Stories for September 6th 2011

Tuesday, September 6th 2011 - 06:31 UTC
A China/Mercosur trade agreement would be “something extraordinary”

A free trade agreement, (FTA), between China and Mercosur could be “something extraordinary”, said Argentine Foreign Affairs minister Hector Timerman who next Thursday begins a political and business mission in Beijing.
Tuesday, September 6th 2011 - 06:28 UTC
European markets plunge on renewed Euro fears and lack of confidence

World shares fell Tuesday morning and the Euro came under pressure following a huge sell-off in Europe as renewed Euro zone debt woes added to already weak confidence in the global economy.
Tuesday, September 6th 2011 - 06:24 UTC
Colombia’s largest retailer launches stock sale to fund expansion in Uruguay

Colombia's largest retailer Almacenes Exito SA launched a 2.5 trillion peso (1.4 billion dollars) stock sale for local and foreign investors Monday, the proceeds of which will be used to expand into Uruguay and elsewhere.
Tuesday, September 6th 2011 - 06:21 UTC
Latam stocks down; the Real slides to 1.65 dollars

Latin American stocks fell on Monday as fears of a recession in Europe and the United States mixed with anxiety about the health of global banks to drive indexes below support levels, suggesting more losses.
Tuesday, September 6th 2011 - 06:17 UTC
Another record month for car production and sales in Argentina

Argentine car makers set a new record for production in August, cranking out 84,655 vehicles amid brisk economic growth, an ongoing consumption boom and soaring exports to Brazil.
Tuesday, September 6th 2011 - 03:05 UTC
Argentina’s future closely knit as supplier to China’s growing middle class

The growing Chinese middle class which could reach 500 million people by 2025 will be the great locomotive for commodities demand in the coming decades benefiting countries such as Argentina according to an Asian affairs and trade expert.
Tuesday, September 6th 2011 - 02:55 UTC
Argentine farmers’ leader apologizes for offensive remarks against CFK voters

The head of Argentina’s powerful Rural Society Hugo Biolcati rectified his previous controversial statements towards the 50% of the population that chose to vote for President Cristina Fernández de Kirchner, CFK, during the August 14 primary elections.
Tuesday, September 6th 2011 - 00:49 UTC
World safer than in aftermath of 9/11, say EU and NATO officials

The world is safer today than in the aftermath of the September 11 attacks on the United States, with global terror groups weaker than 10 years ago, senior EU and NATO officials said Monday.
Tuesday, September 6th 2011 - 00:41 UTC
Meeting in Buenos Aires to “recondition Argentine missiles” with Brazilian technology

Brazil’s Minister of Defence Celso Amorim is in Buenos Aires for several scheduled meetings this week with his Argentine counterpart Arturo Puricelli and to establish closer ties in defence issues in the framework of Unasur (Union of South American nations).
Tuesday, September 6th 2011 - 00:36 UTC
Central Bank urges EU members to press ahead with financial reforms

The current and incoming head of the European Central Bank demanded that European governments quickly implement a strengthening of a regional bailout fund and press ahead with wider reforms.