Economy

• Tuesday, February 14th 2012 - 20:39 UTC

  Argentine transport union promises to boycott all English and UK convenience flag vessels

  

  The Argentine Confederation of Transport Workers, CATT announced Monday a boycott against all those “English vessels” that call in any port of the country to protest the UK “militaristic pretensions” in the Malvinas Islands and South Atlantic.

• Monday, February 13th 2012 - 21:25 UTC

  The Falklands “a fantastic corner of the world with much trade to be done”

  

  “Far beyond expectations; this is a fantastic corner of the world”, said Dr. Nicolas Negrin, Head of Mission for the Uruguayan delegation describing his impression of the Falkland Islands. The 19 member Uruguayan business delegation spent a week in the Falklands and left on Saturday with impressions considerably different to those they had arrived with.

• Monday, February 13th 2012 - 21:00 UTC

  FAO Food Price Index up 2% in January, first increase since July 2011

  

  The FAO Food Price Index rose by nearly two percent or four points from December to January, its first increase since July 2011. According to FAO prices of all the commodity groups in the index registered gains last month with oils increasing the most followed closely by cereals, sugar, dairy products and meat.

• Monday, February 13th 2012 - 20:06 UTC

  “We may be poor but not stupid”, China is not interested in EU government bonds

  

  The head of China’s 410 billion dollars sovereign wealth fund CIC brushed aside a call by German Chancellor Angela Merkel to buy European government debt, saying such investments were “difficult” for long-term investors.

• Monday, February 13th 2012 - 19:53 UTC

  EU/Mercosur hope to resume talks following French presidential election

  

  European and Latin American personalities underlined the peril of falling prey to short term results and forget the long term relation between the two regions which is expected to be re-launched following the French presidential election next April.

• Monday, February 13th 2012 - 07:11 UTC

  The Euro edges up as Greece votes austerity plan: Germany not convinced

  

  The Euro edged up on Monday after Greece's parliament approved an austerity bill that put the country a step closer to securing much-needed funds, though market players worried about more hurdles before lenders seal a bailout deal.

• Monday, February 13th 2012 - 06:01 UTC

  It is official: Uruguay’s UPM-Botnia pulp mill does not contaminate, never has

  

  A huge pulp mill, UPM, which has been at the heart of a several years’ controversy between Uruguay and Argentina, does not contaminate revealed Uruguay’s Foreign Affairs minister Luis Almagro before the Uruguayan parliament.

• Saturday, February 11th 2012 - 07:46 UTC

  Argentina says Uruguay should be grateful for all the investments and jobs created

  

  Relations with the Uruguayan government couldn’t be better, with no obstacles ahead, and much of the success of the Uruguayan economy is influenced by Argentina, said ambassador in Montevideo Dante Dovena.

• Saturday, February 11th 2012 - 07:42 UTC

  Brazilean consumer prices increase 0.56% in January, fastest in nine months

  

  Brazilian consumer prices rose at the fastest pace in nine months in January on higher transport, food and drink costs. Prices increased 0.56% from December, the national statistics agency said in a report distributed in Rio de Janeiro.

• Saturday, February 11th 2012 - 02:15 UTC

  Argentine government and private sector coincide inflation is climbing, and fast

  

  Argentina’s consumer prices inflation reached 0.9% in January, accumulating 9.7% in the last twelve months according to the official Indec national statistics bureau. The index is less than half the private estimate or “Congress index”, 1.9%.