MercoPress. South Atlantic News Agency
Stories for May 22nd 2012
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Tuesday, May 22nd 2012 - 06:00 UTC
Argentine frozen chips retained in the border because of trade dispute with Brazil
Canada’s Mc Cain has suspended production of frozen chip potatoes in Argentina because of the trade barriers which impede exports to Brazil in the framework of a bilateral dispute that is limiting the flow of goods both ways.
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Tuesday, May 22nd 2012 - 05:56 UTC
UK company begins hydrocarbons prospecting in the Paraguayan Chaco
Amerisur Resources Plc, the oil and gas producer and explorer announced on Monday it has received a Prospecting Permit by Paraguay’s Ministry of Public Works and Communications for the Espartillar block in the Paraguayan Chaco.
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Tuesday, May 22nd 2012 - 05:52 UTC
Price of oil picks up after China announces it will bolster economic growth
The price of oil rose for the first time in seven days in New York after China pledged to boost the nation’s economy and Goldman Sachs Group Inc. said the balance between supply and demand of crude is tightening.
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Tuesday, May 22nd 2012 - 03:47 UTC
Argentina’s 12-month inflation expectations remain steady above 30%, says UTDT
Argentina's 12-month inflation expectations held steady for a third straight month at over 30% in May, according to the median estimate in a survey published by the Torcuato Di Tella University.
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Tuesday, May 22nd 2012 - 03:22 UTC
Brazil announces measures to boost sales of vehicles and stimulate growth
Brazil lowered taxes on consumer borrowing and created incentives for banks to boost vehicle lending as policy makers struggle to revive economic growth in the Latin America’s largest market.
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Tuesday, May 22nd 2012 - 03:11 UTC
Banker launches another challenging controversial book with Germany as the “Euro-zone hostage”
Former German central banker Thilo Sarrazin, whose musings on Muslim immigrants sparked outrage in 2010 has triggered fresh controversy with a book that paints Germany as the Euro zone's hostage, forced to pay out vast sums to atone for the Holocaust.
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Tuesday, May 22nd 2012 - 03:07 UTC
German oil company ignores YPF seizure and keeps expanding activities in Argentina
Germany's Wintershall, the oil and gas arm of chemicals group BASF, said on Monday it was unperturbed by the enforced nationalisation of Argentine oil company YPF, having just been awarded another oil and gas licence there.
