Stories for September 2013

Monday, September 30th 2013 - 22:06 UTC
Barrick Gold Pascua-Lama project again running after court ruling

Chile's Supreme Court confirmed a freeze on Barrick Gold Corp's suspended Pascua-Lama gold mine but the Toronto-based miner escaped having the project's environmental permit revoked. The ruling dispels a significant uncertainty surrounding the controversial project, which now essentially has to complete a water management system issued by the environmental regulator to likely be re-activated.
Monday, September 30th 2013 - 21:40 UTC
The Shale Boom, Just Getting Started: Interview with Tyler Cowen

Thanks to the shale boom, markets already perceive the trade balance optimizing, energy prices are cheaper than they would otherwise be and we've even cut carbon emissions. And we are only getting started, according Tyler Cowen, New York Times best-selling author and one of the most influential economists of the decade.
Monday, September 30th 2013 - 19:31 UTC
Chile expects to harvest over 50.000 tons of walnuts, most for export in 2013/14

The walnut production in Chile has experienced a growth in the fiscal year 2013/2014, reports the German Agrarmarkt Informations-Gesellschaft (AMI) on its website. Not only the favourable weather conditions, but also the extension of the cultivation area in recent years has contributed to this.
Monday, September 30th 2013 - 19:11 UTC
Chilean military officers will be transferred to less luxurious jail despite suicide of an inmate

Former president and opposition candidate Michelle Bachelet, as well as Evelyn Matthei, candidate of the conservative ruling coalition for the coming 17 November elections coincided in describing the death of retired general Odlanier Mena Salinas who killed himself as ‘tragic’.
Monday, September 30th 2013 - 19:06 UTC
Outgoing Piñera announces a 2014 tight budget for the next government

The Chilean government plans to raise spending 3.9% next year, the second-smallest increase since 2003 and below the central bank’s forecast for economic growth in 2014. The budget will focus on employment, education, crime, poverty, children, pensioners and infrastructure, President Sebastian Piñera said in a televised address without giving details.
Monday, September 30th 2013 - 17:03 UTC
Argentina/Iran meeting in Geneva in November to address the AMIA bombing

Iran and Argentina have confirmed they will be meeting in November in Geneva to continue discussions on the Memorandum of Understanding to jointly probe the bombing of the AMIA Jewish community centre in Buenos Aires 19 years ago. The information was announced following two meetings held on Saturday between Foreign Minister Héctor Timerman and his Iranian counterpart Mohammad Javad Zarif at the UN headquarters in New York.
Monday, September 30th 2013 - 17:00 UTC
Argentina hopes US Supreme Court hears its case with the hedge funds

The US Supreme Court was scheduled to meet behind closed doors on Monday to decide whether to hear a high-profile appeal by Argentina over its battle with hedge funds that refused to take part in two debt restructurings that sprang from the country's 2002 default.
Monday, September 30th 2013 - 16:52 UTC
Argentine flagged vessels catch of Illex squid totaled 186.969 tons, says Inidep

A report from Argentina’s INIDEP (fisheries research institute) presented to the Fisheries Federal Council last week indicates that during 2013 Illex squid catches totalled 434.561 tons of which 156.163 were landed by 66 Argentine jiggers. The report identified as Number 20, refers to the first 35 weeks of this year, (1 to 35) and includes Argentine waters and outside Argentina’s Exclusive Economic Zone, ZEEA.
Monday, September 30th 2013 - 16:39 UTC
Paraguayan economy boosted by agriculture expanding at an annual 13.3%

Paraguay’s GDP expanded 13.3% in the second quarter of this year boosted by agriculture and beef exports, according to the latest release from the Central bank. Agriculture has proved the most dynamic sector with 6.2% growth helping Paraguay to have the fastest growing economy this year in Latam following on a 0.9% retraction last year, because of an extended drought.
Monday, September 30th 2013 - 16:32 UTC
Paraguay’s Cartes in Brazil to discuss trade, security, cooperation and Mercosur

Paraguay president Horacio Cartes arrived Monday morning to Brazil for a round of talks with President Dilma Rousseff which includes political, economic, energy, trade and security issues, plus the full return of Paraguay to Mercosur, an intricate matter dating back to events of June 2012.