Stories for May 2011

Thursday, May 19th 2011 - 10:33 UTC
America’s glossed decade

By Andres Velasco, Former Finance Minister of Chile.
The Inter-American Development Bank declared last July that this would be “Latin America’s Decade.” A couple of months later, The Economist endorsed that idea, which has since been repeated by countless apologists and experts.
Thursday, May 19th 2011 - 07:46 UTC
Eurolat lawmakers call for freedom in Cuba and fair elections in Venezuela

Lawmakers from the European Union and Latin America meeting in Uruguay approved two resolutions on the lack of freedoms in Cuba and on the coming electoral process in Venezuela.
Thursday, May 19th 2011 - 07:36 UTC
Strauss-Kahn resigns from IMF; defence lawyer presents new plea for bail

International Monetary Fund chief Dominique Strauss-Kahn has resigned following allegations he sexually assaulted a hotel maid in New York. In a statement, Mr Strauss-Kahn, 62, said he had already informed the executive board of his intention to step down “with immediate effect”.
Thursday, May 19th 2011 - 07:30 UTC
Uruguay makes presentation in Seoul to attract Korean investors

Uruguay’s sound economic and stable political environment were underlined by the country’s Deputy Minister for Public Works and Transport during a high level business forum to attract investors to Latin American which was held in the capital of South Korea, Seoul.
Thursday, May 19th 2011 - 07:24 UTC
Unasur defence council working on methodology to compare military expenditure

The Union of South American Nations, Unasur, defence ministers sponsored in Peru a declaration confirming the region as a “peace zone” and agreed to continue advancing in developing a “common methodology” to compare defence expenditure among member countries.
Thursday, May 19th 2011 - 07:16 UTC
Brazil’s purchase of 36 fighter jets will be made in 2012 says Rousseff

Brazilian President Dilma Rousseff revealed this week that the purchase of 36 fighter jets for the country's Air Force and involving billions of dollars but which has been postponed for years will be made in 2012.
Thursday, May 19th 2011 - 07:13 UTC
Brazil’s top industry organization head calls Argentine minister “cry-baby”

While Argentine and Brazilian officials are involved in a ‘constructive dialogue’ to overcome trade disputes the head of the powerful Sao Paulo Federation of Industries, FIESP, Paulo Skaf said that Argentine Industry minister Debora Giorgi tends to “over-cry” the restrictions imposed on car imports to Brazil.
Thursday, May 19th 2011 - 07:08 UTC
Argentine Jewish community wins an injunction against Google

The umbrella organization of Argentina's Jewish community, DAIA, has won an injunction against Google, preventing the world's most popular search engine from “suggesting” anti-Semitic and racist websites to its users.
Thursday, May 19th 2011 - 07:05 UTC
Mercedes Benz faces US lawsuit for alleged collaboration with Argentine military Junta

Germany’s Daimler AG must face a U.S. lawsuit alleging its Argentine Mercedes-Benz unit collaborated with state security forces to kill and torture workers during the so- called Dirty War 35 years ago, an appeals court ruled.
Thursday, May 19th 2011 - 06:54 UTC
Small commercial plane crashes in Patagonia killing all 22 on board

A small commercial plane crashed in an isolated part of Patagonia in southern Argentina late on Wednesday, killing all 22 people on board, officials said.