Stories for October 2014

Friday, October 10th 2014 - 05:30 UTC
Industrial activity in Argentina down 2.9% in eight months of the year

Industrial activity in Argentina dropped 4.9% during August compared to the same month a year ago, reported the Argentine Industrial Union (UIA), the country's most influential manufacturers' lobby. This represents its sixth straight fall and a 2,9% decline for the first eight months of 2014.
Friday, October 10th 2014 - 05:25 UTC
Buenos Aires City inflation in September up 2.2% and 40.3% in twelve months

The Buenos Aires City consumer price index climbed 2.2% during September accumulating 40.3% in the last twelve months according to the latest release from the City's stats office. So far this year (nine months) inflation has reached 31.1%
Friday, October 10th 2014 - 05:18 UTC
Rousseff and Neves in 'statistical tie' according to the latest opinion polls

Pro-business candidate Aecio Neves has a slight lead of 2 percentage points over President Dilma Rousseff ahead of the October 26 runoff in Brazil's presidential elections, according to two new polls released on Thursday.
Friday, October 10th 2014 - 05:14 UTC
French writer Modiano Nobel Literature Prize for his “art of memory”

France's Patrick Modiano won the Nobel Literature Prize on Thursday for his enigmatic novels rooted in the trauma of the Nazi occupation and his own loveless childhood.
Friday, October 10th 2014 - 05:01 UTC
Latam headed for a third year of foreign trade stagnation, reports ECLAC

Latin America and the Caribbean's foreign trade will experience its third year of stagnation in 2014, because of minimal growth in exports and a slight decline in imports, the Economic Commission for Latin America and the Caribbean (ECLAC) reported on Thursday.
Friday, October 10th 2014 - 04:47 UTC
Damon Albarn apologizes to Argentina for Top Gear's offensive behavior

Damon Albarn has apologized to the people of Argentina after Top Gear offended the population with an inappropriate number plate while filming their BBC show in the country. In effect during his set at one Buenos Aires main theatres this week the Blur front-man called To Gear's Jeremy Clarkson a “f****** a*****” over the serious gaffe.
Thursday, October 9th 2014 - 10:36 UTC
YPF goes overseas: signs agreement with Ecuador to recover mature fields

Argentina's state-run energy company YPF closed on Wednesday an agreement with Ecuador's state-owned company Petroamazonas for the enhanced recovery of the mature field of El Campo Yuralpa which will demand an investment in the range of 170 million dollars.
Thursday, October 9th 2014 - 08:28 UTC
Brazil's Socialist party announces support for Neves on 26 October runoff

The political party that launched environmentalist Marina Silva's unsuccessful presidential bid has thrown its support behind pro-business candidate Aecio Neves for Brazil's Oct. 26 runoff vote against populist President Dilma Rousseff.
Thursday, October 9th 2014 - 08:23 UTC
“Holdouts” reveal alleged money laundering operations of business people close to Cristina Fernandez

The American Task Force (AFTA) sponsored by 'holdouts' NML in litigation with Argentina over sovereign bonds payment, revealed on Wednesday foreign accounts of Argentine public works contractor, believed to be involved with the Kirchner family businesses, Lazaro Baez, and showed a map with the money movement, allegedly committing the crime of money laundering.
Thursday, October 9th 2014 - 08:14 UTC
A blow for Dilma: Brazil's September inflation at its highest in three years

Brazil's annual inflation rate in September rose way above the official target to the highest in nearly three years, giving fresh ammunition to opposition candidate Aecio Neves in a run-off vote later this month against President Dilma Rousseff.