Politics

Monday, November 4th 2013 - 05:48 UTC
Argentina will continue with its policy of 'containing' imports, says Moreno

Argentina Secretary of Domestic Trade Guillermo Moreno anticipated that the current policy implementing obstacles to contain foreign trade will continue to promote the domestic market and production, and ”because I follow the orders from the President (Cristina Fernandez)”.
Monday, November 4th 2013 - 05:43 UTC
Uruguay extends UPM pulp mill production license for another three years

The Uruguayan government announced it has renewed until 2016 Botnia/UPM pulp mill license so it can continue with production since it complies with the necessary environmental requisites and is committed to the additional standards demanded, said Housing and Environment minister Francisco Beltrame.
Monday, November 4th 2013 - 05:38 UTC
Malvinas: Panama reaffirms support for Argentina; disregards links with Falklands

Panama reaffirmed its support for Argentina and its sovereignty claim over the Falklands/Malvinas Islands following on a complaint from Buenos Aires regarding a trip of Panamanian lawmakers to the Islands invited by the local government
Monday, November 4th 2013 - 00:30 UTC
IDB financing for private sector 90 MW wind farms in Uruguay

The Inter-American Development Bank (IDB) approved a private sector loan for up to 132.6 million to partially finance the construction of the Carapé I and II wind farms in Uruguay.
Sunday, November 3rd 2013 - 03:18 UTC
US appeals court rules in favor of Argentina; rejects lift of stay requested by hedge funds

A US appeals court said on Friday it would leave a freeze in place on an order requiring Argentina to pay 1.33 billion dollars to bondholders suing for full face repayment in the wake of the country’s 2002 default.
Sunday, November 3rd 2013 - 03:14 UTC
Germany/Brazil initiative at the UN to end excessive electronic surveillance

Germany and Brazil circulated a draft resolution to a U.N. General Assembly committee on Friday that calls for an end to excessive electronic surveillance, data collection and other gross invasions of privacy. The draft resolution does not name any specific countries, although U.N. diplomats said it was clearly aimed at the United States, which has been embarrassed by revelations of a massive international surveillance program from a former US contractor.
Sunday, November 3rd 2013 - 01:12 UTC
Former Paraguayan president ambassador in Argentina to improve 'Mercosur links'

Former Paraguayan president Nicanor Duarte Frutos is scheduled to arrive this week in Buenos Aires where he will be taking the post of ambassador in Argentina one of the most politically important for the land-locked country.
Sunday, November 3rd 2013 - 00:42 UTC
Brazil posted in September its highest primary budget deficit in five years

Brazil posted a primary budget deficit of 9.048 billion Reais (4.1 billion dollars) in September, its biggest in nearly five years and the government reacted announcing a plan of cuts fearing an impact from credit rating agencies.
Saturday, November 2nd 2013 - 21:03 UTC
Mujica says Argentina's attitude in Mercosur is 'insular' and shatters integration

Uruguay President José “Pepe” Mujica questioned Argentina’s recent decision to stop freight transfers at ports belonging to Mercosur countries Buenos Aires has no maritime agreements with. Mujica blasted an “insular” position that “shatters” regional integration.
Saturday, November 2nd 2013 - 15:55 UTC
Unemployment in Euro-zone remained at record high 12.2% in September

The unemployment rate in the 17-nation Euro-zone remained at a record high of 12.2% in September as the bloc’s recent recovery failed to generate new jobs, official data shows. The number rose by 60,000 to 19.45 million, while the jobless rate for those aged under 25 edged up to 24.1% from 24% in August, according to Eurostat, the European Union’s statistics agency.