Mercosur

• Saturday, August 31st 2013 - 15:30 UTC

  Falklands’ lawmaker arrives in Uruguay to inform on business opportunities in the Islands

  

  Falkland Islands member of the Legislative Assembly Dick Sawle will be in Montevideo 2-6 September, after spending a week in Brazil involved in business, academia and informal political contacts sponsored by the Foreign Office. In Uruguay according to the official release MLA Sawle will inform about business opportunities with the Falklands and to strengthen the historical ties with Uruguay.

• Saturday, August 31st 2013 - 15:27 UTC

  Uruguay fearing the wrath of Cristina Fernandez denies authorization to expand pulp mill capacity

  

  The Uruguayan government fearful of Argentine President Cristina Fernandez’s reaction will not authorize the local UPM pulp mill to expand its production capacity from 1 million to 1.3 million tons annually, in the short term, according to company and government sources.

• Wednesday, August 28th 2013 - 21:56 UTC

  Brazil raises benchmark interest to 9% hoping to rein in inflation

  

  Brazil raised on Wednesday its Selic benchmark interest rate to 9% from 8.5% in a further attempt to rein in inflation. The central bank's monetary policy committee, the Copom, voted unanimously for a third straight half percentage point rate rise.

• Wednesday, August 28th 2013 - 14:22 UTC

  UK reaffirms support for Gibraltar; Picardo meets with PM Cameron and Hague

  

  British Prime Minister David Cameron office has highlighted the significance of Chief Minister Fabian Picardo’s visit to No 10 Downing Street as an indication of the relationship and support of UK for Gibraltar.

• Wednesday, August 28th 2013 - 14:13 UTC

  Falklands’ lawmaker invites Brazilian companies to join Islands oil industry development

  

  The sovereignty issue should be left aside and talks should concentrate on the business opportunities offered by the oil industry in the Falkland Islands, said lawmaker Dick Sawle during an interview with AP in Brazil where he is on a week long visit of business and political contacts.

• Tuesday, August 27th 2013 - 01:39 UTC

  Paraguayan president plans round of visits to Mercosur neighbours

  

  Paraguayan president Horacio Cartes will be making a round of visits to neighbouring countries beginning with Argentina, which will be followed by Brazil, Uruguay and Chile before the end of the year, revealed foreign ministry sources.

• Friday, August 23rd 2013 - 23:22 UTC

  Falklands reviewing tax returns from oil industry but confident ‘an acceptable outcome can be reached’

  

  The Falkland Islands government is reviewing a tax return submitted by one of the oil companies currently operating off-shore the Islands and is confident a mutually acceptable outcome can be reached.

• Friday, August 23rd 2013 - 23:18 UTC

  Falklands’ lawmaker begins round of contacts in Brazil’s main cities

  

  Falkland Islands lawmaker Dick Sawle is expected next week in Brazil where he will be meeting representatives from the business community, students’ organizations and share lunch with a group of members of Congress, announced British ambassador in Brasilia Alex Ellis.

• Friday, August 23rd 2013 - 23:12 UTC

  Falklands’ oil companies banned 20 years from operating in Argentina by Cristina Fernandez

  

  Four London AIM listed oil companies carrying out exploration work in Falkland Islands waters have been barred from operating in Argentina. The measure affects Borders & Southern Petroleum, Desire Petroleum, Argos Resources and Falkland Oil and Gas.

• Friday, August 23rd 2013 - 03:47 UTC

  Uruguay closer to ALBA than to the Pacific Alliance says foreign minister

  

  Uruguay is closer to joining the Bolivarian alliance for the Americas, (ALBA) than the Pacific Alliance said Uruguayan foreign minister Luis Almagro to a packed audience with government officials, local businesspeople and diplomats. He also argued that the ‘tail wind’ that has been so favourable for Latinamerica ‘was over two years ago”.