2009 - 11:26 UTC
UNCTAD joins the “replace the US dollar” debate

The United Nations has stepped into the debate on the future of the US Dollar, mainly that it be replaced as the world's reserve currency. The idea has been floating for some time in world capitals, such as Beijing, Moscow, Tehran and Brasilia but is the first time the world organisation openly takes position.
Thursday, September 10th 2009 - 05:05 UTC
Argentine industrial activity in July contracts 9.5% and 8.8% in seven months

With most sectors contracting industrial activity in Argentina plunged 9.5% in July compared to the same month a year ago accumulating in seven months a descent of 8.8%, according to an official report from the Argentine Industrial Union, UIA.