Stories for August 2019

Thursday, August 1st 2019 - 15:22 UTC
Barrick Gold to invest 34 million dollars over two years on Argentina's Veladero mine

Canadian mining giant Barrick Gold Corporation, which co-owns the Veladero mine in San Juan together with the Chinese Shandong Gold Group, has announced a plan to invest US $ 34 million over the next two years, to extend the deposit's profitability beyond 2028.
Thursday, August 1st 2019 - 12:56 UTC
Argentine consumers spend significantly less in July

Another strong decline in mass consumption at Argentine supermarkets was reported Wednesday by the Crónica news outlet, which would show a sharp deterioration in purchasing power as a result of President Mauricio Macri's economic policies.
Thursday, August 1st 2019 - 12:48 UTC
Uruguayan First Lady passes away at age 82

María Auxiliadora Delgado, the wife of Uruguay's President Tabaré Vázquez, has died in Montevideo, the government announced in a statement.
Thursday, August 1st 2019 - 09:59 UTC
Argentines are “very easy” to relate to, says Ambassador Kent in BA

Britain's ambassador to Buenos Aires Mark Kent Wednesday said in a live TV interview that Argentines are “very easy” to relate to and highlighted their sense of humour, which he found very similar to that of the people back in his home land.
Thursday, August 1st 2019 - 09:58 UTC
Maduro's former Vice President wanted by US for “international narcotics trafficking”

United States immigration officials have added Venezuelan government minister Tareck El Aissami, a suspected drug smuggler, to their list of most wanted fugitives, they said on Wednesday.
Thursday, August 1st 2019 - 09:57 UTC
Trump declares Brazil a trusted major non-NATO ally of the US

President Donald Trump on Wednesday boosted Brazil's status as a US military ally, easing the path for the Latin American giant to buy more sophisticated weaponry. In a notice sent to the State Department, Trump said, “I hereby designate the Federative Republic of Brazil as a major Non-NATO Ally of the United States,” referring to the powerful North Atlantic Treaty Organization (NATO).
Thursday, August 1st 2019 - 09:56 UTC
Brazilian tribal chief allegedly murdered will be exhumed for an autopsy

The body of a tribal chief allegedly murdered deep inside the Amazon in northern Brazil will be exhumed for an autopsy, officials said on Wednesday following international outcry over his death.
Thursday, August 1st 2019 - 09:56 UTC
Brazilian miner Vale reports quarter loss: US$ 2bn write-downs to compensate for deadly dam bursts

Brazilian miner Vale SA on Wednesday said it swung to a quarterly loss as the company announced more than US$2 billion in fresh write-downs related to two deadly dam bursts suffered by the company over a period of less than four years.
Thursday, August 1st 2019 - 09:36 UTC
South America expected to grow 0.2% in 2019, forecasts CEPAL

Hit by five years of “economic slowdown,” Latin America's economy will grow by barely 0.5% this year, the United Nations economic commission for the region said on Wednesday, well below the 1.3% projected in April.
Thursday, August 1st 2019 - 09:27 UTC
US/China “candid” trade talks, but no breakthrough; next meeting in September in Washington

U.S. and Chinese negotiators ended a brief round of trade talks on Wednesday with little sign of progress and agreed to meet again in September, prolonging an uneasy truce in a year-long trade war between the world’s two largest economies.