Stories for 2013

Wednesday, October 2nd 2013 - 07:47 UTC
German premium automakers dispute Brazilian market: Mercedes plans factory in Sao Paulo

Germany's Daimler plans to build a new car factory in Brazil, becoming the third German premium automaker to announce such plans within the past year. The company announced it would invest around 170 million Euros to set up a shop in Iracemapolis, near Sao Paulo.
Wednesday, October 2nd 2013 - 07:43 UTC
Dollar drought forces Argentina to extend whitewash law until December 31

Argentina’s President Cristina Fernández has decided to extend the deadline of the whitewash law until the end of December. The recently passed project expired on Monday with 341.5 million dollars entering the country.
Wednesday, October 2nd 2013 - 07:39 UTC
UK reopens embassy in Asuncion which was closed since 2005

The British embassy in Paraguay which was remained closed since 2005 will be reopened this week according to Paraguayan foreign minister Eladio Loizaga. The news was confirmed following a meeting of the Paraguayan official with Foreign Secretary William Hague.
Wednesday, October 2nd 2013 - 07:25 UTC
Falklands Chilean residents celebrate National Day and strong links with Chile

Chilean residents of the Falkland Islands celebrated at Government House in Stanley their national day and the strong connections between the Islands and Chile.
Wednesday, October 2nd 2013 - 07:22 UTC
Divided Berlusconi party could save PM Letta’s coalition in confidence vote

Leading figures in Silvio Berlusconi's own party have defied him by calling on MPs to back the Italian coalition government in a confidence vote. Angelino Alfano, Berlusconi's deputy and secretary of People of Freedom, urged the party to unite behind Prime Minister Enrico Letta on Wednesday.
Tuesday, October 1st 2013 - 20:40 UTC
Argentina’s squid fisheries policy “inconsistent and unsustainable” says expert

Argentina’s latest government’s decisions on squid fishing show that the country’s fisheries policy is “inconsistent and unsustainable,” according to the president of Assistance Food Argentina SA and director of Assistance Food America Inc., Dr. Cesar Augusto Lerena.
Tuesday, October 1st 2013 - 18:32 UTC
US Supreme Court possible action on Argentina/hedge funds case deferred a week

The US Supreme Court on Tuesday took no action on a landmark case pitting Argentina against creditors which could have deep repercussions for financially troubled governments and their creditors. The court had been expected to announce whether it would review the case, but it was not included in a list of cases accepted or denied for review that was released on Tuesday.
Tuesday, October 1st 2013 - 17:40 UTC
Falklands cruise season: Ushuaia warns “Gaucho Rivero” bill will be fully enforced

The “Gaucho Rivero” bill which bans the access of British flagged (red ensign) or convenience flagged vessels which call in the Falkland Islands remains fully in force for Ushuaia, said Marcelo Echazú, head of the Tierra del Fuego Tourism Institute, Infuetur, on announcing this year’s cruise season.
Tuesday, October 1st 2013 - 06:46 UTC
Cristina Fernandez and Mujica in a prudent silence over the pulp mill controversy

Argentine President Cristina Fernández met on Monday with her Uruguayan counterpart José Mujica after the pair inaugurated a new vessel belonging to the ferry company Buquebús, (which joins Montevideo with Buenos Aires), in order to discuss matters related to the controversial UPM pulp plant formerly known as Botnia.
Tuesday, October 1st 2013 - 04:24 UTC
US Congress clash over spending bill rattles world markets

Shares in New York closed lower on Monday as the prospect of a shutdown of some US government activities looks increasingly likely. The Dow Jones closed down 128 points, or 0.84%, while the S&P 500 and Nasdaq fell by 0.60% and 0.27% respectively. However, all three indexes were up for the month, buoyed by a strengthening US economic recovery.