MercoPress. South Atlantic News Agency
Stories for January 16th 2014
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Thursday, January 16th 2014 - 09:34 UTC
Argentine central bank reserves fall below the 30bn dollars threshold
Argentine central bank international reserves continued to erode and on Wednesday pierced through the 30bn floor threshold reaching 29.858bn dollars, the lowest level since November 2006. On Tuesday reserves stood at 30.019bn.
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Thursday, January 16th 2014 - 09:28 UTC
Malvinas war veteran plans to visit Falklands cemeteries with a message from Francis
Pope Francis blessed crucifixes and rosaries which will be taken to the Argentine and British cemeteries in the Falkland Islands by an Argentine war veteran. The Pope during the blessings called for peace “among the peoples” of the world.
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Thursday, January 16th 2014 - 09:22 UTC
US dollar reaches new record in Argentina, 11.25 Pesos
The US dollar in Argentina continued to climb on Wednesday and reached new highs both in the official market and in parallel trading or the 'blue market'. The official rate closed at 6.75 Pesos to the greenback while the 'blue' reached a record 11.25 Pesos (selling price) with a 66.5% gap between both markets.
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Thursday, January 16th 2014 - 09:17 UTC
Brazil raised the benchmark rate to 10.5%: combating inflation the target
Brazil's central bank raised its benchmark interest rate on Wednesday to 10.50% from 10%, a larger-than-expected hike aimed at curbing inflation in spite of a weak economy. The decision by the bank's monetary policy committee, Copom, was unanimous.
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Thursday, January 16th 2014 - 09:04 UTC
Open pit mining project in Uruguay questioned in Parliament and by environmentalists
A major open pit mining project in Uruguay to extract and export magnetite (a kind of iron ore) and which the government of President Jose Mujica plans to instrument this month has been exposed to a battery of criticism because the administration refuses to show the terms of the contract and farm groups argue there is no final environment impact assessment study.
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Thursday, January 16th 2014 - 08:37 UTC
Falklands Daily Telegraph poll: majority of votes came from Argentina
The Daily Telegraph stated on Wednesday that two thirds of the votes in the Falklands/Malvinas poll came from Argentina. The British newspaper argued that the Argentine vote-flow followed “a social media campaign”.
