Stories for September 2012

Friday, September 7th 2012 - 05:41 UTC
ECB bond-buying scheme announcement boosts world markets

Asian shares looked set for their biggest daily gain in nearly five weeks on Friday after the European Central Bank outlined its bond-buying scheme to help calm the Euro zone's debt crisis, while firm US data fed speculation of a strong jobs report later in the day.
Friday, September 7th 2012 - 05:34 UTC
Land Rover will manufacture the Freelander and Evoque in China

British luxury car company Jaguar Land Rover has announced plans to build two of its models in China. It will be the first full manufacturing plant for the company outside the UK. Although the plans still have to be given final approval by the Chinese government, Jaguar Land Rover has already found a site for the plant, just north of Shanghai.
Friday, September 7th 2012 - 03:26 UTC
“Argentine blockade can’t stop the Falklands”, said Islands’ lawmakers in Guatemala

The Argentine blockade can’t stop the Falkland Islands and “if Argentina believes that these aggressions are going to change the mind and spirit of the Islanders, they are dead wrong, much on the contrary”, said Falklands’ lawmakers currently visiting Guatemala on a tour of Central America and Mexico.
Friday, September 7th 2012 - 03:20 UTC
Falklands and Latin America affairs responsibility of Minister of State Hugo Swire

After UK government cabinet reshuffle which confirmed Foreign Secretary William Hague and Secretary of Defence, Philip Hammond, the Falkland Islands and Latin America become the responsibility of Minister of State Hugo Swire MP until now Minister of State for the Northern Ireland Office. The new ministerial teams and their portfolios are as follows.
Friday, September 7th 2012 - 03:15 UTC
Argentina achieves 12-month trade surplus target in August with 10.04bn dollars

Argentina's trade surplus rose to 1.64 billion dollars in August, more than double the surplus in the same month a year ago achieving the twelve months target four months ahead, President Cristina Fernandez announced on Thursday.
Friday, September 7th 2012 - 03:06 UTC
Argentine state formalizes its participation in the mobile phone sector

The Argentine government signed the decree on Thursday formalising the decision for the state to begin to control a part of the mobile phone sector, a measure announced on Wednesday by Planning Minister Julio De Vido.
Friday, September 7th 2012 - 02:55 UTC
OECD warns recession is “taking hold” of Euro zone including largest economies

Europe's debt crisis is pushing the 17-country Euro-zone toward recession and dragging down the global economy, the Organization for Economic Cooperation and Development said in a report.
Thursday, September 6th 2012 - 06:35 UTC
Patriota defends Mercosur decisions on Paraguay before the Brazilian congress

Brazilian Foreign minister Antonio Patriota strongly defended the decision to suspend Paraguay from Mercosur following the removal of Fernando Lugo from the presidency, as well as the incorporation of Venezuela as full member of the trade group.
Thursday, September 6th 2012 - 06:28 UTC
Two Uruguayan ex-presidents openly support the new Paraguayan authorities

Uruguayan former presidents Jorge Batlle and Luis Alberto Lacalle came in support of the current Paraguayan authorities and political process and claimed the only “coup” was that of Mercosur against Paraguay. They also questioned the removed president Fernando Lugo’s ‘pitiful reaction’ and statements.
Thursday, September 6th 2012 - 06:15 UTC
August anticipates that Uruguay’s annual inflation out of target at 8%

Consumer prices in Uruguay rose 0.93% during August, above expectations and leaving the Central bank with not much margin to apply counter measures. In the twelve months to August inflation was 7.88%, up from July’s 7.48%.