Stories for 2013

Wednesday, June 5th 2013 - 18:50 UTC
Airline profits 20% higher than expected this year, anticipates IATA

Airline profits will be 20% higher than expected this year despite razor-thin margins, according to the industry's main representative body. The International Air Transport Association (IATA) said increased demand was helping pack planes to record levels.
Wednesday, June 5th 2013 - 17:49 UTC
Uruguay ‘can’t ignore (Mercosur) reality’ and is applying for full Pacific Alliance membership

Vice-president and acting president Danilo Astori strongly defended the Uruguayan government’s intention of joining the Pacific Alliance, next to Chile, Colombia, Peru and Mexico, claiming that Mercosur has fallen into a state of ‘inactivity’ but also rejected point blank statements from Brazilian diplomacy contrary to such a move.
Wednesday, June 5th 2013 - 12:19 UTC
Two Chinese jiggers quarantined 12 kilometres off Montevideo following mysterious deaths

Two Chinese jiggers are in quarantine 12 kilometres off the port of Montevideo following the death of two crew members and the hospitalization of another two in separate incidents.
Wednesday, June 5th 2013 - 08:37 UTC
Obama and Piñera in the White House renew push for a trans-Pacific trade agreement

US President Barack Obama and Chilean President Sebastian Piñera renewed their push for a trans-Pacific trade agreement at a meeting in the White House Oval Office on Tuesday that also touched on education and renewable energy.
Wednesday, June 5th 2013 - 08:29 UTC
Prosecutor Nisman ready to quit if accused Iranian officials surrender to face trial

Argentine prosecutor Alberto Nisman responsible for the investigation into the 1994 bombing of a Jewish institution in Buenos Aires that killed 85 people and which points as culprits to several Iranian officials said he will step down if those Iranians named in the report “surrender to face trial”.
Wednesday, June 5th 2013 - 08:19 UTC
Argentina first of 66 countries to sign UN Arms Trade Treaty; US on hold

Representatives of sixty six countries lined up at U.N. headquarters in New York to sign the first international treaty to regulate the 85 billion dollars global conventional arms trade, a landmark event. However doubts exist about whether the treaty will work.
Wednesday, June 5th 2013 - 08:16 UTC
Fearing lesser global liquidity, Brazil eliminates tax on foreign capital inflows

Brazil will scrap a tax on foreign investments in local debt, a surprise move that could help stop a sharp depreciation of the country's currency which lost 7.6% in the past three months and that threatens to stoke already high inflation in Latin America's largest economy.
Wednesday, June 5th 2013 - 08:05 UTC
Inflation in Uruguay falls for the fourth month running but still above target

Consumer prices in Uruguay during May increased 0.32% and 8.06% in the last twelve months which is still above the annual top target range of 6%, but on the positive side for the fourth month running inflation has been decreasing, according to the latest release from the stats office INE.
Wednesday, June 5th 2013 - 07:56 UTC
Falklands: Uruguay lawmaker calls for direct links with ‘kelpers’ and a change in government’s policy

Lawmaker Jaime Trobo invited his peers in the Lower House to review the Uruguayan government’s position regarding the Malvinas Islands and without questioning Argentine sovereignty, establish close trade and human links with the Islanders, as in the past, eliminating the ‘sanitary ring’ imposed by the current Argentine government.
Wednesday, June 5th 2013 - 07:52 UTC
Record death of whales and calves in Patagonia; scientists investigating

Southern Right Whales are dying off at a record rate in Argentina's Patagonia region, a conservation group warned.