Stories for May 2012

Tuesday, May 8th 2012 - 16:53 UTC
Chile’s inflation slowed to its lowest level in seven months in April

Chile's consumer price inflation slowed to the lowest level in seven months in April, data released by the National Institute of Statistics showed on Tuesday.
Tuesday, May 8th 2012 - 06:27 UTC
Peru and Colombian presidents busy looking for trade and investments in Asia

Two South American presidents accompanied by several ministers and business delegations will be spending this week in Asia promoting trade and investment and looking to consolidate links with the world’s second largest economy and the fastest growing continent.
Tuesday, May 8th 2012 - 06:25 UTC
Falklands’ trade mission in Aberdeen for investments and know-how to develop its oil industry

The largest trade mission to visit Britain from the Falkland Islands for almost 20 years will arrive in Aberdeen on Tuesday to explore the opportunities arising from the Islands’ fledgling oil and gas industry, reports The Scotsman.
Tuesday, May 8th 2012 - 06:23 UTC
Galuccio wants YPF as the leading company in rejuvenation of marginal fields

Argentina’s nationalized oil and gas corporation YPF newly appointed General Manager Miguel Galuccio hosted on Monday his first official meeting addressing an auditorium of 200 workers at the Comodoro Rivadavia plant where he announced that the strategic plan of the company will be ready in the next 100 days.
Tuesday, May 8th 2012 - 06:21 UTC
Banks will wait for YPF to name new board of directors before taking action

The banks that helped Argentina's Petersen Group buy a stake in energy company YPF will give the group extra time to make a loan payment due this month, according to sources involved in the negotiations.
Tuesday, May 8th 2012 - 06:19 UTC
Spain expected to announce strong support for the ailing banking system

Spain's prime minister says the government will likely present this week new measures to help banks, a key source of worry over whether the country might need a financial bailout.
Tuesday, May 8th 2012 - 06:18 UTC
US launches aggressive campaign to recover lost tourist trade following 9/11 attacks

Residents of Japan, Canada and the United Kingdom are getting a taste of the United States' first-ever marketing campaign aimed at boosting tourism. The print, web and video ads released last week were created by Brand USA, a partnership of government agencies and private companies.
Tuesday, May 8th 2012 - 02:39 UTC
Olympic/Malvinas ad: “creativity can’t be censored, it must be applauded”, says CFK

President Cristina Fernández said in relation to the controversial Olympic/Malvinas advert that “creativity can’t be censored”, on the contrary it should be “applauded” because it reflects the feelings of the Argentines. The head of state also rejected lifting the spot as demanded by Britain and the Y&R agency in New York.
Tuesday, May 8th 2012 - 02:17 UTC
Portsmouth and Sheffield hold services to mark the 30th anniversary of the Falklands conflict

Hundreds of veterans and members of the public gathered on Sunday in Portsmouth and Sheffield to mark the 30 years since the Falkland Islands conflict.
Tuesday, May 8th 2012 - 02:06 UTC
Mercosur “needs to be reborn” with an honest integration spirit, says Cardoso

Brazilian former president Fernando Henrique Cardoso said that Mercosur “needs to be reborn but with a real integration spirit among its members” leaving behind such ambitions as the mirror of the European Union.