Stories for July 2010

Tuesday, July 27th 2010 - 23:30 UTC
Latam’s India challenge: market for commodities, but manufacturing competitor

India could become a fast-growing market for Latin American and Caribbean commodities but governments in this region must foster closer ties with the 1.1 billion population giant and reduce trade costs to tap into that opportunity, according to a new study by the Inter-American Development Bank (IDB).
Tuesday, July 27th 2010 - 20:48 UTC
EU population reaches 500 million, with strong boost from net migration

The population in the European Union (EU) rose to over 500 million this year, official figures released by the EU statistics office Eurostat on Tuesday showed.
Tuesday, July 27th 2010 - 20:20 UTC
Ecuador moves to increase state control over the oil industry

OPEC member Ecuador says it will start renegotiating contracts with private oil companies as it moves to increase state control over the sector. Under the new hydrocarbons law, the current production-sharing agreements will be replaced by a flat fee.
Tuesday, July 27th 2010 - 20:04 UTC
Paraguay downplays derogatory references from Brazilian politicians

Paraguayan officials downplayed statements by Brazil’s main opposition presidential candidate Jose Serra who said that Brazil is doing “philanthropy with Paraguay and Bolivia”.
Tuesday, July 27th 2010 - 04:53 UTC
Colombia/Venezuela conflict: Kirchner meets president-elect Santos

Unasur (Union of South American Nations) chairman Nestor Kirchner confirmed Monday ongoing contacts at different levels to try and defuse the Colombia/Venezuela conflict.
Tuesday, July 27th 2010 - 04:49 UTC
Chile, Peru and Colombia, trade platform for China in South America

Colombia, Chile and Peru are increasingly the platform for South American trade with China, according to official statistics. The three countries have China as one of the largest and most dynamic trade partners and are working on a common strategy for further liberalization of trade.
Tuesday, July 27th 2010 - 04:42 UTC
Brazilian Indians protesting construction of Amazon dam release hostages

The Brazilian Indians who occupied the construction site of a hydroelectric dam and took more than 150 workers hostage in the far southern portion of the country’s Amazon region on Monday have released the last five people they were holding, a government spokesman said.
Tuesday, July 27th 2010 - 02:48 UTC
US District Judge rules in favor of Argentina against ‘vulture funds’

Argentina won a court decision that keeps so-called vulture funds with demands against the country from gaining possession of bonds held in a Buenos Aires government trust account.
Tuesday, July 27th 2010 - 02:37 UTC
Soy-oil: Argentina hopeful India will replace China as main client

India could become the main buyer of Argentine soybean oil according to Industry Minister Deborah Giorgi. The official made the announcement following a meeting on Monday with Indian in Buenos Aires Rengaraj Viswanathan.
Tuesday, July 27th 2010 - 02:35 UTC
Barack administration breaks deporting records: 400.000 in 2010

The administration of President Barack Obama is deporting undocumented immigrants in unprecedented numbers and has intensified inspections in hundreds of companies that appealed to “illegal cheap labour”, according to The Washington Post.