International

Monday, February 28th 2011 - 02:14 UTC
World famous solo regatta surprise returns to Uruguay; deterred by violence in Brazil

Velux 5 Oceans. The Ultimate Solo Change is unexpectedly returning to Uruguay after twelve years. The four solo competitors are currently sailing along the South Atlantic and the leading yacht is expected to arrive in Uruguay’s renowned international resort of Punta del Este late Monday.
Monday, February 28th 2011 - 01:30 UTC
UK threatens to pull out of FAO unless it improves its ‘patchy’ performance

Britain threatened to pull out of the Food and Agriculture Organization (FAO), unless it improves its “patchy” performance. The announcement follows a review of British overseas aid ordered by the coalition government.
Sunday, February 27th 2011 - 23:23 UTC
Cuba elected as vice-president of the UN Special Committee on Decolonization

Cuba was elected last week vice president of the United Nations Special Committee on Decolonization, also known as the Committee of the 24, exclusively in charge of promoting a decolonization agenda.
Sunday, February 27th 2011 - 23:14 UTC
China plans to build 45 new airports in the next five years

China plans to build at least 45 new airports in the next five years to serve booming travel, the top industry regulator said last week.
Sunday, February 27th 2011 - 23:10 UTC
India interested in reaching out to Latin America and Mercosur

India is reaching out to emerging markets and Latin America, and more precisely Mercosur is a strategic priority, said India’s Minister for Commerce and Industry Jyotiraditya Scindia addressing the Confederation of Indian Industry (CII) India-Uruguay business conference that hosted a large Uruguayan business delegation led by the country’s Vice-President, Danilo Astori.
Saturday, February 26th 2011 - 05:57 UTC
BBC ends Spanish broadcasts for Latin America; major role in Falklands war

The BBC has ended its radio broadcasts in Spanish for Latin America, 73 years after they first went on air. The service faced its greatest challenge during the Falklands War between Britain and Argentina in 1982.
Friday, February 25th 2011 - 21:29 UTC
China Sinopec completes take over of US Occidental Petroleum assets in Argentina

China Petrochemical Group (Sinopec), China's largest oil refiner announced this week that U.S. Occidental Petroleum Corp. (NYSE:OXY) had completed handing over its Argentinean assets to it.
Friday, February 25th 2011 - 06:23 UTC
Repsol-YPF doubles profits; targets Brazil’s new fields instead of Argentina

Repsol-YPF, Spain’s biggest oil company, said fourth-quarter profit more than doubled after refining margins improved and crude prices increased. Profit adjusted to exclude inventories and one-time items climbed to 499 million Euros from 241 million Euros a year earlier, the Madrid-based company said on Thursday.
Friday, February 25th 2011 - 06:20 UTC
Record profits for world’s largest iron ore producer on China’s insatiable demand

Brazilian mining giant and the world’s largest iron- ore producer Vale SA said its fourth-quarter profit almost quadrupled, because of surging prices for the raw material used to make steel.
Friday, February 25th 2011 - 01:04 UTC
India pledges greater economic cooperation and trade with Uruguay

India pledged on Thursday greater economic cooperation with Uruguay in sectors such as agriculture, pharmaceuticals, textiles, automobiles, machineries and IT. In 2009-10, bilateral trade stood at 64.3 million US dollars.