Stories for October 2012

Tuesday, October 9th 2012 - 10:48 UTC
Brazil and Argentina mend trade fences: end to impediments for fruit and pork

Brazil announced on Monday it had fully restored agriculture trade with Argentina which means there should be no further impediments or red tape for Argentine fruit or for Brazilian pork.
Tuesday, October 9th 2012 - 06:36 UTC
Chavez invites Capriles for a pleasant discussion and a call for national unity

Venezuelan President Hugo Chavez said he had a pleasant meeting and discussion with the opposition candidate Enrique Capriles, whom he invited Monday evening to the presidential Palace following his re-election victory on Sunday.
Tuesday, October 9th 2012 - 04:11 UTC
Brazil strongly supports Argentina Falklands’ claim at defence ministers’ summit

Brazil came out strongly in support of Argentina’s sovereignty claims over the Falklands/Malvinas Islands and criticized British military exercises in the Islands during his speech on Monday to the Americas Defence ministers’ conference taking place in Punta del Este, Uruguay.
Tuesday, October 9th 2012 - 04:07 UTC
Chinese auto manufacturers flocking to open plants in Brazil

Anhui Jianghuai Automobile Co Ltd has become the latest Chinese automaker to invest in a production project in Brazil, the world's fourth-largest automobile market, to avoid the high taxes on imported vehicles.
Tuesday, October 9th 2012 - 04:02 UTC
Wikileaks Assange bail guarantors ordered to pay £ 93.000

Nine people who put up bail for WikiLeaks founder Julian Assange, including two members of the British aristocracy and a Nobel Prize winner, were ordered to pay 93,000 pounds on Monday after Assange took refuge in Ecuador's embassy.
Tuesday, October 9th 2012 - 03:15 UTC
IMF top economist points to global uncertainty; wishes forecasts were ‘inaccurate’

The IMF cut its global growth forecast for the second time since April and warned US and European policymakers that failure to fix their economic ills would prolong the slump.
Tuesday, October 9th 2012 - 03:10 UTC
Euro-zone launches 500bn bailout fund; Spain “needs no aid program”

Euro-zone finance ministers launched their permanent 500 billion Euro bailout fund on Monday but said Spain, the country widely expected to be first to draw on it, was taking steps to overhaul its economy and did not need a bailout for now.
Tuesday, October 9th 2012 - 02:48 UTC
IMF cuts Latam growth forecast to 3.2% and 2.9% in 2013; Brazil 1.5% and 4%

The IMF cut its growth forecasts on Monday for Latin America and its largest economy Brazil, against a backdrop of deteriorating global growth and contagion risks if the Euro zone crisis deepens and China's growth slows more than expected.
Tuesday, October 9th 2012 - 02:45 UTC
Fifty large Brazilian cities face run offs on 28 October; Sao Paulo an open race

Fifty large Brazilian cities will be holding a run off at the end of the month following on Sunday’s results of the municipal elections when the ruling Workers Party and the opposition Brazilian Social Democracy Party, PSDB, confirmed their leaderships.
Tuesday, October 9th 2012 - 01:38 UTC
Paraguay Senate plans to reject instruments used by Mercosur to sanction the country

The Paraguayan Senate will be addressing on Thursday the Ushuaia II Protocol and the Unasur Additional Protocol on democratic commitment, both instruments used by Mercosur and Unasur last June to have Paraguay suspended from the two organizations.