MercoPress. South Atlantic News Agency
Stories for August 27th 2014
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Wednesday, August 27th 2014 - 06:33 UTC
Argentina revokes BONY authorization to operate and act as trustee
Argentina's Cabinet Chief Jorge Capitanich confirmed that the country's Office of the Superintendent of Financial and Exchange Institutions has revoked the authorization for the bank of New York Mellon to operate in Argentina.
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Wednesday, August 27th 2014 - 06:24 UTC
Former Colombian president becomes Unasur new secretary general
Former Colombian president Ernesto Samper was confirmed as Unasur Secretary General following a consultation of the group's member countries presidents. The announcement had been delayed because a Union of South American Nations summit to be held in Montevideo this month was suspended.
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Wednesday, August 27th 2014 - 06:11 UTC
Some 200 million people remain vulnerable in Latam despite lesser poverty
More than 56 million people have been lifted out of poverty in Latin America and the Caribbean in recent years, according to the United Nations Development Program (UNDP). But despite the progress, it warned that some 200m people, or 37.8% of the population, remained vulnerable.
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Wednesday, August 27th 2014 - 06:07 UTC
As confidence vanishes, US dollar in Argentina breaks new record: 14.20 Pesos
Despite appeals to national unity from president Cristina Fernandez, the US dollar, Argentina's best test for confidence, climbed 22 cents to a new record in the informal market at the end of Tuesday's trading: 14.20 Pesos.
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Wednesday, August 27th 2014 - 02:51 UTC
Chile ready to act as a 'bridge' between Mercosur and the Pacific Alliance
Chile is ready to act as a 'bridge' between Mercosur and the Alliance of the Pacific so that Latin American can have a greater presence in the world state, said Chilean Deputy foreign minister Edgardo Riveros during a conference in Sao Paulo at the Lula da Silva think-tank.
