Argentina’s Secretary General of the CGT Labour Confederation, Hugo Moyano, denied all rumours indicating his imminent departure from the CGT and attributed them to “a destabilizing media operation”. He added he was preparing to defend “workers’ minimum wage”.
Uruguay is facing its smallest clip in over a hundred years and the 2011/2012 season’s wool production is estimated to be limited to 32 million kilos according to Joaquin Martinicorena, president of the Uruguay’s Wool Secretariat, SUL.
Argentine president Cristina Fernandez de Kirchner is the second most powerful Latinamerican woman in the world according to a ranking released by Forbes.
Uruguay’s textile industry is short of wool and could be forced to import up to 20 million kilos, revealed Uruguayan Wool Secretariat (SUL) CEO Gabriel Capurro during the opening of an ovine industry seminar, organized by the country’s Corriedale breeders association.
Brazilian meat giant JBS S.A. has announced that BNDES (Brazilian Development Bank) converted a large amount of JBS debt into equity, boosting the bank’s shareholdings in the company to 30.4% from 17% previously.