Stories for September 2012

Thursday, September 20th 2012 - 01:40 UTC
Brazil announces auctioning of new oil concessions for next May

Brazil's Dilma Roussef has approved the auctioning of new oil concessions next year, subject to congressional approval of a new royalties law, authorities said. The 11th auction outside the pre-salt next May would involve 74 oil blocks, half at sea and half on land.
Wednesday, September 19th 2012 - 21:15 UTC
Don’t wait for the end of the EU crisis: boost trade among emerging economies, recommends Brazil

Brazilian finance minister Guido Mantega said that resolving Europe’s economic problems are likely to drag out over coming years due to a complex and slow process of decision-making in the region and recommended emerging economies to promote domestic consumption and trade among them.
Wednesday, September 19th 2012 - 21:07 UTC
Spain has not invited Paraguay to the Ibero-American summit confirms Asunción

Spain has not invited Paraguay to the Ibero-American summit in Cadiz scheduled for next November confirmed Paraguayan Foreign minister Jose Felix Fernandez Estigarribia, who also admitted that the number of countries ‘disgusted’ with the new administration of President Federico Franco has diminished considerably.
Wednesday, September 19th 2012 - 10:03 UTC
Falklands’ badminton team off to the Brazilian International Cup

A team of four are currently emerged in a training camp preparing for competition in Sao Paulo next week.
Wednesday, September 19th 2012 - 06:22 UTC
Argentina Paypal-users activities limited to international payments

Paypal is to prevent users in Argentina from transferring money between their own accounts. The online payment service said that from 9 October: “Argentina resident Paypal-users may only send and receive international payments.”
Wednesday, September 19th 2012 - 06:12 UTC
Bad debts held by Spanish banks reach 169bn Euros or 10% of total loans

The value of bad debts held by Spain's banks in July rose to 169.3bn Euros, according to latest figures from the central bank. The Bank of Spain said 9.9% of banks' total loans were in arrears, up from 9.4% a month before.
Wednesday, September 19th 2012 - 06:10 UTC
Leading political figure of Spain’s contemporary history dies

Veteran Communist leader Santiago Carrillo, Spain's last surviving public figure to have taken an active part in the civil war and the reinstatement of democracy has died at age 97, sources close to the family said.
Wednesday, September 19th 2012 - 06:05 UTC
Argentine economy to expand 1% this year, according to private estimates

The Argentine economy is expected to grow 1% this year with manufacturing activity virtually stagnant, according to the head of a leading economic consultancy agency in Buenos Aires who nevertheless admits that the government stats “will probably show a better performance”.
Wednesday, September 19th 2012 - 06:00 UTC
Iran requests meeting with Argentina at the coming UN General Assembly

Iran's Foreign Minister Ali Akbar Salehi formally requested his Argentine counterpart Héctor Timerman for a meeting to be held next week at the United Nations General Assembly, the Ministry reported.
Wednesday, September 19th 2012 - 05:55 UTC
IMF, World Bank annual meetings return to South America after 48 years

The 2015 Annual Meetings of the World Bank Group and the International Monetary Fund will take place in Lima, Peru, in October 2015, following a vote by the Boards of Governors of the two institutions.