Latin America

• Sunday, September 15th 2013 - 18:10 UTC

  China in ‘crucial’ restructuring stage, ‘much needed to sustain economic growth’

  

  China's economy is going through a “crucial” stage of restructuring, says the country's Premier, Li Keqiang. Speaking at the World Economic Forum in the Chinese port city of Dalian, Mr Li pledged to improve relations with foreign firms.

• Friday, September 13th 2013 - 02:21 UTC

  UPM assessed as industry leader in environmental sustainability

  

  Finland’s energy and pulp UPM group has again been named among the world's sustainability leaders. The company has retained its position in both the Dow Jones European and World Sustainability Indices (DJSI) for 2013-2014. Furthermore, the company has been assessed as the industry leader in environmental sustainability within the Paper and Forest Products sector with top scores.

• Friday, September 13th 2013 - 02:16 UTC

  Argentina confirms that the Malvinas question has become a Latinamerican strategy issue

  

  Javier Figueroa head of the Malvinas Desk at the Argentine Foreign ministry said that it is strategic to make the “Malvinas question” a Latinamerican issue. Figueroa made the statement during a meeting of Central America and Caribbean Malvinas Solidarity groups which opened Thursday in Havana.

• Friday, September 13th 2013 - 01:34 UTC

  Argentina forecasted to expand 5.1% this year and 6.2% in 2014, says budget presented to Congress

  

  Argentina's economy is expected to grow 6.2% next year, while GDP in 2013 is forecasted to expand 5.1% boosted by a massive grains harvest and the automobile industry, Economy Minister Hernan Lorenzino said on Thursday while presenting the 2014 budget bill before Congress.

• Friday, September 13th 2013 - 00:43 UTC

  US farmers’ agri-business cooperative opens office in Montevideo

  

  CHS Inc., a United States farmer-owned cooperative and a global agribusiness, announced it has opened an office at Montevideo, Uruguay, making it the fourth South American nation in which CHS has operations.

• Friday, September 13th 2013 - 00:31 UTC

  President Rousseff pushing new legislation forcing internet companies to comply with Brazilian rules

  

  President Dilma Rousseff is pushing new legislation that would seek to force Google, Facebook and other internet companies to store locally gathered data inside Brazil. The requirement would be difficult to execute, technology experts say, given high costs and the global nature of the Internet.

• Friday, September 13th 2013 - 00:27 UTC

  Serious rioting in Santiago marks the fortieth anniversary of Pinochet’s coup

  

  At least 42 policemen were injured and 264 protesters arrested in violent clashes as Chile marked the 40th anniversary of the coup that brought Augusto Pinochet to power, officials said on Thursday.

• Thursday, September 12th 2013 - 04:50 UTC

  OAS will monitor Panama general elections next 4 May 2014

  

  The Organization of American States, OAS, Electoral Observation Mission is visiting Panama to monitor the organization of the General Elections of May 4, 2014, in response to an invitation from the country’s electoral and governmental authorities.

• Thursday, September 12th 2013 - 02:01 UTC

  Second pulp mill in Uruguay delays beginning production until next year

  

  The second pulp mill in Uruguay, Montes del Plata is not expected to begin operations until the first half of next year, according to the latest reports from the same corporation which is an association of Chile’s Copec and Finland’s Stora Enso.

• Thursday, September 12th 2013 - 01:14 UTC

  Latam trade and growth reflects the weak global economy says Eclac

  

  The foreign trade performance of Latin America and the Caribbean reflects the weak global economy. Regional export values are expected to grow by just 1.5% in 2013 (3% in volumes and -1.5% in prices) - which is similar to the 1.4% growth observed in 2012.