Stories for August 2012

Saturday, August 11th 2012 - 10:23 UTC
Brazil signs contract for the purchase of wheeled armour personnel carriers

The Brazilian Army and Iveco signed this week a contract for the purchase of 86 VBTP MR wheeled armoured personnel carriers known as Guarani. President of Iveco Latin America, Marco Mazzu, said that he was proud to participate in the “renaissance of the defence industry in Brazil”.
Saturday, August 11th 2012 - 10:13 UTC
Attractiveness Survey shows foreign investors remain with great interest in Brazil

A stable economy, a burgeoning domestic market and huge untapped reserves of natural resources have led foreign investors to become increasingly interested in Brazil as an investment destination although there are challenges to sustaining this attractiveness according to Ernst & Young's first annual Brazilian Attractiveness Survey.
Saturday, August 11th 2012 - 10:04 UTC
Paraguay sounding the possibility of joining the Pacific Group

Paraguay is sounding the recently created Pacific Block made up of Colombia, Peru, Chile and Mexico with the possibility of considering applying to join it, revealed the country’s Foreign affairs minister Jose Fernandez Estigarribia.
Saturday, August 11th 2012 - 07:02 UTC
New strain of swine flu advances in the US Midwest region; 200 cases reported

United States Centers for Disease Control and Prevention is warning that a new strain of swine flu is raising concerns as it continues to infect people throughout the Midwest region.
Saturday, August 11th 2012 - 06:52 UTC
Buenos Aires City subway strike enters eighth day; Macri blames Cristina

Buenos Aires subway splinter workers union announced Friday evening that they failed to reach an agreement with licensee company Metrovías and that the strike will continue for another 24 hours.
Friday, August 10th 2012 - 22:42 UTC
Falklands’ Argentine cemetery investigation extends to the UK and Malvinas families

The investigation into the vandalized hermitage at the Argentine Cemetery in the Falklands has seen the local police investigation extend to the UK and Argentina. Forensic material has been sent to Britain and Falklands’ police have requested the Malvinas Families Commission to help identify the origin of a Spanish Bible with a message signed by a “Viviana” found inside the attacked shrine.
Friday, August 10th 2012 - 22:37 UTC
Ice patrol HMS Protector crew to visit the affiliated city of Cambridge

The university city of Cambridge might be more used to punts, but it is about to welcome the crew of a Royal Navy ship. HMS Protector, the Navy's 5.000-ton Antarctic patrol vessel is to visit the region on Monday, marking her first visit to her affiliated city of Cambridge since the formal link was established a year ago.
Friday, August 10th 2012 - 22:28 UTC
Mexico Ousts Brazil as Investors’ Top Choice in Latin America

Due to increasing economic stability and a growing population, Brazil is now widely considered an economic powerhouse capable of maintaining and attracting foreign direct investments.(1)(2) However, recent corruption schemes, changes in monetary policy, and the ongoing 2008 global financial crisis have undermined Brazil’s shining reputation. In light of Brazil’s governmental intervention, the number of state-controlled enterprises, the growing debt-to-GDP in the private sector, and inflation rates, investors have begun to turn their attention to other economies in Latin America, especially Mexico.(3)
Friday, August 10th 2012 - 19:52 UTC
Olympics Excitement in the Falkland Islands

The visit of one of the 8000 London 2012 Olympic torches to the Falklands has added to the excitement felt in the Islands for the London Olympics.
Friday, August 10th 2012 - 08:56 UTC
Uruguay begins to discuss ‘marihuana bill’ that makes government pot dealer

A plan by Uruguayan president Jose Mujica to turn the government into the nation's marijuana dealer has been presented to Congress. The aim of the proposed bill is to take over an illegal marijuana trafficking business estimated to be worth 30 to 40 million dollars annually.