Stories for August 2012

Monday, August 13th 2012 - 16:14 UTC
Germany prepared to veto aid and exit Greece from the Euro

A senior member of Chancellor Angela Merkel's party issued a stark warning to Greece, saying Germany would not hesitate to veto further aid to the country if there were any signs it was not meeting the conditions of its bailout.
Monday, August 13th 2012 - 16:11 UTC
Brazilian federal staff strike extends affecting airports, ports and foreign trade

The Brazilian economy is slowing down and civil servants are threatening to intensify the several weeks strike to protest government policy that they allege is appealing to savings in salaries and working conditions to address the situation.
Monday, August 13th 2012 - 05:58 UTC
Argentina again conditions contract to deep-dredge River Plate access canal

Foreign Minister Hector Timerman said that Argentina “is ready to sign” the deep dredging of the River Plane access canal Martin Garcia but warned that before doubts generated by Uruguay’s National Auditing Office regarding the performance of dredgers’ Riovía during the tender process, must be resolved.
Monday, August 13th 2012 - 05:55 UTC
Santiago sacks Mayor of Magallanes region for alleged irregularities

Chile’s Presidency secretary Andrés Chadwick confirmed that the former Mayor from Magallanes Region in the extreme south of the country, Arturo Storaker had effectively resigned because of alleged irregularities during his performance.
Monday, August 13th 2012 - 05:49 UTC
Workers confirm tenth day running of subway strike in Buenos Aires

Buenos Aires City one million commuters will be punished with yet another day, ten running, without subways as no agreement was reached between the striking workers with the Metrovias company.
Monday, August 13th 2012 - 05:35 UTC
Argentina shows off jet model and calls on UK to dialogue on Falklands’ sovereignty

Argentina’s minister of Defence called on the UK “to sit and dialogue” over the Falklands/Malvinas sovereignty and warned that the British military presence in the South Atlantic “is the only element that upholds the usurpation of that part of our national territory”.
Monday, August 13th 2012 - 05:30 UTC
Romney chooses Tea-Party as running mate; electoral debate expected to focus on government spending

The US Republican presidential candidate Mitt Romney said he has chosen Congressman Paul Ryan as his vice presidential running mate, a move that will bring the debate over how to reduce government spending and debt to the forefront of the race for the White House.
Monday, August 13th 2012 - 05:11 UTC
Aid for US farmers stalled in Senate; proposal to reduce bio-fuel mix in gasoline

The US House of Representatives passed a 383 million dollars disaster relief bill that provides political shelter for lawmakers during the worst drought in half a century, but may not release the aid for months to come.
Monday, August 13th 2012 - 04:54 UTC
Major oil companies vote of confidence for Falklands’ hydrocarbons industry

The incorporation of a major oil company is a sign of confidence in the future of the Falklands hydrocarbons industry and by any standards “absolutely fantastic”, said the Islands governor Nigel Haywood during an official reception at Government House for Rockhopper Exploration and their UK partners Premier Oil.
Saturday, August 11th 2012 - 11:45 UTC
Uruguay will continue with Mercosur but is also interested in the Pacific alliance

Uruguay will continue “to look after” Mercosur in spite of the strong diplomatic discrepancies with Argentina, but will also continue with an interest in participating in other trade blocks of the region, said President Jose Mujica.