Stories for February 2011

Friday, February 25th 2011 - 06:20 UTC
Record profits for world’s largest iron ore producer on China’s insatiable demand

Brazilian mining giant and the world’s largest iron- ore producer Vale SA said its fourth-quarter profit almost quadrupled, because of surging prices for the raw material used to make steel.
Friday, February 25th 2011 - 06:12 UTC
Uruguay’s leading fish processor reacts to abusive “media offensive”

Uruguay’s leading and largest fish processing company Fripur S.A. claimed in full page ads in Montevideo’s newspapers that it is the victim of a “strong media offensive” that “irresponsibly” questions the way in which it processes products that are sold both in Uruguay and overseas.
Friday, February 25th 2011 - 03:48 UTC
Spain ‘closely following’ fishing companies difficulties in port of Montevideo

The Spanish embassy is closely following the difficulties faced by Spanish fishing companies in the port of Montevideo, some of which have decided to stop operating in Uruguay.
Friday, February 25th 2011 - 01:52 UTC
Seven Latam countries on track to have credit ratings upgraded

Seven countries in Latin America are on track to have their ratings upgraded in the short term, as the region's credit cycle remains supported by healthy economic growth and greater policy stability, Fitch Ratings said on Thursday.
Friday, February 25th 2011 - 01:27 UTC
Chile/Ecuador proposal for a UNASUR Antarctic base

Chile and Ecuador will be proposing their peers of Unasur, (Union of South American Nations) the establishment of a scientific research base in Antarctica, according to Ecuador’s Foreign Affairs minister Ricardo Patiño.
Friday, February 25th 2011 - 01:04 UTC
India pledges greater economic cooperation and trade with Uruguay

India pledged on Thursday greater economic cooperation with Uruguay in sectors such as agriculture, pharmaceuticals, textiles, automobiles, machineries and IT. In 2009-10, bilateral trade stood at 64.3 million US dollars.
Friday, February 25th 2011 - 00:57 UTC
Argentine industry satisfied with first landings from the Illex squid season

The first Argentine jiggers returning to the port of Mar del Plata to land their catches are reporting good volumes of Illex Argentinus and are eager to return to sea, according to the Argentine fisheries news magazine Pescare.
Thursday, February 24th 2011 - 18:31 UTC
Falklands welcomes Chilean port fees decision

THE decision by Chile to reduce the costs of port access and docking operations was welcomed by the Falkland Islands Tourist Board today.
Thursday, February 24th 2011 - 16:51 UTC
Gadaffi on state TV by phone call blames Bin Laden for the protests

Libyan leader Col Muammar Gaddafi has told state TV that Osama Bin Laden and his followers are to blame for the protests wracking his country.
Thursday, February 24th 2011 - 16:44 UTC
British court agrees to extradite Wikileaks founder Assange to Sweden

A British court has agreed to extradite WikiLeaks founder Julian Assange to Sweden where he is accused of sex crimes, dismissing claims such a move would breach his human rights.