Stories for 2013

Monday, July 15th 2013 - 21:15 UTC
Former Brazilian official blasts his country policy towards Paraguay as ‘arbitrary, illegal and incompetent”

Brazil’s former Foreign minister Celso Lafer said that Paraguay was ‘arbitrarily’ excluded from Mercosur with a sanction that is not in conformity with the group’s charter and warned Brazil is losing international credibility in supporting Paraguay’s suspension because it is distancing itself from International law.
Monday, July 15th 2013 - 18:00 UTC
Cristina Fernandez will be absent from AMIA bombing commemoration

The Argentine Foreign Ministry confirmed that President Cristina Fernández will for the second consecutive year not attend the AMIA Jewish community association’s memorial to commemorate the anniversary of the terrorist attack on its headquarters, which killed 85 and injured more than 300 in 1994.
Monday, July 15th 2013 - 16:49 UTC
Markets exist: Argentina offers attractive incentives to promote oil and gas production

Argentina will offer energy companies incentives if they invest 1 billion dollars or more over a five-year period as the country struggles to lift output and pare fuel imports a year after seizing a majority stake at YPF from Spain’s Repsol.
Monday, July 15th 2013 - 16:22 UTC
Uruguay files in SEC plans to sell up to 5 billion dollars in securities

Uruguay filed a shelf registration with the US Securities and Exchange committee to sell up to 5 billion in US denominated securities. Economy minister Fernando Lorenzo said the filing will allow the government to issue debt when it is convenient for the country and market conditions are favourable.
Monday, July 15th 2013 - 15:33 UTC
US Congress members write to Kerry calling for sanctions on Argentina for ties with Iran

Members of the United States Congress have sent letters to Secretary of State John Kerry and US Attorney-General Eric Holder calling for the sanctioning of Argentina for its ties with Iran.
Monday, July 15th 2013 - 15:08 UTC
Falklands’ iconic communications Cable & Wireless changes name to Sure

In April this year Cable & Wireless South Atlantic Ltd, along with the Channel Islands, Isle of Man and Diego Garcia were acquired by the Batelco Group (*), a leading telecommunications provider to 16 markets spanning the Middle East & Northern Africa, Europe and the South Atlantic and Indian Ocean.
Monday, July 15th 2013 - 14:53 UTC
Brazil: internet providers will have to store domestic communications in the country

Brazil may soon require global Internet service providers (ISPs) to store domestic communications data in the country in response to reports that the US widely spies on telephone and Internet traffic across Latin America.
Monday, July 15th 2013 - 12:39 UTC
Spanish vessel allegedly illegally fishing in Argentine waters must pay 1.1 million Euros

The Argentine government confirmed a fine of 5.3 million Pesos (approx 800.000 Euros) and another 300.000 Euros to liberate the forfeited catch on board, mostly squid, of the Spanish flagged vessel ‘Piscator’ caught last 2 July allegedly illegally operating in Argentine waters and which remains retained in Puerto Madryn.
Sunday, July 14th 2013 - 23:53 UTC
Argentina litigation with hedge funds; ‘US could end siding with Buenos Aires’ says Washington Post

The United States Justice, Treasure and State Department officials met on Friday with lawyers both from Argentina and hedge funds that refused to accept the administrations of presidents Nestor Kirchner and Cristina Fernandez debt swaps, The Washington Post reported on Saturday.
Sunday, July 14th 2013 - 23:48 UTC
Brazil’s Libra deepwater oilfield expected to yield a million bpd

The Libra deepwater oil field that Brazil plans to auction off Oct 21 will yield minimum output of 1 million barrels of crude per day, the National Petroleum Agency, ANP, said on Friday. That production would be equivalent to half of Brazil's current output of 2 million bpd.