Stories for August 2010

Friday, August 13th 2010 - 07:00 UTC
“Discriminatory trade” measures could limit Chinese interest in Argentina

As China is gaining ever wider economic influence, Argentina runs the risk of losing the opportunity to benefit from the trend by keeping discriminatory measures against Chinese products, an Argentine expert warned.
Friday, August 13th 2010 - 06:55 UTC
San Jose tragedy: Piñera demands resignation of mining regulatory board

Chilean president Sebastián Piñera called for the resignation of top officials from the national mining regulatory body (the National Geologic and Mining Service of Chile, Sernageomin) as a result of last Thursday’s mine collapse in northern Chile, where 33 miners remain trapped. Sernageomin’s national director, the regional director and the sub-director of were all named in the announcement.
Friday, August 13th 2010 - 06:51 UTC
Grant to expand water services in Uruguayan rural communities and schools

The Inter-American Development Bank approved a 6.85 million USD grant to expand access to better sanitation and water services in Uruguayan rural communities and schools.
Friday, August 13th 2010 - 06:48 UTC
Indian, Brazilian, South African navies in trilateral war games

Four Indian warships are being dispatched for a two-month-long overseas deployment along the African coast this week, which will culminate in complex trilateral war games among Indian, Brazilian and South African navies.
Friday, August 13th 2010 - 06:39 UTC
Argentine wheat farmers slash land sown to a 111 year low, says FT

British newspaper “The Financial Times” has run a story focusing on Argentina's wheat production, explaining that due to export limits and taxes, “farmers have slashed the land sown with wheat to a 111-year low” and cereal exports “have been halved over the past five years.”
Friday, August 13th 2010 - 06:33 UTC
Brazil halts operations on Petrobras oil platform citing safety reasons

Brazil's oil regulator said on Thursday it halted operations of state oil company Petrobras' (PETR4.SA: Quote) offshore P-33 platform, citing safety concerns. The announcement follows oil workers union claims that the rig was “dangerous”.
Friday, August 13th 2010 - 04:12 UTC
Chilean ruling coalition senators condition approval of Unasur charter

Senators from Chile’s coalition junior partner announced they support the approval of the Unasur, Union of South American Nations charter previous compliance with several ‘basic conditions’.
Friday, August 13th 2010 - 04:06 UTC
Asian and Latinamerican corporations buying Argentine assets

In the nineties most Argentine companies were purchased by companies with headquarters in New York or Madrid but in this decade they come from less glamorous countries: China, India, Brazil, Russia and unsuspected places such as Mexico, Peru and Colombia.
Friday, August 13th 2010 - 03:20 UTC
Chilean and Swedish companies insist with new pulp mill in Uruguay

Chilean wood pulp producer Celulosa Arauco y Constitucion SA seeks to continue its regional expansion as it develops plans for a new pulp mill in Uruguay, Arauco's corporate director, Franco Bozzalla, said this week.
Friday, August 13th 2010 - 03:16 UTC
Cruise company cautions ports must prepare for ships with over 5.400 passengers

Royal Caribbean announced that during the coming tourist season several of its ships will make 27 stops between Montevideo and Punta del Este in Uruguay. The announcement was made by Michael Ronan, Royal Caribbean's Vice President of Government Relations, Caribbean, Latin America & Asia, in a meeting with different Uruguayan authorities held in Montevideo.