Stories for November 2013

Friday, November 8th 2013 - 14:32 UTC
Mercosur cancels summit until end of January waiting for Cristina Fernandez

The Mercosur summit scheduled for December in Venezuela has been suspended and will most probably take place sometime in late January announced Uruguayan president Jose Mujica who on Friday cancelled a trip to Brasilia to meet with his peer Dilma Rousseff.
Friday, November 8th 2013 - 06:00 UTC
Venezuela joins the hyperinflation club: 54.3% in last twelve months and climbing

Venezuela's consumer prices rose 5.1% in October, pushing the 12-month inflation rate to 54.3%, the highest mark since the late President Hugo Chávez took power in 1999. The news was released by the central bank on Thursday which also revealed that the scarcity index had reached its highest level since 2009.
Friday, November 8th 2013 - 05:38 UTC
OIE restores Paraguay free of FMD with vaccination status

The World Organization for Animal Health, OIE restored Paraguay with the status of free of foot and mouth disease, FMD, with vaccination, a condition it had lost back in September 2011. The news was confirmed in Asunción by Paraguay's Minister of Agriculture and Livestock, Jorge Gattini
Friday, November 8th 2013 - 03:07 UTC
Falklands election delivers two new (and most voted) faces to the Legislative Assembly

Without banners, rowdiness or the chanting of political slogans, a good number of Falkland Islanders sat patiently in Stanley Town Hall on Thursday night to await the announcement of the 2013 General Election.
Thursday, November 7th 2013 - 23:05 UTC
Advice for Mujica: “professional, not presidential diplomacy” to deal with Cristina Fernandez

Uruguayan president Jose Mujica is fed up with problems with Argentina but must abandon the 'presidential diplomacy' and turn to 'professional diplomacy' because President Cristina Fernandez will not modify her conduct, warned one of Argentina's most respected political analysts, Rosendo Fraga.
Thursday, November 7th 2013 - 22:53 UTC
Pescanova needs 185 million Euros to get back to business, say auditors

The Galician multinational firm Pescanova needs an estimated 185 million Euros in working capital to be run in a year, according to estimates made by the consulting firm PricewaterhouseCoopers (PwC).
Thursday, November 7th 2013 - 21:51 UTC
Fears of 2014 World Cup disruptions resurface as major football conference is called off by Rio authorities

Fears about disruption to next year's World Cup have been raised after the key global football conference Soccerex was cancelled for disputed reasons. Soccerex organizers said Rio de Janeiro's state government had called off next month's event due to concerns about “ongoing civil unrest” in Brazil.
Thursday, November 7th 2013 - 19:25 UTC
Euro zone lowers rate to prop economy and avoid deflation; shares at five-year high

A surprise rate cut by the European Central Bank sent Euro zone shares to a five-year high on Thursday as traders bet a weaker Euro and easier lending conditions would help revive the region's economy and boost demand for stocks.
Thursday, November 7th 2013 - 19:06 UTC
Mercosur and Argentina top of the agenda in Mujica/Rousseff summit in Brasilia

Mercosur negotiations, disputes with Argentina and economic complementation with Brazil are among the main issues of a long agenda that Uruguay and Brazil will address when President Jose Mujica visits his Brazilian peer Dilma Rousseff on Friday in Brasilia.
Thursday, November 7th 2013 - 17:51 UTC
Falklands’ tourist board on 'path to worldwide recognition'

“We are encouraged to see the natural progression of the Falklands tourist board on a path to worldwide recognition”, said Managing Director Tony Mason who announced plans for the establishment of an Islands' tourist board branch in London.