Stories for September 2010

Tuesday, September 14th 2010 - 23:03 UTC
EU anticipates a trade agreement with Mercosur by next July 2011

EU trade chief Karel De Gucht said on Tuesday in Brazil that a EU-Mercosur trade pact could happen “in less than a year”, despite France's “firm” opposition to a deal with the South American block.
Tuesday, September 14th 2010 - 14:25 UTC
Falklands’ oil and Argentina: “the potential prize made the risk worth taking”

Alan Huckle retires this month as Governor of the Falkland Island. In an interview with Mercopress Mr. Huckle recalls some of the outstanding events of his mandate: a solemn, dignified 25th anniversary of the 1982 conflict; constitutional reform which transferred even greater responsibility to the Falklands elected Councilors and oil, “an issue not yet played out”.
Tuesday, September 14th 2010 - 10:59 UTC
Number of tour ships visiting South Georgia to fall for the second year running

The number of tour ships planning to visit South Georgia in the coming summer looks set to fall for the second year in a row, according to a report in the August edition of the South Georgia Newsletter.
Tuesday, September 14th 2010 - 03:57 UTC
S&P raises Argentina’s long term credit rating based on an improving economy

Standard & Poor's raised on Monday its long-term foreign currency credit rating on Argentina by one notch, to B from B-minus, citing declining debt levels and an improving economy in 2010.
Tuesday, September 14th 2010 - 03:55 UTC
OPEC born in Baghdad in 1960 with five members, changed the energy world

The Organization of Petroleum Exporting Countries turns 50 years old Tuesday having survived a tumultuous history of wars, embargoes and in-fighting. The world’s oldest and largest energy producer group is now enjoying prices close to the 75 USD a barrel level that its largest member Saudi Arabia considers “ideal.”
Tuesday, September 14th 2010 - 03:50 UTC
IMF warns no financial crisis is over with a “wasteland of unemployment”

The global recession has created a “wasteland of unemployment” that is likely to leave scars on society for years to come, unless action is taken to address the jobs crisis, IMF Managing Director Dominique Strauss-Kahn warned.
Tuesday, September 14th 2010 - 03:48 UTC
Dictators’ illicit funds in Swiss banks will be returned to pillaged countries

A new law on returning illicit dictator funds that are deposited in Swiss banks has been approved by the Swiss parliament.
Tuesday, September 14th 2010 - 03:43 UTC
Paraguayan president health condition causes unrest among lawmakers

Paraguayan president Fernando Lugo undergoing treatment for a lymphatic cancer is limiting activities to “administrative affairs” while a growing number of opposition lawmakers are seriously considering requesting his resignation or a larger share of responsibilities with his Vice-President Federico Franco.
Tuesday, September 14th 2010 - 03:08 UTC
Wide ranging trade deal brings Taiwan closer to China

A historic trade deal between China and Taiwan took effect Sunday signalling improvement in relations between the two countries after they were split by a civil war over 60 years ago.
Tuesday, September 14th 2010 - 02:57 UTC
Uruguay feels Mercosur is a diplomatic club, still too distant from the people

Mercosur is currently a “Foreign Affairs ministries club” which has failed in getting people involved in the integration idea and process, said Uruguayan Foreign Secretary Luis Almagro during a press conference Monday at Government House.