The European Central Bank moved Thursday to contain the continent's government debt crisis, extending the availability of emergency loans and keeping its benchmark lending rate at one percent.
Paraguay summer and winter crops in 2010 totalled 12.688.908 tons establishing a new record according to agronomist Luis Cubilla from the Agriculture Biotechnology Institute. The last best harvest was in 2008 with 10.5 million tons.
Santiago de Chile’s airport is about to be expanded to accommodate millions of more travellers. The crowds of people in the airport have been steadily growing, adding hours of travel time to passengers arriving to and leaving from Chile.
Unasur has been a fundamental factor of stability, democracy and peace for the region said Uruguay’s Foreign Affairs minister Luis Almagro, following on Uruguay’s Parliament’s ratification of the group’s founding charter and constitution. However Almagro admitted consensus on a name for Secretary General of Unasur is still pending.
Argentina’s Advocate General Office and a humanitarian organization called for the intervention of the Inter American Human Rights Commission, CIDH, to ensure the physical integrity of the indigenous Toba community in the northern province of Formosa following incidents with police forces that left two people killed.
The Brazilian opposition has criticized the purchase of a new presidential aircraft for president-elect Dilma Rousseff claiming it is excessively luxurious and expensive.
Canadian Scotiabank (NYSE: BNS) is close to purchase the US private equity firm Advent’s stakes in Uruguay's third largest private sector bank Nuevo Banco Comercial (NBC) and consumer credit company Pronto!, was reported Thursday in Montevideo.
Desire Petroleum plc (AIM:DES) the oil and gas company wholly focussed on the North Falkland Basin, wishes to advise that the 14/15-2 Rachel North well has reached a total depth of 3052 metres.
The coming XX Ibero-American summit which opens next Friday in Mar del Plata, Argentina will have as main objective a commitment from the 22 country members to invest 76 billion Euros in education during the next decade.
Stimulus and bailout packages undertaken to cope with the economic crisis can have an impact on trade and investment and need to be managed carefully, according to the head of the World Trade Organization.