Stories for May 2012

Wednesday, May 9th 2012 - 07:50 UTC
Gold becomes Peru’s main export item in the first quarter of 2012

Peruvian gold sales totalled 2.57 billion dollars in the first quarter of this year, making the commodity the country’s top export, the National Mining, Petroleum and Energy Society, SNMPE, announced.
Wednesday, May 9th 2012 - 07:46 UTC
Sao Paulo and Santiago, most attractive cities in Latam for urban investment

Brazil’s Sao Paulo is the most attractive city for investments in Latin America followed by Santiago de Chile and Mexico City according to the latest results from a paper by Colombian and Chilean experts released on Tuesday in Bogotá.
Wednesday, May 9th 2012 - 07:39 UTC
Argentina slaps huge fine on Spanish mobile phone service

Argentina has fined Telefonica 43 million dollars for a mobile phone service interruption last month, which threatens to further exacerbate tensions between the two countries.
Wednesday, May 9th 2012 - 02:32 UTC
Malvinas/Olympic ad Argentine hockey player left out of Games warm-up in Malaysia

The Argentine hockey player filmed training on the Falkland Islands in a controversial video that caused a furor in Britain last week has been dropped from Argentina’s final Olympic Games warm-up event.
Tuesday, May 8th 2012 - 22:37 UTC
China buying oil from Iran using the Yuan, reveals Teheran ambassador in UAE

China is buying crude oil from Iran using its currency the Yuan, an Iranian diplomat has said. Oil transactions are usually settled in dollars but US sanctions make it difficult for Iran to accept payments in the US currency.
Tuesday, May 8th 2012 - 22:35 UTC
Costa Concordia French survivors reach settlement with the cruise company

The owner of the Costa Concordia cruise liner that ran aground off northwest Italy in January has paid more than two million Euros to French survivors in a settlement, their lawyer said Tuesday.
Tuesday, May 8th 2012 - 22:29 UTC
Costa cruise announces 7 new safety measures including mandatory safety drills

Costa Cruises announced the introduction of seven new safety measures over the weekend during a ceremony celebrating the delivery of the company's new 665 million dollars flagship.
Tuesday, May 8th 2012 - 17:46 UTC
Argentine Olympic Committee releases watered down statement on Malvinas spot

The Argentine Olympic Committee has responded for the first time to an advertisement on state-run TV that links a dispute with Britain about the Falklands/Malvinas Islands to the London Games.
Tuesday, May 8th 2012 - 17:17 UTC
Brazil’s Rousseff sees in Hollande an ally to counter Merkel’s austerity policies

Dilma Rousseff is interested in having French elected-president Francois Holland make an official visit to Brasilia to talk about the current world situation since the Brazilian leader believes they both share positions regarding the global crisis and austerity policies.
Tuesday, May 8th 2012 - 17:03 UTC
New records for Chilean president Piñera: approval 26%; disapproval 66%

Chilean President Sebastián Piñera has reached his lowest level of citizen approval since he came to office in 2010, according to the latest Adimark poll released on Monday.