Stories for June 2011

Friday, June 3rd 2011 - 07:53 UTC
Korean group plans shipyard in south Brazil to cater “Malvinas” fishing fleet

The Korean fishing group Insung signed this week an letter of intent with a Brazilian consortium for the construction of a ship yard in the Rio Grande/Pelotas area , state of Rio Grande do Sul, which could cater to the Korean fishing vessels operating in the “Falklands/Malvinas” area.
Friday, June 3rd 2011 - 03:14 UTC
Keiko Fujimori with minimum lead over Humala in Peru presidential run-off

Conservative Keiko Fujimori is two percentage points ahead of nationalist Ollanta Humala in Peru’s presidential runoff next Sunday June 5, according to the latest opinion polls, but the difference is too tight to anticipate a clear winner.
Friday, June 3rd 2011 - 03:07 UTC
Chile, Peru and Colombia launch second largest regional stock market

Chile, Peru and Colombia formally combined operations of their stock markets on Monday to form the Latin American Integrated Market (Mercado Integrado Latinoamericano, or Mila).
Friday, June 3rd 2011 - 02:02 UTC
Argentina and Brazil agree on terms to unlock the bilateral trade conflict

Argentina and Brazil agreed Thursday to abide by the 60-day retention period applied to products affected by non automatic tariff trade barriers and accelerate trade in the agricultural sector with the purpose of overcoming the conflict that erupted mid May and had virtually frozen bilateral operations.
Friday, June 3rd 2011 - 01:56 UTC
Rousseff tries to overcome internal rift and launches plan to eliminate extreme poverty

Brazilian President Dilma Rousseff launched an ambitious plan to eliminate dire poverty in Brazil within four years by lifting more than 16 million people from conditions of “misery”.
Friday, June 3rd 2011 - 01:52 UTC
Chinese Vice-president arrives in Uruguay to sign 17 agreements

China’s Vice-president Xi Jinping and tipped as a leading candidate to succeed President Hu Jintao will be visiting Uruguay June 7 to 9 as part of a tour that includes Italy, Cuba and Chile.
Thursday, June 2nd 2011 - 09:44 UTC
Mexico’s oil company sues US firms for trading stolen gas condensates

Petroleos Mexicanos; Pemex, sued 11 US firms over claims they helped Mexican drug cartels smuggle and re-sell more than 300 million USD in natural gas liquids stolen from Mexico’s northern oilfields into the U.S.
Thursday, June 2nd 2011 - 09:36 UTC
Argentina’s second biggest soybean producer expands in Brazil; plans shares sale

Argentina’s second- biggest soybean producer Los Grobo, plans to transfer some assets to a new company and sell shares of the business in an initial public offering in Brazil.
Thursday, June 2nd 2011 - 09:29 UTC
New York sues Federal government on natural gas drilling in Delaware river basin

$Attorney General Eric Schneiderman says ‘fracking’ system could contaminate New Yorkers water source$

New York's attorney general is suing the federal government to compel a full environmental review of proposed regulations for natural gas drilling in the Delaware River Basin.
Thursday, June 2nd 2011 - 09:02 UTC
CFK invites Italian businesses to invest in Argentina; announces “new phase in relations”

Argentine president Cristina Fernandez de Kirchner invited Italian business-people to invest in Argentina underlining the close links between the two countries and the fact her visit was the re-launching of normal relations after a decade.