Stories for February 2010

Wednesday, February 17th 2010 - 02:58 UTC
Power strapped Venezuela rejects Colombian supply offer

President Hugo Chavez's government said it is not interested in buying electricity from neighbouring Colombia despite Venezuela's struggles with severe energy shortages.
Wednesday, February 17th 2010 - 02:46 UTC
NZ dairy group in Uruguay reports improved results

NZ Farming Systems Uruguay has reported improved results on the back of better rainfall, growth in its farms, cost cutting and better milk prices.
Wednesday, February 17th 2010 - 02:05 UTC
UK stern reply to Argentine intention of controlling Falklands’ sea trade

The Argentine government’s announcement on Tuesday that all cargo navigating between Argentina and Falklands/Malvinas Islands “will require previous authorization” received a quick and energetic response from the British government through its embassy in Buenos Aires.
Wednesday, February 17th 2010 - 01:39 UTC
Mr. Kirchner prepares comeback with his mind on the 2011 election

Former Argentine president Nestor Kirchner (2003/2007) is scheduled to reappear in a political rally next week for the launching of his presidential pre-campaign, the first such appearance since he underwent an emergency and delicate surgery in his carotid earlier in the month.
Wednesday, February 17th 2010 - 01:34 UTC
Rebuilding quake-shocked Haiti could soar to 14 billion USD says IDB

The cost of rebuilding Haiti’s homes, schools, roads and other infrastructure could soar to nearly 14 billion US dollars according to a new study by economists at the Inter-American Development Bank.
Wednesday, February 17th 2010 - 01:28 UTC
Record fall for US Treasury bonds demand; China net seller

Foreign demand for US Treasury bonds and notes fell by a record amount in December as China reduced its holdings. The Treasury said foreign holdings of US debt dropped by 53 billion USD, surpassing the previous record set last April.
Wednesday, February 17th 2010 - 01:18 UTC
Return of 17.5% VAT in January pushes UK inflation to an annual 3.5%

United Kingdom price rises caused by the return of 17.5% VAT in January saw inflation reach 3.5%, the Office for National Statistics (ONS) has said. The Consumer Prices Index (CPI) rose to 3.5% last month from 2.9% in December as goods and services became more expensive.
Tuesday, February 16th 2010 - 21:35 UTC
Argentine hake catches down 60% in first 42 days of 2010

Argentine ports received 9,246.4 tons of common hake (Merluccius hubbsi) between January 1 and February 12 this year which is 60% less than the 23,200 tons for the same period a year ago.
Tuesday, February 16th 2010 - 19:56 UTC
Mercosur/EU agreement anticipated for next May at Madrid summit

Mercosur and the European Union could be signing a cooperation and free trade agreement, although not in its final version, next May during the two continents summit in Madrid, according to the Brazilian Foreign Affairs minister Celso Amorim
Tuesday, February 16th 2010 - 19:30 UTC
Argentina demands prior approval for vessels sailing to Falklands

The Argentine government made public Tuesday a decree that requires prior approval for ships sailing between Argentina and the Falkland Islands. The approval will be needed for vessels travelling “or carrying goods directly or indirectly” between the mainland and the Islands, announced cabinet chief Anibal Fernandez during a press conference at Government House.