Politics

Friday, June 29th 2012 - 05:21 UTC
Argentina insists with 5.1% growth forecast for 2012 despite signs to the contrary

Argentina's government is sticking to its 5.1% growth forecast for 2012 enshrined in the budget, Economy Minister Hernan Lorenzino said on Thursday, despite recent data that shows a sharp deceleration.
Friday, June 29th 2012 - 05:16 UTC
Rousseff unveils 55bn dollars in loans at lower rates for the 2012/13 farm season

Brazilian president Dilma Rousseff has unveiled a 115-billion-Reais (55 billion dollars) loan program aimed at reinforcing agriculture's role as a lever of Brazilian economic growth.
Friday, June 29th 2012 - 04:54 UTC
Ban Ki-moon calls for peaceful resolution of Paraguayan situation

Ahead of a regional meeting on Paraguay, United Nations Secretary General Ban Ki-moon has called on all concerned to “work in the days ahead to ensure the peaceful resolution of differences” which led to the removal of the Paraguayan president.
Friday, June 29th 2012 - 03:00 UTC
Uruguay’s project for a deepwater port on the Atlantic takes off

Uruguay’s government is going forward with plans to build its first deepwater port along the Atlantic coastline in a place called “La Angostura”, an investment estimated in over 700 million dollars and which it wants to use as a platform to begin exporting iron-ore to China.
Friday, June 29th 2012 - 01:29 UTC
China/Chile upgrade link to strategic partnership and expand bilateral free trade accord

China and Chile upgraded their bilateral ties to a strategic partnership and expect to double trade in three years once the bilateral free trade area agreement is completed with investment related supplementary accords.
Friday, June 29th 2012 - 01:24 UTC
China offers 15 billion dollars for infrastructure and better trade terms with Latin America

China has offered to set up a 10 billion dollars credit line for Latin American countries to support infrastructure projects in the region. The proposal was made by China's Premier Wen Jiabao as he wrapped up his visit to the region with a conference at the UN Economic Commission for Latin America and Caribbean, ECLAC, main offices in Santiago de Chile.
Thursday, June 28th 2012 - 21:56 UTC
Overseas Territories White Paper reiterates UK determination to defend the Falklands

Britain reiterated its determination to continue to defend the Falkland Islands and other Overseas Territories on Thursday, an official document known as the White Paper said. The document on the Overseas Territories declares there would be “no weakening” in Britain's resolve.
Thursday, June 28th 2012 - 21:46 UTC
Mantega insists Brazil economy picks up in second half and reaches 2.5% annual growth

Brazil's government has taken measures so that economic growth reaches at least 2.5% in 2012, said Finance Minister Guido Mantega following the announcement of new economic stimulus measures that are expected to accelerate the economy in the second half of the year.
Thursday, June 28th 2012 - 21:39 UTC
Moody’s downgrades 11 Brazilian banks ratings which could be exposed to a debt crisis

US rating agency Moody's had downgraded the ratings of 11 Brazilian banks by one to three notches, almost all of them to the level of Brazil's sovereign credit rating.
Thursday, June 28th 2012 - 20:40 UTC
Falklands’ government accepts content to discuss air links and fisheries with Argentina

The Falkland Islands government announced on Thursday it is content to hold preliminary talks with Argentina on air links and fisheries cooperation as was proposed by Argentine ambassador Alicia Castro to the Foreign Office last April 23, given certain clarifications.