Stories for June 11th 2014

Wednesday, June 11th 2014 - 07:20 UTC
Brazil ready for an 'open arms' welcome like Christ the Redeemer statue pledges Rousseff

President Dilma Rousseff said Tuesday her country was ready to host the World Cup in two days, rejecting criticism of delays, overspending and chaos in the tournament's preparations. However organizing the cup was tough, but she insisted that the 12 stadiums were ready and told foreign fans that Brazil would welcome them with “open arms” like Rio's Christ the Redeemer statue.
Wednesday, June 11th 2014 - 07:12 UTC
Jennifer Lopez will perform on Thursday at the Sao Paulo opening ceremony

Days after reports that US/Puerto Rican singer Jennifer Lopez had canceled her performance with Pitbull and Brazilian singer Claudia Leitte at Thursday opening ceremony in Brazil, her representative retracted and said that she will be there, People magazine reported.
Wednesday, June 11th 2014 - 07:03 UTC
Flooding in Brazil, Paraguay and Argentina, with record rainfall and rivers' swelling

Floods have killed nine people and driven tens of thousands of people from their homes while swelling rivers to record levels in southern Brazil and neighboring Paraguay and Argentina, authorities said Tuesday.
Wednesday, June 11th 2014 - 06:42 UTC
Cristina Fernandez opens Malvinas museum, a living commitment to end colonialism

Argentine President Cristina Fernández had strong words for the UK government, as she headed on Tuesday the inauguration of the Malvinas Museum at the ex-ESMA detention centre, where thousands were illegally held prisoners and tortured during Argentina’s 1976-1983 military dictatorship.
Wednesday, June 11th 2014 - 06:36 UTC
Argentina reiterates Falklands' sovereignty 'unalienable' rights

The government of President Cristina Fernandez reiterated Argentina’s “unalienable right” over the Malvinas Islands and urged the United Kingdom to resume negotiations over the disputed territories. The Ministry of Foreign Affairs described the British government refusal to continue talks as “incomprehensible and inadmissible.”
Wednesday, June 11th 2014 - 02:02 UTC
Argentina port strike at soy-harvest peak, delays 126 ships queuing to load

A strike of dock workers in Argentina's grains and oilseeds export hub Rosario was holding on Tuesday for the second day running 126 ships, which are queuing and waiting to load.
Wednesday, June 11th 2014 - 01:54 UTC
China's Yuan gaining ground as world currency even for the US

SWIFT's Tracker for the Chinese currency (Yuan or Renminbi, RMB) shows that United States' Yuan payments value increased by 327% between April 2013 and April 2014, placing the United States at number three 3 in the world for payments value, excluding China and Hong Kong.
Wednesday, June 11th 2014 - 01:48 UTC
Uruguay issues 2 billion dollars of new 2050 global bond to help spread the country's debt

Uruguay issued 2 billion dollars of a new 2050 global bond on Tuesday at a spread of 165 to 170 basis points over U.S. Treasuries as part of the government's bid to put less strain on its accounts in the near- and medium-term, it was reported.
Wednesday, June 11th 2014 - 01:16 UTC
Chilean government rejects major mega-energy project in Patagonia

A panel of Chilean Cabinet ministers voted unanimously on Tuesday to reject the 3.2 billion dollars HidroAysen mega-project, which envisioned the construction of five power-generating dams in the environmentally sensitive Patagonia region.
Wednesday, June 11th 2014 - 00:39 UTC
UK Praise for Falklands

Hundreds of supporters of the Falkland Islands joined Islanders and Task Force Veterans at the annual reunion in London last night.