Stories for August 26th 2011

Friday, August 26th 2011 - 16:56 UTC
Argentina blocks sale of Paraguayan power to Uruguay

“Argentina wants to charge 49 dollars per KW of power transferred from Paraguay to Uruguay, which is five times what it charges Brazil” claims Paraguayan Vice President Federico Franco who described the pretension as “inadmissible and preposterous”.
Friday, August 26th 2011 - 15:56 UTC
Bernanke defers announcement; sends US Congress strong message on fiscal deficit

The chairman of the Federal Reserve, Ben Bernanke, has signalled that the US central bank will not take any immediate action to boost growth. In a keenly anticipated speech, Mr Bernanke simply said the Fed had a “range of tools that could be used to provide additional monetary stimulus”.
Friday, August 26th 2011 - 15:53 UTC
Boy 14 shot in the chest, becomes first death in months of social unrest in Chile

Chilean teenager died early Friday, a day after being shot in the chest during massive protests in the capital Santiago against President Sebastian Piñera, police said, the first fatality in months of social unrest.
Friday, August 26th 2011 - 13:29 UTC
Five new ships for the coming cruise season in the Falkland Islands

Five ships will make their inaugural visits to the Falklands during the coming cruise ship season, reports the Penguin News.The luxurious Seabourn Sojourn (450 passenger capacity) will be among these, along with Island Sky (118 pax) mega yacht L’Austral (264 pax) MS Artania (1200 pax) and Adonia (710 pax).
Friday, August 26th 2011 - 13:01 UTC
Lager beer yeast arrived in Europe from Patagonia 500 years ago

The mystery behind the birth of lager beer has been solved. Scientists have successfully traced the origin of the popular alcoholic beverage to a type of yeast, believed to have travelled 11,000 kilometres from Patagonia, (Argentina) to Bavaria 500 years ago.
Friday, August 26th 2011 - 04:28 UTC
Tens of thousands in the streets confirm support for Chile’s two-day strike

Tens of thousands of Chileans marched peacefully on Thursday demanding profound changes to the country's heavily centralized and privatized form of government, though there were also clashes between small groups and the police. More than 450 people were arrested and dozens injured, including 26 Carabineros.
Friday, August 26th 2011 - 04:13 UTC
Argentine Claims on the South Atlantic Remote Islands

Argentina’s claim to the Falkland Islands is well documented, but lesser known is her continued claim to South Georgia and the South Sandwich Islands.
Friday, August 26th 2011 - 04:09 UTC
Argentina blasts Moody’s for questioning soundness of the banking system

Argentina’s Central Bank’s Governor (BCRA) Mercedes Marcó del Pont said on Thursday that the Argentine banking system “is in its best historical levels of liquidity, solvency and default rates” referring to an earlier report from Moody’s rating agency.
Friday, August 26th 2011 - 03:43 UTC
Ten Malvinas war Rio Gallegos veterans plan to visit Falklands next October

Ten Malvinas war veterans from Rio Gallegos are scheduled to visit the Falkland Islands next October 8, according to a report from “Tiempo Digital Sur” a digital newspaper from the capital of the Patagonian province of Santa Cruz.
Friday, August 26th 2011 - 03:41 UTC
US weekly jobless claims up; fears of slowdown conditions labour market

Initial US weekly jobless claims surged to 417,000 last week, dimming hopes of an imminent recovery in the jobs market, the US Labour Department said Thursday.