Stories for October 21st 2013

Monday, October 21st 2013 - 07:13 UTC
Uruguay among the countries in Latam with the highest power costs

Uruguay is among the Latin-American and Caribbean countries with the highest power costs according to a paper from the Inter-American Development Bank, IDB, Bloomberg and New Energy Finance. This is extensive both for residential consumers and for manufacturing and large consumers.
Monday, October 21st 2013 - 07:01 UTC
Too many summits: Ibero-American countries decide to meet every other year

In a poorly attended Ibero-American summit held during two days in Panama, the heads of state and government from the Americas, plus Spain and Portugal, decided that instead of holding annual meetings they would get together every other year, starting after the 2014 summit in Veracruz, Mexico.
Monday, October 21st 2013 - 06:49 UTC
EU and Canada sign agreement expected to increase bilateral trade by over 20%

A landmark trade deal reached between the European Union (EU) and Canada, that will benefit the UK economy and businesses by over £1.3 billion a year, has been welcomed by Prime Minister David Cameron.
Monday, October 21st 2013 - 06:21 UTC
Venezuela clamps down on 'currency tourism' with random checks at airports

The 'dollar-scarce' Venezuelan government is trying to clamp down on what it calls “currency tourism” with random checks of passengers leaving the country. The officials at the country's main airports are not guards or police but bureaucrats at state currency board Cadivi investigating whether travelers' documents match their requests for hard-to-get dollars.
Monday, October 21st 2013 - 06:16 UTC
Argentine economy 12 month expansion in August was 4%

Argentine economic activity grew 4% in August from the same month last year, the government said on Friday, growth that far exceeded market expectations.
Monday, October 21st 2013 - 06:03 UTC
Inspirator of Venezuelan Socialism anticipates Maduro won't make it to April 2014

The man credited with pioneering the idea of 21st Century socialism, which was championed and put into application in Venezuela under Hugo Chávez, recently made a damning condemnation of current Venezuelan President Nicolás Maduro.
Monday, October 21st 2013 - 05:48 UTC
Argentina established a TAC of 312.000 tons of hake for the current year

Argentina's National Fisheries Coordination Agency reported that the Federal Fisheries Council (CFP) established fishing quotas for hake (Merluccius hubbsi) for the current year: 277,000 tons for the south area (south of parallel 41°SL) and 35,000 tons for the north area (north of parallel 41°SL).
Monday, October 21st 2013 - 05:43 UTC
Lazard renegotiates Pescanova’s 2bn Euro debt: pretends 75% relief

The new chairperson of the Galician multinational firm Pescanova, Juan Manuel Urgoiti, authorized the investment bank Lazard to implement an urgent debt refinancing process with the creditor entities.
Monday, October 21st 2013 - 05:30 UTC
Brazil confident Paraguay will be returning to Mercosur before the end of the year

Brazil trusts Paraguay will fully return to Mercosur before the end of the year, said Brazil's Executive foreign policy advisor Marco Aurelio Garcia in a Sunday edition interview with the influential Folha de Sao Paulo.
Monday, October 21st 2013 - 05:25 UTC
Brazil will not return Bolivian Senator who is wanted by the government of President Morales

Brazil will not return opposition Senator Roger Pinto to Bolivia, who last August fled the country with the help from Brazilian diplomats, said President Dilma Rousseff advisor on foreign affairs Marco Aurelio Garcia.