Stories for March 2011

Saturday, March 5th 2011 - 05:29 UTC
Carnival hangover could bring capital ‘quarantine’ for speculative inflows

The Brazilian government is considering additional foreign exchange measures to contain the rapid appreciation of the Real, a source inside the Finance Ministry told the Sao Paulo Estado news agency Friday.
Saturday, March 5th 2011 - 05:20 UTC
Unexpected slowdown of Brazilian inflation during February: 0.8%

Retail prices in Brazil, as measured by the benchmark IPCA index, rose 0.8% in February, down from 0.83% January, the national statistics agency said in a report distributed in Rio de Janeiro Friday.
Saturday, March 5th 2011 - 05:07 UTC
Nobel Prize Vargas Llosa calls for legalizing drugs to avoid the Mexican experience

Nobel Prize winner in Literature Mario Vargas Llosa said that countries across Latin America will eventually suffer the same type of organized crime-related mayhem currently battering Mexico unless a decision is made to legalize drugs.
Saturday, March 5th 2011 - 03:29 UTC
USDA downplays upbeat forecasts of Argentine soybean harvest

US Department of Agriculture attaches in Buenos Aires have warned against upbeat forecasts for Argentina's soybean harvest, saying many farms missed out on crop-reviving rainfall.
Saturday, March 5th 2011 - 03:24 UTC
Argentina’s car production up 5% and exports 8% during February

Argentina's automotive industry made fewer cars in February than it did the previous month but output was up from the same month a year ago.
Saturday, March 5th 2011 - 01:48 UTC
Sales, Especially by Russia and China, Continue to Penetrate Latin America

Russian military sales have become so frequent in recent years that they no longer make for major headlines. However, as Washington policymakers continue to voice concern about Iran’s growing influence in Latin America, some alarmists argue that Russia’s eagerness to supply the region with weapons is likely to trigger a “soft arms race” and present itself as a threat to the United State’s historic hegemony in the Western Hemisphere.
Friday, March 4th 2011 - 23:04 UTC
Argentina waging a ‘vicious war’ against the Falkland Islands

Falkland Islands Legislative Assembly member Bill Luxton aimed a fierce broadside against Argentine government propaganda and pressure on the Falklands. He was supported by several colleagues from the Legislative Assembly.
Friday, March 4th 2011 - 22:55 UTC
Socialist candidate, if elected, promises improved relations and dialogue with Gibraltar

Spain’s ruling Socialist (PSOE) coalition candidate for mayor in La Linea, neighbouring with Gibraltar, promised to rebuild relations with the British Overseas Territory if she wins the forthcoming municipal election.
Friday, March 4th 2011 - 22:29 UTC
Argentina pays international debts with Central bank ‘free and available’ reserves

Argentina's federal government on Friday said it will pay 2.17 billion US dollars owed to international financial organizations this year with central bank reserves and funds held in the treasury.
Friday, March 4th 2011 - 22:23 UTC
Argentina fish landings decline by 30% in first two months of 2011

Argentine fish landings during the first two months of 2011 have dropped 30.4% compared to a year ago totalling 50.749 tons against 72.819 in 2010. Of the total volume, 40.632 tons were fisheries, 5.995 tons, molluscs and 4.121 tons crustaceans, according to the country’s Under Secretariat for Fisheries and Aquaculture.