Stories for 2012

Thursday, June 7th 2012 - 05:34 UTC
CFK Malvinas presentation before C24 divides Argentine opposition

President Cristina Fernandez has yet to fulfil her wish to have the whole Argentine opposition represented next to her when she addresses the UN Decolonization Committee claiming sovereignty over the disputed Falklands/Malvinas Islands next week.
Thursday, June 7th 2012 - 05:28 UTC
In anticipation of Rio+20, Brazil creates new nature reserves and closes major land-fill

Brazil announced plans to protect an additional 10 000km² of land and pledged not to let economic woes stop it from implementing other measures to protect the environment.
Thursday, June 7th 2012 - 05:26 UTC
JBS to sue Greenpeace on report the meat packer bought cattle bred in de-forested areas

Brazil's JBS, the world's largest meat company, said on Wednesday it would sue environmental organization Greenpeace for what it called false claims that could cause it to lose business and hurt its image.
Wednesday, June 6th 2012 - 23:40 UTC
Rousseff signs bill allowing beer sales in stadiums during 2014 World Cup

Brazil president Dilma Rousseff announced Wednesday the government will temporarily shelve a law banning the consumption and sale of beer in stadiums for the duration of the 2014 World Cup.
Wednesday, June 6th 2012 - 23:35 UTC
Argentina moving closer to recession according to latest indicators

Strong symptoms of a slowdown of the Argentine economy, possibly leading to recession, have been confirmed by Torcuato Di Tella University's, UTDT, closely watched leading indicators.
Wednesday, June 6th 2012 - 23:03 UTC
Argentina: higher tariffs on capital goods, soft loans for industry and fiscal bonus

Argentine President Cristina Fernandez announced higher tariffs for capital goods and the extension until the end of the year of the “fiscal bonus” with the purpose of “sustaining current countercyclical policies” given the international economic crisis.
Wednesday, June 6th 2012 - 22:59 UTC
Argentine president pledges to turn her dollar savings into Pesos and urged ministers to follow

Argentine President Cristina Fernández insisted Wednesday on the need of saving in Pesos instead of US dollars and announced that she would “pesify” her dollar fixed-term bank deposit, urging her ministers to do the same.
Wednesday, June 6th 2012 - 21:42 UTC
Billionaire Soros tells EU leaders they have a “three month window” to save the Euro

Billionaire investor George Soros has warned European leaders they have a “three-month window” to save the Euro and insisted that the EU leaders did not understand “the nature of the crisis”.
Wednesday, June 6th 2012 - 21:25 UTC
Trichet proposes “emergency powers” for EU key institutions to address crises

Europe's key institutions should have emergency powers to override economic and financial policies at a national level in times of crisis, Jean-Claude Trichet, former head of the European Central Bank, said on Wednesday.
Wednesday, June 6th 2012 - 21:20 UTC
ECB warns EU leaders that monetary policy won’t fill other institutions “lack of action”

European Central Bank (ECB) president Mario Draghi said on Tuesday that risks to the Euro zone economy have increased and warned of “heightened uncertainty weighing on confidence and sentiment”.