Stories for 2011

Monday, June 20th 2011 - 05:43 UTC
Chilean government sells water utility stock raises 984 million USD

The Chilean Economic Development Agency (CORFO) raised US$984 million last week by selling its 29.98% stake in the country’s main water utility, Aguas Andinas SA.
Monday, June 20th 2011 - 05:37 UTC
Chilean volcanic ash cloud affects flights in South Africa

The ash cloud from the Chilean Volcano Puyehue-Cordón Caulle in eruption since June 4 has reached Cape Town airspace affecting flights in and out of Cape Town International Airport.
Monday, June 20th 2011 - 02:41 UTC
CFK has until Friday to launch re-election bid and disclose name of ticket partner

Argentine president Cristina Fernandez de Kirchner is expected to announce this week her re-election bid and her running mate while public opinion polls indicate CFK could easily win in the first round of the presidential election, October 23.
Monday, June 20th 2011 - 01:27 UTC
Uruguayan exporters and government officials clash over costs and the US dollar

Uruguayan exporters and government officials clashed over the (depressed) value of the US dollar in the local market and its impact on overseas sales competitiveness and profits. The differences surfaced during the celebration of “Exporters Day”.
Monday, June 20th 2011 - 00:02 UTC
Controversy in Brazil over the release of ‘sensitive’ documents from imperial past

Members of the Brazilian government have expressed concern about the possible release of secret documents dating back to 1864/70 Paraguay war, the taking over of the state of Acre from Bolivia in 1903, current military exercises along the Brazilian border, nuclear research, among other issues.
Sunday, June 19th 2011 - 23:10 UTC
Clarin family yields to growing pressure from Argentine government

The adopted children of the influential Argentine media conglomerate ‘Clarin’ have agreed to have their blood drawn for DNA analysis. Blood samples from siblings Marcela and Felipe Noble Herrera will be checked at Argentina’s National Genetic Data Bank (BNDG).
Sunday, June 19th 2011 - 22:52 UTC
Cruise vessels would be allowed to operate casinos while docked in Gibraltar

Senior cruise executives from across the globe showed “considerable interest” in plans to permit gambling on cruise ships docked overnight in Gibraltar.
Sunday, June 19th 2011 - 22:46 UTC
Greece and Spain react to the Euro-pact of painful economic reforms

As the Euro crisis debt crisis expands, Greek Prime Minister George Papandreou appealed to parliament to support a new cabinet appointed to push through painful economic reforms, saying a debt default would be catastrophic for the country and the European Union.
Sunday, June 19th 2011 - 22:37 UTC
Argentine Coast Guard seizes 444 kilos of cocaine en route to Uruguay sea resort

Argentina’s Coast Guard reported that a total of 444 kilos of cocaine were seized on Saturday, after being found on a sailing boat manned by a Spanish crew, close to the main port of the Olivos. The vessel was heading for Piriápolis, in neighbouring Uruguay.
Sunday, June 19th 2011 - 10:13 UTC
Uruguay private consumption expanding several points higher than GDP

The Uruguayan economy expanded 2.3% in January-March over the previous quarter, which has elevated forecasts for the twelve months of 2011 to a floor of 6.5%. However the Uruguayan government is concerned that consumption again expanded at a higher rate than GDP.