Stories for 2010

Friday, June 18th 2010 - 19:25 UTC
Venezuela’s Mercosur incorporation closer on political agreement in Paraguay

“There are better conditions, things are quieter now” to consider the incorporation of Venezuela to Mercosur as full member said Paraguayan cabinet chief Miguel Lopez Perito, following a political agreement in Congress with one of the main opposition parties.
Friday, June 18th 2010 - 05:54 UTC
Mujica also wants Brazil in the joint monitoring of the River Uruguay

President Jose Mujica said the Wednesday night decision by Argentine activists to lift the (four year) blockade on a bridge leading to Uruguay was ‘our team’s fourth goal’ (in reference to that afternoon’s 3-0 victory over South Africa at the World Cup).
Friday, June 18th 2010 - 05:46 UTC
What went wrong with the Euro? It was like some kind of sleeping pill

EU president Herman Van Rompuy blamed the past strength of the European single currency for making the Euro zone unaware of its fiscal problems, in an interview with the Financial Times.
Friday, June 18th 2010 - 05:43 UTC
Venezuela’s CITGO offering to pay 12% for a 7 year bond

US based CITGO Petroleum Corporation, a wholly owned subsidiary of Venezuela's state oil company Petroleos de Venezuela S.A. (PDVSA), is coming to market with a 7 year bond and offering to pay 11.75% to 12% on the debt.
Friday, June 18th 2010 - 04:43 UTC
Spanish leader advices Cameron to act swiftly and fast with budget cuts

Spanish president Jose Luis Rodriguez Zapatero recommended British PM David Cameron to implement all economic reforms “swiftly, with no delay” and the widest ranging possible.
Friday, June 18th 2010 - 04:31 UTC
Cuba facing dramatic power shortage calls for ‘energy-saving’

Cuban Vice President Ramiro Valdes issued a call to “step up” energy-saving measures on the island in the face of the increase in electricity use in recent months, official Communist Party daily Granma said Thursday.
Friday, June 18th 2010 - 04:29 UTC
China wants higher pay for workers; spate of strikes in foreign owned companies

One of China's most influential newspapers, the official People's Daily, has called for workers' incomes to be raised. The paper says wages need to rise to protect stability and transform society.
Friday, June 18th 2010 - 00:40 UTC
Brazil and Peru sign agreements to strengthen cooperation and energy integration

Brazil and Peru signed several accords which strengthened regional integration with particular emphasis on energy. The event followed a meeting between Presidents Lula da Silva and Alan Garcia met in Manaus, state of Amazon.
Friday, June 18th 2010 - 00:37 UTC
Salmon farming in Chile greater environmental threat than estimated

Salmon farms in Chile are a worse threat to the environment than originally thought following on unexpected results from a German scientific research team studying communications among whales in the southern Pacific along Chilean Patagonia.
Friday, June 18th 2010 - 00:16 UTC
Peru plans to boost oil production to half a million barrels in five years

Peru forecasts a liquid hydrocarbons production of half a million barrels per day in five years time, said Daniel Saba head of Perupetro the country’s company that awards and supervises all oil and gas contracts.