Stories for June 2012

Tuesday, June 5th 2012 - 08:07 UTC
Chile tells Morales “it will not yield sovereignty over any piece of territory”

The Chilean Executive secretary general Andres Chadwick gave full support on Monday to Foreign Affairs minister Alfredo Moreno decision of not attending the Sunday session at the OAS General Assembly in Cochabamba where Bolivian president Evo Morales called for a sovereign sea outlet for his land-locked country.
Tuesday, June 5th 2012 - 08:02 UTC
Argentina in Bolivia after strong OAS declaration in support for Falklands’ claim

Argentina’s Foreign Affairs minister Hector Timerman has a challenging and fragile mission in Bolivia: to obtain strong support from the OAS general assembly for Argentina’s claim over the Falklands/Malvinas’ sovereignty ahead of the UN decolonization meeting in New York which President Cristina Fernandez has promised to attend.
Tuesday, June 5th 2012 - 07:58 UTC
New car sales balloon and housing market stalls with Argentina’s “clamped dollar”

Trading in the Argentine money exchange market on Monday was relatively calm with very few operations in the so called ‘blue’ or ‘parallel’ dollar but with none of the expectations announced by members from President Cristina Fernandez administration.
Tuesday, June 5th 2012 - 07:55 UTC
UK support for ‘threatened’ oil companies and Falklands’ right to develop its own hydrocarbons industry

The United Kingdom gave its full support to the companies involved in oil and gas exploration in Falkland Islands waters, following Argentina’s announcement on Monday it was beginning legal actions against five companies committed to “illegal” and “clandestine” exploration activities in the disputed Malvinas waters.
Tuesday, June 5th 2012 - 07:46 UTC
Canada and US closely monitoring Uruguay’s flag air carrier in the brink of default

The governments of Canada and the US are “concerned” and “closely following” events in Uruguay’s flag air carrier Pluna since banks and an investment fund from the two countries are heavily involved in the running of the money-loosing company is spite of repeated financial support from the Uruguayan government.
Tuesday, June 5th 2012 - 03:04 UTC
Major Canadian uranium mining company leaves Argentina fearful of populist policies

Another Canadian miner has pulled back from investing in Argentina fearful of the latest moves from a growingly populist government and not so clear rules for the mining industry.
Tuesday, June 5th 2012 - 03:01 UTC
Argentine concludes takeover of YPF naming new board and confirming CEO

Argentina's government concluded the takeover of the country’s largest oil and gas company on Monday by naming a new chief executive and directors, even when YPF former owner - Spain's Repsol, kept one seat on the board.
Tuesday, June 5th 2012 - 02:54 UTC
China attempting to beat deepest manned submersible dive record (7.000 metres)

An oceanographic ship carrying China's manned deep-sea submersible, Jiaolong, left the eastern port city of Jiangyin on June 3 for the Mariana Trench to attempt the world's deepest manned submersible dive.
Monday, June 4th 2012 - 22:38 UTC
Bright side of the Puyehue eruption: volcanic ash bricks and natural insecticides

Argentine scientists developed bricks and are analyzing the possibility of making natural insecticides with the ashes from the Chilean Puyehue volcano eruption which this month a year ago covered several cities in Patagonia and caused millions of dollars losses, sources of the University that coordinates the studies announced.
Monday, June 4th 2012 - 22:30 UTC
Argentina accepts consultation with EU on trade restrictions and also drags Falklands’ to the dispute

Argentina announced on Monday it had accepted the request from the European Union for a round of consultations, before the World Trade Organization, on the country’s controversial trade policies, but at the same time rejected all and every one of the questioned points and dragged the Falklands’ dispute into the fray.