Stories for 2010

Wednesday, March 31st 2010 - 18:24 UTC
High-quality oil in once guerrilla infested Colombian jungle

Petrominerales Ltd., mostly owned by Canadian companies said Monday that an oil well drilled in Colombia has produced a prolific 15,600 barrels of high-quality crude per day, following similarly strong results from two other wells on its Candelilla discovery.
Wednesday, March 31st 2010 - 18:20 UTC
Texas Congress discuss violence from drug war along border with Mexico

The violence raging in Mexico’s drug war is worse now than the terror that enveloped Colombia during the 1980s and 1990s ever was, Texas Department of Public Safety Director Steve Mc Craw told state lawmakers this week in Austin.
Wednesday, March 31st 2010 - 18:15 UTC
Former Defence minister leads in Colombia’s presidential May election

According to the latest poll by Ipsos-Napoleon Franco published by Colombian newspaper Semana over the weekend, the former Defence minister in President Alvaro Uribe cabinet, Juan Manuel Santos, is clearly ahead in the presidential polls with 36% vote intention.
Wednesday, March 31st 2010 - 18:13 UTC
Colombia’s FARC warns next release only under “humanitarian exchange”

Colombian army Sgt. Pablo Emilio Moncayo emerged from more than a dozen years in captivity Tuesday as Marxist inspired drug funded FARC rebels released him to a humanitarian delegation headed by opposition Senator Piedad Cordoba.
Wednesday, March 31st 2010 - 04:03 UTC
Analysts doubt Argentina can sell global bonds at one digit interest rate

Argentina’s accelerating inflation and deteriorating finances will undermine President Cristina Fernandez de Kirchner’s goal of selling global bonds with an interest rate below 10%, said Silvia Marengo who helps manage 500 million USD of debt at Falcon Private Bank in Zurich in a report compiled by Bloomberg.
Wednesday, March 31st 2010 - 04:01 UTC
Two more Cuban dissidents on hunger strike; EU-Havana talks postponed

Two dissidents, one of them behind bars, have joined Guillermo Fariñas in a hunger strike, the unofficial Cuban Commission on Human Rights and National Reconciliation said Tuesday.
Wednesday, March 31st 2010 - 02:30 UTC
Mercosur is Uruguay’s main market for value-added exports, says Mujica

Uruguayan president Jose “Pepe” Mujica admitted Mercosur has its problems but it is also the market for Uruguayan exports with most added value: “to the rest of the world we sell mostly commodities, to Mercosur Uruguayan input”.
Wednesday, March 31st 2010 - 02:25 UTC
Argentina begins next week to pay debts with Central Bank reserves

Following an Argentine federal court ruling approving the use of Central Bank reserves for the payment of foreign debt the administration of President Cristina Fernandez de Kirchner will begin transactions next week using the liberated funds.
Wednesday, March 31st 2010 - 02:21 UTC
NZ dairy company in Uruguay sells land to pay debts, but plans to remain

New Zealand Farming Systems Uruguay, listed in the NZ stock exchange, has sold 2,500 hectares of land on its Tobay farm in eastern Uruguay for 8.5 million US dollars in a move that will allow it to repay nearly half an outstanding debt to shareholder PGG Wrightson.
Wednesday, March 31st 2010 - 02:15 UTC
Bolivia denies modernizing the Army “to provoke” neighbouring Paraguay

Bolivian president Evo Morales strongly denied Tuesday that furnishing new equipment to the Armed Forces was directed to provoke neighbouring Paraguay and accused his opponents to take advantage of the situation to confront the two countries.