Stories for May 2012

Thursday, May 17th 2012 - 11:18 UTC
Colombia’s oil company overtakes Petrobras as Latam’s largest company in market value

Colombia’s national oil and gas corporation Ecopetrol has become Latin America's biggest company by market value, overtaking Brazil's mighty Petrobras.
Thursday, May 17th 2012 - 10:41 UTC
“Highly positive” cruise 2011/12 season for Uruguay with 213 vessel calls

As “highly positive” was described the 2011/12 cruise season by Uruguay’s Deputy Tourism minister Lilian Kechichian during the ceremony in the port of Montevideo to receive the last vessel of the season.
Thursday, May 17th 2012 - 10:35 UTC
Raul Castro daughter’s expected at US university for a lecture on sexology

President Raúl Castro's daughter is scheduled to visit California next week to speak at a conference of experts on Latin America during a rare US trip by a member of Cuba's ruling family.
Thursday, May 17th 2012 - 10:30 UTC
Thousands of students take to the streets of Santiago calling for a fairer and quality education

Tens of thousands of students demonstrated on the streets of Chile's capital Wednesday seeking an overhaul of what they call one of the world's priciest and most unfair educational systems.
Thursday, May 17th 2012 - 10:25 UTC
Uruguay prepares for a serious power shortage because of lack of rainfall

Uruguay’s state-owned power company UTE, is spending over seven million dollars per day to contain the deficit originated in poor rainfall that threatens production from the country’s four main hydroelectric generating plants.
Thursday, May 17th 2012 - 10:17 UTC
Argentina en route to become the “Greece of Latin America” claim Chilean exporters

Argentina could rapidly become the “Greece of Latin America” given the trade restrictions it has imposed born out of the lack of sufficient hard currency to face its international commitments, according to Chile’s Manufacturing and Services Exporters Association, Roberto Fantuzzi.
Thursday, May 17th 2012 - 03:54 UTC
UK decouples from European bailout agreement to protect the single currency

The UK will be exempt from a new European bailout agreement between Euro-zone countries according to a EU Treaty Amendment Bill introduced to the House of Lords this week by Foreign office minister Lord Howell.
Wednesday, May 16th 2012 - 22:19 UTC
Paraguay’s beef exports picking up after two outbreaks of FMD

Paraguay’s meat exports totalled 285 million dollars in the first four months of the year, which makes it the second best four-months for the industry in recent years, said German Ruiz, head of the country’s Rural Association.
Wednesday, May 16th 2012 - 22:15 UTC
Following electoral disaster, Merkel fires federal Environment minister

German Chancellor Angela Merkel fired Norbert Roettgen, the federal Environment minister who led her Christian Democratic Union to its worst-ever result in an election in Germany’s most populous state.
Wednesday, May 16th 2012 - 21:58 UTC
State-controlled YPF wants to keep its ADS listed in the New York exchange

Argentine state-controlled energy company YPF said it risks having its American Depositary Shares (ADS) de-listed by the New York Stock Exchange since it is not complying with all regulatory requirements.