Stories for 2013

Monday, October 7th 2013 - 14:16 UTC
World 2013/14 cereal production forecasted to surpass 2012 level by 8%, says FAO

The outlook for global cereal supply in the 2013/14 marketing season remains generally favorable despite downward adjustments to forecasts for world cereal production and closing stocks, according to the latest issue of FAO quarterly Crop Prospects and Food Situation report.Despite this downward adjustment, world cereal production would still surpass the 2012 level by nearly 8%.
Monday, October 7th 2013 - 13:42 UTC
Claims Canada spied on Brazil’s Mining and Energy Ministry

Canada spied on communications at Brazil's Mining and Energy Ministry, according to Canadian intelligence documents revealed Sunday by Globo television. The documents were leaked by former US intelligence contractor Edward Snowden.
Sunday, October 6th 2013 - 07:01 UTC
UPM conflict: Argentine protestors will not be allowed to cross to Uruguay, warn officials

Residents from Gualeguaychú, Argentina confirmed that on Sunday they will attempt crossing an international bridge to Uruguay to protest the production expansion of the pulp mill Botnia/UPM, authorized by the government of President Jose Mujica. This despite the fact Uruguayan officials anticipated that at the most “eight or nine” Argentine officials and representatives from the protestors will be allowed to meet with their Uruguayan counterparts to discuss the situation.
Sunday, October 6th 2013 - 06:56 UTC
IMF raises Uruguay’s 2013 growth estimate but lowers 2014 forecast

The IMF raised its 2013 economic growth forecast for Uruguay, but lowered its estimates for 2014, saying growth had “moderated to a more sustainable pace” after a decade of strong expansion.
Sunday, October 6th 2013 - 06:51 UTC
Petrobras sells to Shell two oil prospects offshore Uruguay

Brazil’s state-run oil company Petrobras approved the sale of the company's stake in two oil prospects in Uruguay's Punta del Oeste Basin to Royal Dutch Shell Plc for 17 million dollars, according to a filing late on Friday. The two prospects are identified as Blocks 3 and 4.
Sunday, October 6th 2013 - 06:40 UTC
Falklands ‘confident’ about ‘mutually acceptable outcome’ on taxes with oil company

The Falkland Islands Government remains, “confident that a mutually acceptable outcome can be reached with Rockhopper,” on the matter of their tax bill from FIG, confirmed Financial Secretary Nicola Granger last week and indicated the situation would have no impact on local tax laws.
Sunday, October 6th 2013 - 06:31 UTC
Cristina Fernandez prescribed 30 days medical rest, until after mid-term election

Argentine President Cristina Fernández was diagnosed “chronic subdural collection” and prescribed one month of rest after suffering cardiac arrhythmia, according to the official release from Government House on Saturday. Vice President Amado Boudou will manage the Cabinet for the upcoming 30 days.
Friday, October 4th 2013 - 17:05 UTC
Cristina Fernandez accuses “part of US judiciary” of wanting Argentina to default

Argentine President Cristina Fernandez has accused part of the United States judiciary of wishing to take Argentina “to default”, comparing Argentina’s situation with that which currently faces US counterpart Barack Obama.
Friday, October 4th 2013 - 07:07 UTC
UK and OAS analyze drug situation in the Americas and different approaches

The Secretary General of the Organization of American States (OAS), José Miguel Insulza, met on Thursday with the Minister of State for Crime Prevention of the United Kingdom, Jeremy Browne, with whom he analyzed the drug situation in the region.
Friday, October 4th 2013 - 07:05 UTC
UK offers Paraguay cooperation in transport and infrastructure at embassy ceremony

The UK is back in full force in Latinamerica, and particularly in Paraguay, the fastest growing economy in the region, said Foreign Office minister Hugo Swire during the inauguration of the British embassy in Asunción, which had been shut down back in 2005.