Latin America

• Saturday, March 12th 2016 - 05:40 UTC

  Chile's challenge: disposing 27.700 tons of algae/bloom dead salmon

  

  More than 27,733 tons, equivalent to 72% of the total salmon mortality caused by algae bloom, have been removed from the farms affected by this contingency, Chile's National Fisheries and Aquaculture Service (Sernapesca) informed. In a new report on the emergency affecting the salmon farming industry in the Chilean southern region of Los Lagos, Sernapesca pointed out that 38 farms have been affected by microalgae bloom in the Concession Groups (ACS) 1, 2, 3A, 6, 7, and 10B, with a total mortality amounting to 23.8 million fish, equivalent to more than 38,500 tons.

• Friday, March 11th 2016 - 20:47 UTC

  Odebrecht's involvement in Petrobras corruption scandal costing the conglomerate dearly

  

  The Odebrecht group of companies, whose top officials have been sentenced to prison for involvement in the corruption scheme of Brazil's largest company Petrobras, has come under strong pressure from its creditors to use the crown jewel, the petrochemical company Braskem as collateral to avoid filing for bankruptcy.

• Friday, March 11th 2016 - 05:22 UTC

  Purge in YPF; financial expert chosen as successor of Galuccio

  

  Miguel Ángel Gutiérrez looks is to become the new president of Argentina’s state-controlled energy giant YPF, it was revealed this week after Miguel Galuccio confirmed he will step down as head of the company on April 30.

• Friday, March 11th 2016 - 05:18 UTC

  Brazil's Odebrecht network of alleged bribery practices investigated in several Latin American countries

  

  Argentina is investigating whether the local unit of Brazil's Odebrecht paid bribes to government officials, an Argentine prosecutor said this week, deepening the regional fallout from the biggest corruption scandal in Brazil’s history.

• Thursday, March 10th 2016 - 21:28 UTC

  Catches of Peruvian giant squid are showing a slow recovery: shift of oceans winds

  

  Catches of Peruvian giant squid (Dosidicus gigas) are showing a slow recovery, something that has long been awaited not only by local fishermen and industrialists, but also by the largest processors in Europe and Asia.

• Thursday, March 10th 2016 - 06:26 UTC

  Falklands' sovereignty issues has been solved, says MLA Phyllis Rendell

  

  The member of the Falklands/Malvinas legislative assembly Phyllis Rendell on a private visit to Paraguay openly stated that the South Atlantic archipelago claimed by Argentina is a British Overseas Territory and underlined that the sovereignty issue was settled with a war between the two sides over thirty years ago.

• Tuesday, March 8th 2016 - 07:30 UTC

  Malcorra in Bolivia holds talks on energy, drug trafficking, science development and South Atlantic Islands

  

  Issues related to energy, drug trafficking and border controls, science and technology development, plus support for the South Atlantic Islands and adjoining maritime spaces claim, were among the main issues addressed by Argentina's foreign minister Susana Malcorra during her visit to Bolivia where she met president Evo Morales and her peer David Choquehuanca Cespedes.

• Monday, March 7th 2016 - 04:34 UTC

  Panama wants to be Home Port for cruises, but companies are 'asking too much'

  

  Panama is holding tough negotiations with cruise lines hoping they will return to the country, using local facilities as Home Port, but government authorities admit that the demands from the companies are too high.

• Saturday, March 5th 2016 - 08:59 UTC

  Malcorra sides with Lula da Silva, “hard to believe” what he's going through

  

  Argentine foreign minister Susana Malcorra sided with former president Lula da Silva arguing that it is hard to believe that a leader with such a record is under a criminal investigation, and underlined that all the economic and political scenario of Brazil has a great impact in Argentina.

• Thursday, March 3rd 2016 - 05:11 UTC

  EU top official expected in Argentina to bolster Mercosur/EU trade negotiations

  

  Argentine president Mauricio Macri is scheduled to receive in a week's time the European Union head of foreign affairs, Federica Mogherini who is expected to announce that all is ready to begin, next April, formal negotiations for the long-delayed trade and cooperation agreement between Mercosur and the EU.