Stories for 2009

Wednesday, September 30th 2009 - 07:16 UTC
Major reshuffle in Spanish bank with strong interests in Latinamerica

Spain's second-largest bank BBVA announced on Tuesday it was replacing its widely-respected CEO but confirmed that its powerful chairman Francisco Gonzalez was staying in place.
Wednesday, September 30th 2009 - 05:43 UTC
The Honduras crisis and a Republican Senator from South Carolina

Who’s in command? is the question political analyst Andres Oppenheimer has asked in his weekly column on Latinamerican affairs, precisely because in the midst of the Honduras crisis, the Obama administration has not been able to confirm key players, Under Secretary for Hemispheric Affairs and the US ambassador in Brazil.
Wednesday, September 30th 2009 - 05:33 UTC
Argentina imposes tough guidelines on fisheries’ permit and quota transfers

Argentina’s Federal Fisheries Council (CFP) will have the final responsibility in the approval of all new projects regarding the transfer of vessels and fishing quotas that are remitted to the Sub-Secretary of Fisheries and Aquaculture.
Wednesday, September 30th 2009 - 05:15 UTC
Honduran Army confident a “peaceful” solution to the crisis is near

Honduras highest ranking officer General Romeo Vazquez said a solution to the political crisis triggered by the ousting on June 28th, of elected president Manuel Zelaya is in the making. Zelaya is currently holed in the Brazilian embassy in Tegucigalpa calling on his followers to come out to the streets.
Wednesday, September 30th 2009 - 02:58 UTC
Chile threatens to cut provisions to foreign vessels in high seas fishing

Chile has warned that if the current talks with the South Pacific Regional Fisheries Organization, RFO (*), prove “unsatisfactory”, the ‘tabula rasa’ resource of Decree 123 will be applied, effectively outlawing provisioning of foreign vessels at all Chilean ports.
Wednesday, September 30th 2009 - 02:55 UTC
Latinamerica will need 400 billion USD in new capital next year

Latinamerica will need to borrow 400 billion US dollars next year to compensate the lack of national capital and to help reactivate its economy after the downturn, according to Pamela Cox, World Bank vice-president for Latinamerica.
Wednesday, September 30th 2009 - 01:39 UTC
Latinamerican offshore banking industry ready for the future

Mercopress had a chance to catch up with Nate Suppaiah, founder and managing editor of Alternative Latin Investor (ALI), a bimonthly digital publication that features information on alternative investments in the LatAm region. Some of their topics include: hedge funds, forex, private equity, real estate, renewable energy, art, wine, and philanthropy.
Tuesday, September 29th 2009 - 13:21 UTC
Lula da Silva’s presidential candidate cured of lymphatic cancer

The woman Brazilian President Lula da Silva wants to succeed him is cured of lymphatic cancer, her doctors said Monday.
Tuesday, September 29th 2009 - 13:18 UTC
Weakening dollar and rising Euro and Yuan, anticipates World Bank

The president of the World Bank cautioned US authorities on Monday against assuming the dollar would maintain its role as the world's reserve currency. Robert Zoellick said other currencies such as the Euro and the Chinese Yuan could win increasing acceptance in international currency markets.
Tuesday, September 29th 2009 - 10:45 UTC
Chile documents its Antarctica roots for bicentennial celebrations

A documentary “Antarctica Secreta” (Secret Antarctica) which explores and promises abundant evidence of Chile’s long established roots in Antarctica, dating back to over a hundred years, is expected to be ready for its launching August next year, on time for the country’s bicentennial celebrations.