Stories for December 2013

Wednesday, December 11th 2013 - 00:06 UTC
Beijing virtually 'takes over' the Caribbean island of Dominica

Dominica and China have signed a new 300 million dollars cooperation agreement that includes the construction of a hotel, construction of an international airport and building a new hospital. The sum involved is equivalent to a third of the small Caribbean island GDP, which could mean Beijing virtually is 'purchasing' the small territory.
Wednesday, December 11th 2013 - 00:04 UTC
Colombia finds new reserves; targets 1.3m bbl production by 2020

Colombian state-owned oil company Ecopetrol and Canada's Talisman Energy Inc said on Monday they had discovered an estimated 1.3 billion barrels of oil in southeastern Colombia and that about a tenth of it was likely to be recoverable. The announcement was the second in a week for Ecopetrol and an important addition to the diminishing reserves the country has been urgently trying to boost. The Andean nation also expects to eventually exploit shale oil and gas.
Wednesday, December 11th 2013 - 00:02 UTC
Santos says a 'cease fire' only when FARC signs the peace agreement

Colombia's main leftist guerrilla group, the FARC, said today it would implement a 30-day ceasefire from December 15 while the government said it would keep pursuing the rebels after they attacked a police station killing eight.
Wednesday, December 11th 2013 - 00:00 UTC
World and FIFA shocked by violent incidents at a Brazilian championship match

Shocking violence at a Brazilian championship match is not an indication of what can be expected when the South American country hosts next year's World Cup, FIFA and Brazilian government officials have declared.
Tuesday, December 10th 2013 - 22:49 UTC
IMF extends Argentina a new deadline for CPI and GDP statistics

Directors of the International Monetary Fund (IMF) announced on Monday that they will give Argentine authorities an extended deadline in order to improve upon disputed national statistics, giving the nation until March 2014 to make the necessary changes.
Tuesday, December 10th 2013 - 22:45 UTC
Record wheat crop in Brazil's main producitn state of Rio Grande do Sul

Brazil's most southern state, Rio Grande do Sul is consolidating as the country's main producer of wheat with a record crop from the current harvest of 2.91 million tons, breaking the 2011 record of 2,74 million tons, according to the latest report from Emater, the country's rural extension department.
Tuesday, December 10th 2013 - 22:43 UTC
Pacific Alliance conference on preventing corruption in public infrastructure projects

With the support of the British Embassies in Peru, Mexico, Panama, Costa Rica and Chile, representatives of these countries will participate in a meeting, focused on how to prevent unlawful practices in public infrastructure construction projects.
Tuesday, December 10th 2013 - 22:41 UTC
Argentina's police strike and looting: a blend of inflation, corruption, impunity and social division

The rash of looting and rioting which has spread to most of Argentina's provinces as the police went on strike or protest demanding better pay and working conditions has taken the political system by surprise, which has been slow in reacting to the gravity of the situation.
Tuesday, December 10th 2013 - 06:11 UTC
Argentina fears more massive protest and looting on anniversary of 2001 economy meltdown

While facing the challenge of police unrest that has spread to half of the Argentine provinces the government of President Cristina Fernandez is designing a plan to counter the threat of further rioting and looting on 20 December, the anniversary of the worst day of the 2001 crisis which forced the resignation of then elected president Fernando de la Rúa and was followed by the largest sovereign debt default in Argentine history.
Tuesday, December 10th 2013 - 06:07 UTC
Paraguayan Senate ready to vote incorporation of Venezuela to Mercosur

The Paraguayan Senate is expected to vote this Tuesday the incorporation of Venezuela to Mercosur as full member in an extraordinary meeting, according to Senator Julio César Velázquez from the ruling party. To have the Venezuelan protocol approved 23 out of 45 Senators have to lift their hands, but according to previous surveys only 15 are expected to dissent.