Latin America

Friday, March 22nd 2013 - 07:19 UTC
Argentina threatens with ‘flexible imports’ to ensure supply of consumer goods

Argentine president Cristina Fernandez announced the government is prepared to make imports more flexible in those areas where a few companies have a quasi-monopoly control, but also warned about windfall profiteering.
Friday, March 22nd 2013 - 06:43 UTC
Chilean experts investigate death of millions of dead prawns washed to the coast

Chilean experts and prosecutors are investigating the appearance of millions of dead prawns that washed up on a beach in southern Chile this week carpeting a three-kilometre strand in red.
Friday, March 22nd 2013 - 06:36 UTC
Pescanova planning to sell assets in Chile to reorganize finances

The main creditor banks of the Galician multinational firm Pescanova, (which is under a probe from the Spanish stock market regulator), argue that the only way the firm can reorganize its financial situation is through the total or partial sale of its subsidiary in Chile by means of a Preventive Judicial Agreement.
Friday, March 22nd 2013 - 02:18 UTC
India, seventh market for Brazilian exports; bilateral trade reaches 10.6bn dollars in 2012

By R. Viswanathan - India's trade with Brazil reached 10.6 billion dollars in 2012 (January to December), increasing by 15% from 9.2bn in 2011. Twenty years back, in 1992 bilateral trade was just 177 million dollars. Ten years back, in 2002, it was 1.2 billion dollars.
India's exports to Brazil declined in 2012 to 5.04bn from 6bn dollars in 2011.
Thursday, March 21st 2013 - 06:36 UTC
Capriles says that with the devaluations Maduro is destroying the 14 years of Chavez achievement

Venezuelan opposition candidate Henrique Capriles claimed that acting president Nicolas Maduro with his latest decision approving a new devaluation of the local currency Bolivar is destroying the country, and he is achieving it in the hundred days he has been running the government.
Thursday, March 21st 2013 - 06:30 UTC
Venezuela plays the ‘US interference card’ suspends dialogue with Washington

The Venezuelan government said on Wednesday it has suspended a “channel of communications” with Washington as it escalates tension and polarizes public opinion ahead of elections to replace the late president Hugo Chavez.
Thursday, March 21st 2013 - 06:14 UTC
Urgent meeting of Argentine economic team as US dollar jumps 10% to 8.75 Pesos

President Cristina Fernandez called an urgent meeting on Wednesday evening of her economic team following a day of hectic trading in the currency exchange market which had the US dollar climb to 8.75 Pesos in the parallel market, expanding the gap with the official rate to almost 70%.
Thursday, March 21st 2013 - 02:33 UTC
Mexico and Brazil approve visa exemption for short stays

The governments of Mexico and Brazil have agreed to the exemption of the short-stay visas in ordinary passports for their citizens. The move is designed to increase the flow of travellrs between the two nations.
Thursday, March 21st 2013 - 02:28 UTC
Cruise vessel calls increased 9.3% so far this season in Uruguay

The number of cruise-vessel calls in Uruguayan ports has increased 9.3% so far in this 2012/13 season with an influx of 20 million dollars for the local economy revealed Deputy minister of Tourism Antonio Carambula during a primary evaluation of business vis-à-vis the 2011/12 results.
Thursday, March 21st 2013 - 02:22 UTC
South America again attracting migrants looking for jobs and residence

South American countries, as in other times are again attracting migrants looking for work and a place to live, according to a report from the International Organization for Migration, IOM, which states that the US and Canada continue to lead immigrant preferences in the Americas but interest has started to drop.