Stories for September 2010

Saturday, September 18th 2010 - 09:35 UTC
Bolivarian governments preach Socialism but have serious democratic deficiencies

Bolivarian governments preach Socialism and work for the dispossessed but also have serious shortcomings since they ignore basic democratic standards in freedom of the press, human rights, and citizenry participation according to Norbert Neuser, member of the European Parliament.
Saturday, September 18th 2010 - 09:27 UTC
Venezuelan government airline grounds all flights for technical review of fleet

The government-owned Venezuelan airline involved in a fatal a plane crash Monday in which 16 people were killed has grounded all flights Friday for 14 days to perform a technical review of its fleet, the Conviasa airline announced.
Saturday, September 18th 2010 - 03:50 UTC
Mujica rather mistrustful of Uruguay’s economic performance: too good to last

President Jose Mujica said he was not satisfied with growth of the Uruguayan economy but rather ‘mistrustful’ since “good things are not for ever”, nevertheless the country must take full advantage of the situation.
Saturday, September 18th 2010 - 03:41 UTC
Women “guardians” to look after Chavez and ensure victory on September 26

With less than ten days to crucial legislative elections Venezuelan president Hugo Chavez took the oath to the “Guardians of Chavez” a group of women tasked with the mission of defending the Bolivarian revolution and the permanence of the populist leader in office.
Friday, September 17th 2010 - 20:43 UTC
Rockhopper declares Falklands’ oil discovery will be commercially viable

Rockhopper Exploration (RKH.L) said it believed its oil discovery offshore the Falklands Islands will be commercially viable. A test at the Sea Lion 1 well in the North Falkland basin produced sustained rates of over 2,000 barrels of oil per day, in line with its hopes, Rockhopper said in a statement on Friday.
Friday, September 17th 2010 - 06:39 UTC
Successful testing of ninth out of ten oil-wells in extreme south of Chile

Latin American oil and gas firm GeoPark Holdings Ltd said on Thursday it successfully drilled and tested a new well in the Guanaco oil field on the Fell Block in the extreme south of Chile.
Friday, September 17th 2010 - 06:30 UTC
Chinese oil company after BP’s stake in Argentina’s Pan American Energy

CNOOC, Ltd, China’s biggest offshore oil explorer, may bid 10.2 billion USD for BPs 60% stake in Argentina’s Pan American Energy LLC and will probably seek a partner in the acquisition, Citigroup Inc. said.
Friday, September 17th 2010 - 04:14 UTC
EU and Argentina overcome differences and look ahead to Mercosur trade talks

The European Union said differences with Argentina over food import impediments belonged to the past, but in private warned that such measures only help to erode the needed trust to keep advancing negotiations for a free trade agreement between the EU and Mercosur.
Friday, September 17th 2010 - 03:45 UTC
Uruguay’s “life quality” tourism attracted 1.5 million in eight months

The numbers of tourists arriving in Uruguay during the first eight months of 2010, compared to the same period a year ago, increased 13% and revenue jumped 20.2% according to the latest figures released Thursday by the Ministry of Tourism Hector Lescano.
Friday, September 17th 2010 - 03:43 UTC
Japan will continue to intervene to keep Yen-priced exports competitive

Japan's prime minister said that authorities would keep intervening to curb the country’s currency strength as sagging manufacturing confidence underscored the threat the currency poses to the fragile economic recovery.