Stories for 2012

Monday, August 6th 2012 - 07:21 UTC
Slowdown in Latin America further exposed vulnerabilities of Spain and Portugal

The slowdown in Latin America’s once booming economies could take a heavy toll on profits for Spanish and Portuguese companies whose two-decade investment spree abroad has provided a lifeline during a deepening crisis at home.
Saturday, August 4th 2012 - 22:29 UTC
Chile expects a 30% increase in cruise vessel calls this 2012/13 season

Chile is expecting an increase of 30% in the number of cruise vessels calls this coming season with Puerto Montt and Punta Arenas receiving the most, said the country’s Under Secretary for Tourism Jacqueline Plass.
Saturday, August 4th 2012 - 19:24 UTC
Falkland Islands’ assessing options for the expansion of port facilities

Falkland Islands port facilities are under assessment given the prospects of oil industry activities in the near future and two options are being considered by the local government: a new port project, and an interim development of the current facilities at FIPASS.
Saturday, August 4th 2012 - 05:00 UTC
YPF and PDVSA advance in the energy strategic alliance; next meeting in Caracas

Argentina and Venezuela gave their first step in the creation of an energy strategic alliance between oil companies YPF and PDVSA, after the agreement signed by President Cristina Fernández and her Venezuelan counterpart, Hugo Chávez, in Brasilia last Tuesday.
Saturday, August 4th 2012 - 03:14 UTC
Venezuela accession to Mercosur “by the back door”, according to The Economist

Under the heading of “In by the back door” referred to the expansion of Mercosur, The Economist says “bringing Venezuela certainly was smart, in the sense of cunning rather than wise”, but it was done ignoring the block’s rules which call for unanimity in admitting new members.
Saturday, August 4th 2012 - 02:18 UTC
Paraguayan senators challenge Chavez version of attempted bribes to favour Venezuela

An international controversy has surfaced between President Hugo Chavez and Paraguayan senators as to who really tried to bribe whom regarding failed attempts to have Venezuela incorporated to Mercosur.
Friday, August 3rd 2012 - 22:34 UTC
Brazilians trust in future of their country, their jobs and President Rousseff

President Dilma Rousseff continues to enjoy high popularity as Brazilian consumers sound very optimistic about the future of their country and trust they can hold on to their jobs despite the recent economic slowdown.
Friday, August 3rd 2012 - 22:11 UTC
Uruguay’s July inflation record low on government successful electricity saving campaign

Uruguay’s annual consumer-price inflation dropped in July to 0.27% the lowest in 58 years, accumulating 7.48% in the last twelve months (down from 8% in June), and 4.41% in the first seven months of 2012.
Friday, August 3rd 2012 - 08:36 UTC
CFK defends Argentina’s economic model and capacity to honour debts

While addressing the nation from the Buenos Aires stock exchange floor, Argentine President Cristina Fernández strongly defended the policy of drastically cutting debts, which guarantees “greater independence”, and of stimulating the economy because only with resources can debts be paid, “the dead don’t pay debts”.
Friday, August 3rd 2012 - 08:25 UTC
Falkland Islands debates and prepares for the development of the oil industry

A public debate on the future of the Falkland Islands in the face of income from oil exploitation is required rapidly, according to a Member of the elected Legislative Assembly.