Stories for October 2013

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.
Saturday, October 19th 2013 - 20:47 UTC
Falklands oil company purchases dock facility and readies for 2015 drilling

Noble Energy the US oil company involved in hydrocarbons exploration in the Falkland Islands has already purchased a temporary dock facility, is looking for a rig to start exploratory drilling in early 2015 and next month begins additional 3D seismic surveying.
Saturday, October 19th 2013 - 18:26 UTC
Opposition to Cristina Fernandez consolidates for mid-term election in two weeks

Argentine President Cristina Fernandez candidate for the 27 October mid term election in the crucial Buenos Aires province is trailing by eight points his main rival, Sergio Massa who is leading with 41.2% of vote intention according to the latest public opinion poll released by Poliarquía, one of the country’s most respected pollsters.
Saturday, October 19th 2013 - 18:04 UTC
Rousseff stimuli policies and government intervention in the economy questioned

Brazil's economic debate is heating up after three former central bankers this week criticized the economic policies of President Dilma Rousseff, saying she is making Latin America's biggest economy less efficient and more sluggish.
Saturday, October 19th 2013 - 17:53 UTC
In show of Latam unity Chile is elected to the UN Security Council

The United Nations General Assembly elected this week Chad, Chile, Lithuania, Nigeria and Saudi Arabia to serve as non-permanent members on the Security Council for two-year terms beginning on 1 January 2014. The five countries obtained the required two-thirds majority of those Member States present and voting in the 193-member Assembly.