Stories for May 2017

Thursday, May 18th 2017 - 21:30 UTC
Argentina applies to join the China led Asia Infrastructure Investment Bank

Foreign Minister Malcorra Susana said on Wednesday that Argentina has applied to join the China-led Asian Infrastructure Investment Bank (AIIB) and is willing to be actively involved in the Belt and Road Initiative.
Thursday, May 18th 2017 - 17:36 UTC
YPF targets US$ 10 cost per barrel at Vaca Muerta shale deposits, by end of 2018

Argentina's oil corporation YPF plans to match United States costs in developing non conventional energy, by the end of 2018. This refers to the very rich shale deposits of Vaca Muerta, with a target of 10 dollars per barrel and for this purpose it has started a program of experimental drillings.
Thursday, May 18th 2017 - 11:57 UTC
An Argentine human rights reference indicted for misuse of public funds

A judge in Argentina has indicted the head of human rights organization the Mothers of Plaza de Mayo. Hebe de Bonafini, 88, has been charged with misusing public funds allocated to a social housing project.
Thursday, May 18th 2017 - 11:04 UTC
Army troops sent to western Venezuela region to quell riots and looting

Venezuela’s government said on Wednesday it was sending troops to the western region of Tachira, rocked by violence during anti-government protests, as the United Nations Security Council prepared to discuss the crisis.
Thursday, May 18th 2017 - 10:56 UTC
Brazilian ambassador will return to Venezuela next week

Brazil's ambassador to Venezuela, withdrawn last year during tensions between the two neighbors, will return to Caracas next week, Defense Minister Raul Jungmann said Wednesday.“Next Monday, the ambassador of Brazil will return to his place in Venezuela as a gesture of goodwill,” Jungmann told journalists in Brasilia.
Thursday, May 18th 2017 - 10:36 UTC
Brazil faces humanitarian crisis in Venezuelan border as thousands spill over

Brazil is concerned about growing numbers of refugees spilling over its border from Venezuela and is creating a plan to deal with a possible mass influx if the crisis in Venezuela worsens, Brazilian Defense Minister Raul Jungmann said on Wednesday.
Thursday, May 18th 2017 - 09:03 UTC
Seism in Brazil: Temer could soon be joining Rousseff at the removed ex presidents' club

Brazil's President Michel Temer faced calls for his removal Wednesday after a newspaper reported that he had been recorded discussing payments of hush money to a corrupt politician. Temer immediately denied the report in O Globo newspaper.
Wednesday, May 17th 2017 - 21:15 UTC
Something smells rotten in Brazilian food companies: probes into bribed inspections

Brazilian police on Tuesday opened two separate investigations into whether certain food companies improperly received favorable treatment from the Agriculture Ministry, the latest probe ensnaring the powerful farming sector. The probes into whether inspection procedures were relaxed for meatpacking, dairy and other food companies come two months after industry leaders JBS SA and BRF SA were rocked by allegations of bribing food inspectors.
Wednesday, May 17th 2017 - 20:06 UTC
Stranded reefer loss in South Atlantic confirmed: “no oil pollution was observed”

The managers of “Uruguay Reefer”, the vessel adrift in the South Atlantic after she suffered massive water ingress finally sunk 210 NM outside the Falkland Islands Conservation Zone at 6.000 meters of water.
Wednesday, May 17th 2017 - 17:44 UTC
.Brazil seems to be climbing out of the worst recession in history

Brazil is set to show a return to growth, the Central Bank indicated Monday, raising hopes that Latin America’s biggest economy could be inching out of a two-year recession.