Stories for September 2012

Saturday, September 22nd 2012 - 05:08 UTC
Argentina/Venezuela planning a basic training aircraft for Unasur members

A Venezuelan military delegation is currently visiting Buenos Aires to advance cooperation agreements with Argentina and continue to consider the project for the development of a training jet aircraft for Unasur, Union of South American Nations.
Saturday, September 22nd 2012 - 05:04 UTC
Argentine opposition describes budget bill as “inconsistent and false”

The Argentine opposition strongly criticized the budget bill sent to Congress and questioned the real growth of the economy during the current year, wondering who are the real holders of sovereign bonds tied to GDP growth maturing later this year.
Saturday, September 22nd 2012 - 04:45 UTC
Gibraltar sends high level delegation to UK party conferences

The Government of Gibraltar will have a presence at the party conferences of the three main political parties in the United Kingdom this year. The conference season opens this Sunday with the Liberal Democrat party conference which takes place in Brighton from 23rd to 26th of this month.
Saturday, September 22nd 2012 - 02:28 UTC
Argentine economy growth flat in second quarter; full year estimate revised down to 3.4%

The Argentine economy remained flat in the second quarter of the year compared to the same time period of 2011, the poorest performance in three years, according to the national statistics office Indec.
Saturday, September 22nd 2012 - 02:23 UTC
Wheat prices climb as Russia comes closer to curbing exports

Global wheat prices climbed on Friday as Russia’s economy minister raised the possibility of grain export curbs from one of the largest global suppliers in what appeared to be a policy u-turn.
Friday, September 21st 2012 - 23:53 UTC
Falklands to introduce minimum wage; document recommends £ 5, 50 the hour

Over the years there has been talk of implementing a minimum wage in the Falkland Islands, a significant amount of work has been undertaken on the issue and a minimum wage should be in place by early 2013.
Friday, September 21st 2012 - 16:45 UTC
Mantega says US and Japan have again ignited the “currency war” and Brazil will defend itself

Brazil threatened on Friday a further clampdown on speculative foreign capital, firing a warning shot in the “currency war” Finance minister Guido Mantega blames on money-printing by Western central banks.
Friday, September 21st 2012 - 16:42 UTC
World trade to grow 2.5% this year dragged down by Europe

World trade will grow by a mere 2.5% this year, dragged down by Europe to less than half of the previous 20-year average, the World Trade Organization (WTO) said on Friday. WTO cut its estimate from a 2012 growth forecast of 3.7% in April and also lowered its growth forecast for 2013 to 4.5% from 5.6%.
Friday, September 21st 2012 - 06:48 UTC
US calls on Brazil to reconsider proposed tariff increases in Brazil and Mercosur

US Trade Representative Ron Kirk urged the Brazilian government in a letter sent on Wednesday to reconsider plans for “protectionist” tariff increases expected to hurt US exports.
Friday, September 21st 2012 - 06:42 UTC
Mexican president-elect Peña Nieto brings up trade issues during visit to Brazil

Latin America’s two largest economies should be expanding rather than curbing trade flows, Mexico’s President-elect Enrique Peña Nieto said in veiled criticism of a Brazilian restriction on Mexican car imports.