Stories for 2011

Thursday, March 3rd 2011 - 06:06 UTC
Vargas Llosa is “an enemy of Argentina and all populist governments”

In spite of President Cristina Fernandez instructions to scale down the controversy over the attendance of Literature Nobel Prize winner Mario Vargas Llosa to Buenos for the opening of the Book Fair, the exchanges continued Wednesday.
Thursday, March 3rd 2011 - 05:55 UTC
Argentine has ‘liberated’ 75% of retained import licences says Uruguayan minister

Uruguay’s cabinet meeting spokesperson confirmed Wednesday that Argentina had “liberated” 75% of the import licences that remained delayed and which was one of the main points of the agenda in the recent summit between Uruguayan president Jose Mujica and Argentina’s Cristina Fernandez de Kirchner.
Thursday, March 3rd 2011 - 05:46 UTC
IMF chief praises Uruguay, cautions good times are not for ever

IMF Managing Director Dominique Strauss-Khan praised the management and achievements of the Uruguayan economy and said it was a pleasure to visit a country that does not have major problems resulting from the 2008 global financial crisis, which is a “recurrent issue” of his busy agenda.
Thursday, March 3rd 2011 - 05:30 UTC
Velux 5 Oceans in Punta del Este; Van Liew with Le Pingouin wins third consecutive leg

The US skipper Brad Van Liew won his third consecutive leg in the Velux 5 Oceans race on Tuesday evening pulling into Punta del Este, Uruguay, eight days after rounding Cape Horn in his 60-foot Eco 60 Le Pingouin..
Thursday, March 3rd 2011 - 05:23 UTC
Argentine/Chinese corporation buys Exxon downstream assets in Mercosur

Pan American Energy has agreed to buy an oil refinery and more than 700 service stations in Argentina, Paraguay and Uruguay from Exxon Mobil Corp for which it will be paying an estimated 850 million US dollars.
Thursday, March 3rd 2011 - 05:18 UTC
US inflation ‘under control’; jobs insufficient to absorb new graduates, says Bernanke

The recent hike in oil prices will likely cause a “temporary and relatively modest increase in U.S. consumer price inflation,” but sustained increases could pose a more serious threat to the economy, Federal Reserve Chairman Ben Bernanke said earlier this week.
Wednesday, March 2nd 2011 - 17:44 UTC
New Irish government gauges ‘potential damage’ of Mercosur/EU trade talks

Mercosur negotiations and Ireland’s share of the EU agriculture spending are seen as the main challenging demands for the new Agriculture minister of the Fine Gael-Labour coalition government in Dublin.
Wednesday, March 2nd 2011 - 17:36 UTC
Unemployment up in Spain: 4.3 million registered as out of a job

The number of people out of a job Spain, which has the highest unemployment rate in the industrialized world, rose further in February reaching a 15 year high, the Labour ministry said Wednesday.
Wednesday, March 2nd 2011 - 17:33 UTC
World’s richest man opens impressive museum (66.000 pieces) in Mexico City

The reputed world's richest man Carlos Slim inaugurated a massive museum in Mexico City on Tuesday to house his eclectic collection of art ranging from pre-Hispanic pieces to sculptures by French masters.
Wednesday, March 2nd 2011 - 17:24 UTC
EU competition regulators raid companies selling digital books

European Union's competition regulators carried out unannounced inspections into various companies that sell digital books on Tuesday on suspicion of operating a cartel and engaging in other banned business practices.