MercoPress. South Atlantic News Agency
Stories for May 14th 2017
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Sunday, May 14th 2017 - 09:27 UTC
YPF crude and gas output expected to decline 3% in 2017, due to labor problems and bad weather
Argentina's state-run oil firm YPF expects a 3% decline in crude and natural gas output this year due to labor problems and bad weather, Chief Financial Officer Daniel Gonzalez told investors during a conference call in Buenos Aires.
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Sunday, May 14th 2017 - 09:05 UTC
Argentine officials confident economy exited recession and should grow 3% this year
Argentine Treasury Minister Nicolas Dujovne said he was confident the economy would grow more than 3% this year, while another treasury official said the economy had rebounded in March after declining the prior two months.
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Sunday, May 14th 2017 - 08:53 UTC
Brazil retail sales plunge in March; government insists economy will be positive in first quarter
Retail sales in Brazil unexpectedly fell in March at the steepest monthly rate in 14 years, strengthening bets on a bolder interest rate cut at the end of this month. Sales volumes excluding cars and building materials fell 1.9% in March from February, government statistics agency IBGE said. Sales fell 4.0% from the year-earlier period.
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Sunday, May 14th 2017 - 00:03 UTC
UK/Uruguay confirm Antarctic cooperation with Montevideo visit of two BAS research vessels
Two British scientific research vessels coincided in Montevideo in early May at the end of the Antarctic season, in their way back to Southampton. Icebreaker RRS Shackleton and RRS James Clark Ross with sophisticated scientific research equipment and tens of experts in different disciplines spent months in Antarctica and returned to Montevideo, a traditional call port the British Antarctic Survey, BAS.
