Stories for August 2011

Monday, August 22nd 2011 - 07:10 UTC
Venezuela has requested 99 tons of gold holdings from the Bank of England

Venezuela’s central bank has requested its 99 tons of gold holdings from the Bank of England, according to a bank statement sent by e-mail, citing the institution’s president Nelson Merentes.
Monday, August 22nd 2011 - 07:08 UTC
Main suspect in murder of French tourists admits being at the scene of the crime

One the men arrested for the July murder of two French tourists in Argentina's Salta province has confessed he was at the scene of the crime, his lawyer said Saturday.
Monday, August 22nd 2011 - 07:01 UTC
Argentina needs ‘no contingency or emergency plan’ to face the crises

Economy Minister Amado Boudou rejected the possibility that Argentina launches a brusque devaluation of its currency to make exports more competitive and insisted Argentina needs no emergency or contingency plan to face the challenge of the current crisis in the developed economies.
Monday, August 22nd 2011 - 06:55 UTC
Uruguay and Colombia have best ‘business climate’ in Latin America

Business climate remained stable in Latin America during the second quarter of the year in spite of signs of the incipient global financial crisis, according to the Brazilian Foundation and think-tank Getulio Vargas. Uruguay and Colombia led the pack of the most pro-business countries in the region.
Monday, August 22nd 2011 - 06:51 UTC
Tripoli crowds cheer Libyan rebels as they take the city; pockets of resistance

A convoy of Libyan rebels rolled early Monday morning into central Tripoli past celebrating crowds after a day of heavy fighting in and around the capital. Crowds on Green Square cheered them, waving flags and firing salutes.
Saturday, August 20th 2011 - 06:52 UTC
Latam markets follow world trend but fall less than the US and EU

Latin American stocks fell on Friday as deepening fears of a US recession and a wider financial crisis that could result from Europe's debt troubles kept investors cautious.
Saturday, August 20th 2011 - 06:48 UTC
Argentina’s organized labour has also been rattled by CFK’s Sunday landslide

Last Sunday’s landslide victory of Argentine president Cristina Fernandez not only showed her domain of the political stage but also weakened some of her ‘inevitable’ allies that challenge her authority: such is the case of the powerful CGT organized labour leader Hugo Moyano.
Saturday, August 20th 2011 - 06:45 UTC
Argentine industry says ‘inflation’ is main issue to address by next government

Argentina’s powerful Industrial Union (UIA) warned that if President Cristina Fernandez de Kirchner is re-elected next October one of the top issues of her agenda will be taking action in order to control “a concerning inflation”.
Saturday, August 20th 2011 - 06:43 UTC
Peru halts coca plants eradication and works to redesign new anti-drugs program

Peru has temporarily halted the eradication of coca plants used to make cocaine as it works to redesign its anti-drug programs, the country's interior ministry announced this week.
Saturday, August 20th 2011 - 06:37 UTC
Feisty Uruguay wins respect from neighbours and investors

The following feature piece from Reuters written by Hillary Burke and Malena Castaldi gives an idea of Uruguay’s international standing.