Stories for December 27th 2013

Friday, December 27th 2013 - 05:32 UTC
Uruguay's new Economy minister pledges continuity of current market friendly policies

Uruguay will continue to consolidate its market friendly policies, pledged incoming Economy minister Mario Bergara, 48. on taking office on Thursday surrounded by President Jose Mujica and Vice president Danilo Astori. He replaced Fernando Lorenzo who was forced to resign following a major scandal involving the failure and shut down of the country's flag air carrier Pluna.
Friday, December 27th 2013 - 05:28 UTC
Blackouts continue in Argentina while government keeps threatening power distributors

Blackouts continued in several neighborhoods of Argentina's metropolitan Buenos Aires area while protests increased including pickets in highways, attempts to set on fire power distributors offices or kidnap power companies' officers while the only resource from government has been to blame companies and threaten to take over utilities.
Friday, December 27th 2013 - 05:18 UTC
Australian cruise operators interested in developing Puerto Williams in Chile

Australian travel agents linked to the cruise industry visited Puerto Williams in the extreme south of Chile to check on the facilities, services and infrastructure with the purpose of planning cruise calls on a regular basis. Puerto Williams in located on Navarino island across from Ushuaia in Argentina.
Friday, December 27th 2013 - 05:13 UTC
Caught you!! Brazilian Senator returns cost of air trip to have a hair implant

The president of the Brazilian Senate, Renan Calheiros had decided to return the equivalent of public funds he used to fly on a Brazilian Air Force (FAB) aircraft from Brasilia to Recife, where he underwent a hair implant.
Friday, December 27th 2013 - 05:07 UTC
World Cup 2014: Brazil most expensive stadium has a leaking roof

Reports from stadium operators in Brazil have revealed that the most expensive of the 12 stadiums built or renovated for the 2014 FIFA World Cup has a leaking roof, less than eight months after it was finished.
Friday, December 27th 2013 - 05:01 UTC
UK Met Office will offer daily forecasts about the weather in space: solar storms the target

The United Kingdom Met Office is to begin offering daily forecasts about the weather in space. The 24 hour service will aim to help businesses and government departments by providing early warnings of solar storms that can disrupt satellites, radio communications and power grids. The first forecast is expected to be available next spring.
Friday, December 27th 2013 - 04:58 UTC
Argentina makes its case to Forbes: 'commitment has been to treat all bondholders equally'

By Cecilia Nahón (*) - The op-ed published on October 21 entitled “Supreme Court Moves Us Closer To Holding Deadbeat Argentina Accountable” openly distorts Argentina´s recent history and the facts surrounding its debt restructuring.
Friday, December 27th 2013 - 04:52 UTC
Inflation in Argentine provinces expected to reach over 30% at the end of 2013

Consumer prices in the Argentine province of San Luis climbed 2.9% in November over October, 27.8% over December 2012 and 29.3% in the last twelve months, according to the provincial stats office. San Luis is ruled by dissidents from the ruling Peronist coalition headed by President Cristina Fernandez.
Friday, December 27th 2013 - 00:59 UTC
China pumps 5bn dollars to help banking system with rising interest rates

China's central bank has pumped 5bn dollars into the banking system to ease concerns over a credit squeeze that has caused rising interest rates. The People's Bank of China did not explain its actions, but over the last few days there has been growing concern over the availability of credit.
Friday, December 27th 2013 - 00:16 UTC
Cristina Fernandez determined to decide on the incumbent candidate for 2015

Argentine president Cristina Fernandez denied point blank any prospects of her running for office for a third consecutive period or any other elected post in the 2015 elections. Member of Congress Carlos Kunkel, considered an 'ultra-Kirchnerite' said on Christmas that at the end of her mandate “Cristina will continue in politics”. However Cristina will apparently decide on the incumbent presidential candidate for 2015.