Stories for September 2012

Wednesday, September 19th 2012 - 05:51 UTC
IMF calls on Argentina to implement measures on the quality of official data

The International Monetary Fund announced on Tuesday that it “regretted the lack of sufficient progress” with Argentina to address the quality of the official data reported by the country and urged it to come up with a response to the organization’s concerns by December 17th.
Wednesday, September 19th 2012 - 05:47 UTC
Soy supply in 2013 expected to be highly dependent on South American supply

A leading international consultant on grains and oilseeds estimates that Argentina’s soy crop could increase 38% to 56 million tons in 2013, a year when world supply will become more dependent on South America because of smaller inventories in countries such at the US and China.
Wednesday, September 19th 2012 - 05:20 UTC
Argentina inflation expectations 30% and 20 percentage points above official index

Argentina's 12-month inflation expectations held steady for a seventh consecutive month at 30% in September, according to the median estimate in a survey published by the Torcuato Di Tella University, UTDT. However after three steady months expectations eased with the average response sliding to 34.9% from 39.8% in August.
Wednesday, September 19th 2012 - 02:00 UTC
UN calls on Argentina to stop eviction of indigenous peoples from their lands

United Nations Special Rapporteur on Indigenous Peoples, James Anaya called on Argentina to cease the eviction of indigenous communities from their lands, during the presentation of the annual report of his office before the UN Human Rights council in Geneva.
Wednesday, September 19th 2012 - 01:50 UTC
Eleven leaders missed the previous 2011 Ibero-American summit in Paraguay

As Spain doubles efforts to ensure full attendance to the coming Ibero-American summit in Cadiz, next 16/17 November diplomatic sources recalled what happened in the previous event which took place in Asuncion, with Fernando Lugo president and which was considered a failure since eleven leaders missed the event including Mercosur full members, Argentina, Brazil and Uruguay.
Wednesday, September 19th 2012 - 01:48 UTC
Brazil reacts to US stimuli saying it will keep the Real ‘devalued’ and competitive

The latest round of US quantitative easing will create many problems for emerging countries and Brazil will take action to keep the Real from rising in value, Brazilian Finance Minister Guido Mantega said on Tuesday.
Tuesday, September 18th 2012 - 23:33 UTC
Rajoy and Franco will address Paraguay’s attendance to Ibero-American summit

President Federico Franco and the head of the Spanish government Mariano Rajoy will address the participation of Paraguay in the coming Ibero-American summit scheduled for November in Cadiz, taking advantage of their presence in New York next week for the UN General Assembly.
Tuesday, September 18th 2012 - 21:52 UTC
Swiss banks fear withdrawals of “hundreds of billions” because of new taxes

UBS expects Swiss banks to see European clients withdraw “hundreds of billions of francs” as a result of steps to stop foreigners using secret accounts to evade taxes, warned Juerg Zeltner, head of UBS wealth management.
Tuesday, September 18th 2012 - 16:24 UTC
Rousseff to meet Obama in New York and receive PM Cameron in Brasilia

Brazilian president Dilma Rousseff is scheduled to meet with her US peer Barack Obama next week in the framework of the annual opening of the UN General Assembly and at the end of the month will be hosting British PM David Cameron in Brasilia, according to Sao Paulo media reports.
Tuesday, September 18th 2012 - 16:18 UTC
Uruguay calls for doubling efforts in EU/Mercosur trade and association talks

Uruguayan Industry, Energy and Mining minister Roberto Kreimerman called on the European Union and Mercosur members to double efforts and advance in negotiations to achieve a wide ranging association agreement which has been discussed for almost two decades.