MercoPress. South Atlantic News Agency
Stories for June 6th 2012
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Wednesday, June 6th 2012 - 06:30 UTC
Consumer lending bank seized by Brazil’s Central bank for ‘serious financial violations’
Brazil’s easy money policies have squeezed yet another of its banking weaklings. The country’s central bank seized consumer lender Banco Cruzeiro do Sul on Monday for “serious” financial violations. The episode serves as another example of a bank losing its way in Brazil’s lending frenzy
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Wednesday, June 6th 2012 - 06:27 UTC
Uruguay planning to expand nascent sovereign debt market to improve liquidity
Uruguay wants to expand its nascent local sovereign debt market to improve the liquidity of its securities, said Azucena Arbeleche, the head of the country’s debt management unit at the Ministry of Economy and Finance.
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Wednesday, June 6th 2012 - 04:41 UTC
OAS calls on Argentina/UK to find peaceful way to solve Malvinas sovereignty dispute
The Organization of American States general assembly, meeting in Tiquipaya, Bolivia, passed a resolution urging the Argentine and British governments to find a peaceful way to solve the Malvinas Islands sovereignty dispute.
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Wednesday, June 6th 2012 - 04:37 UTC
Queen touched deeply by so many people celebrating together her Diamond Jubilee
The Queen has called her Diamond Jubilee “a humbling experience”, saying she had been “touched deeply” by seeing so many people celebrating together. In a message to the British nation, she thanked all those who organised the events.
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Wednesday, June 6th 2012 - 04:28 UTC
YPF unveils plan to invest 35bn dollars in five years with he help from partners
Argentina's state-controlled energy company YPF will need to invest 35 billion dollars to boost falling natural gas and oil output by more than a quarter by 2017, the new chief executive said on Tuesday in Buenos Aires.
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Wednesday, June 6th 2012 - 02:05 UTC
UK at OAS assembly in Bolivia ratifies the Falklands’ people self determination
The UK ratified on Tuesday the Falkland Islands people’s self determination following a resolution from the OAS general assembly taking place in Bolivia calling on the two sides (Argentina and UK) to resume dialogue on the sovereignty of the Islands which are claimed by Argentina.
