Stories for 2012

Sunday, November 4th 2012 - 06:37 UTC
Argentine farmers claim floods are delaying sowing and threaten expected 2012/13 boom crop

Fourteen million hectares are affected by floods in Argentina’s prime farm land provinces and the presence of water jeopardizes the harvest of grains, according to farming sector leaders.
Sunday, November 4th 2012 - 06:33 UTC
Will China’s next president, Xi Jinping, bring about change?

By Gwynne Dyer - By the end of November 6, we will know who will be the president of the United States for the next four years. We already know who will be the leader of China for the next 10 years, although Xi Jinping will not be officially installed in power until a few days later. But some would argue that that is the more important event.
Sunday, November 4th 2012 - 06:31 UTC
Peru slashes anchovy quota by 68%; fish meal prices forecasted to soar

Peru slashed its commercial fishing quota as warmer water temperatures and controversial practices deplete stocks of anchovy in one of the world’s richest fisheries. The government cut its quota for this summer’s anchovy season by 68% to 810.000 tons, the smallest allowance in 25 years.
Sunday, November 4th 2012 - 06:24 UTC
Argentina to blast ‘vulture funds’ at the G20 ministerial meeting in Mexico

Argentine Economy Minister Hernán Lorenzino and Central Bank Governor Mercedes Marcó del Pont are leading the country’s delegation in the technical G20 meeting in Mexico, where they are expected to insist on the government’s criticisms against ‘vulture funds’ and credit rating agencies.
Saturday, November 3rd 2012 - 04:20 UTC
IMF top marks for Uruguay’s economy but beware of inflation and wage indexation

An International Monetary Fund (IMF) mission headed by Ulric Erickson von Allmen visited Uruguay from October 22 to November 2 to conduct the country’s annual Article IV consultation. At the conclusion of the visit, Mr. Erickson von Allmen division chief in the IMF’s Western Hemisphere Department issued the following statement in Montevideo:
Saturday, November 3rd 2012 - 04:07 UTC
South African minister admits a second Argentine navy vessel could be impounded

When Argentina still has not recovered from the impounding of the Navy’s flagship, ARA Libertad, retained in Ghana, another piece of bad news was confirmed in Pretoria on Friday when South African Foreign minister admitted that a second navy vessel, ARA Espora, docked in Simonstown was exposed to a similar fate.
Saturday, November 3rd 2012 - 04:03 UTC
Bank of England governance ‘defective’ with ‘centralized and hierarchical’ structure

Governance of the Bank of England is “defective”, according to the chairman of the Treasury Committee following the publication of three independent reviews into the Bank's performance. Andrew Tyrie said the reviews were too little, too late.
Saturday, November 3rd 2012 - 03:49 UTC
Peru reminds Argentina Shinning Path terrorists are an illegal group

Peru slammed reports that Movadef, the nascent political wing of the Shining Path armed group, had met with representatives of human rights groups in Argentina, including the Mothers of Plaza de Mayo Association, with the aim of gaining political credibility.
Saturday, November 3rd 2012 - 03:44 UTC
Peru considers rescuing debt to cool inflow of capital and currency appreciation

Peru is considering the anticipated cancelling of public debt to drain ‘dollars’ from the market and impede the sustained appreciation of the local currency, Sol, said Economy minister Luis Castilla. This would be the first step for a new liabilities management approach to extend in time the maturing of Peruvian bonds and other debt papers.
Friday, November 2nd 2012 - 23:12 UTC
UK confirms BAS first-class scientific research and Antarctica strategic presence

Plans to merge the British Antarctic Survey (closely linked to the Falkland Islands) and the National Oceanography Centre (NOC) have been ruled out, Science minister David Willetts announced. In a written statement he said the Natural Environment Research Council (NERC) had decided not to proceed with the proposal.