MercoPress. South Atlantic News Agency
Stories for May 18th 2012
-
Friday, May 18th 2012 - 04:12 UTC
YPF second shareholder misses 400 million dollars payment to creditor banks
Argentina's Petersen Group missed a 400 million dollars payment to creditor banks on Wednesday, which could allow them to seize the shares of oil company YPF backing the loan.
-
Friday, May 18th 2012 - 04:10 UTC
Brazil’s Supreme Court confirms university quota system for Afro-descendents
Brazil’s Supreme Court voted unanimously to permit a quota system that would favour Afro-descendants in entering universities, ending an eight-year legal battle.
-
Friday, May 18th 2012 - 03:58 UTC
Brazil passes bill to challenge embedded culture of secrecy and bureaucracy
A freedom of information law has taken effect in Brazil, challenging an embedded culture of secrecy and bureaucracy. Proponents, including President Dilma Rousseff, said the measure is nothing short of a revolution for a system that has kept tight control over information for decades.
-
Friday, May 18th 2012 - 03:07 UTC
Growing doubts about Uruguay’s goal of 1.2GW wind power by 2015
Uruguay’s ambition to have 1.2GW of wind power in operation by 2015 may have to be delayed for several years because logistical problems and tightening returns could make some projects unfeasible.
-
Friday, May 18th 2012 - 03:01 UTC
Argentine farmers blitz stops lawmakers vote on land tax increase
A last-minute lobbying blitz by farmers in Argentina's top grains-producing province stopped lawmakers from approving a tax increase that some growers said would force them to sell their fields.
