Politics

Saturday, September 15th 2012 - 05:54 UTC
The Royal Navy attack submarine, “HMS Ambush” ready for sea trials

In the next few days, the second of the Royal Navy’s Astute Class attack submarine, “HMS Ambush” will leave the BAE Systems shipyard in Barrow-in-Furness in Cumbria, where she was built, and sail to Her Majesty's Naval Base Clyde in Scotland.
Saturday, September 15th 2012 - 05:42 UTC
Obama says his administration has been ‘very aggressive’ in expanding relations with Latin America

US President Barack Obama denied on Thursday contrary to what many of his critics contend that he has neglected Latin America and said that his administration has been “very aggressive” in trying to broaden relations with the region.
Saturday, September 15th 2012 - 05:36 UTC
Argentina pledges to increase corn exports to help ease tight global markets

Argentina pledges to export an extra 2.75 million tons of corn from its 2011-12 harvest to a total of 16.45 million tons helping to ease tight international markets after this summer's drought in the US damaged crops there and fuelled fears of a food crisis.
Saturday, September 15th 2012 - 05:29 UTC
YPF/Chevron signed an understanding to explore for shale gas and oil in Neuquen

Argentina's recently nationalized oil and gas producer YPF SA and the US Chevron Corporation have signed a memorandum of understanding to explore for unconventional energy in Vaca Muerta, in the Patagonian province of Neuquen.
Saturday, September 15th 2012 - 05:24 UTC
Brazil economic activity picks up in July, but will end below 2% in 2012

Brazil’s economic activity rose more than forecast in July, posting the biggest expansion in almost a year. The non-seasonally adjusted economic activity index rose 2.34% from a year earlier after rising 0.99% in June, the central bank said in a report.
Saturday, September 15th 2012 - 05:19 UTC
Two Brazilian mid-sized banks ordered liquidation by monetary authorities

Brazil's central bank ordered the liquidation of Banco Cruzeiro do Sul on Friday after no one stepped up to acquire the troubled lender, raising doubts about government oversight of small and mid-sized banks.
Saturday, September 15th 2012 - 05:13 UTC
Argentina’s money supply adjusted for inflation climbed 22.6% in last 12 months

A benchmark measure of Argentina's money supply rose 34.6% on the year in August, according to the central bank. In its monthly monetary report published late Thursday, the Central Bank of Argentina said its M2 measure of money supply averaged 403.93 billion Argentine pesos (86.6 billion dollars) last month.
Friday, September 14th 2012 - 05:18 UTC
Auction of Pluna’s Bombardier aircraft collapses: terms “non attractive” and “non viable”

Uruguay’s attempt to auction the bankrupt national airline Pluna aircraft collapsed because none of the groups that showed an initial interest turned up arguing that the 136 million dollars for the seven Bombardier CRJ900 NextGen was “not attractive” and considered the whole business deal “non viable”.
Friday, September 14th 2012 - 03:40 UTC
Thousands across Argentina take to the streets to protest against re-re-election

Appealing to social networks thousands of Argentines Thursday evening took to the streets of the country’s major cities to protest some of the latest measures from the government of President Cristina Fernandez including the re-re-election plans and the increasing restrictions to the purchase of dollars.
Friday, September 14th 2012 - 00:51 UTC
Brazilian extends tax breaks to two dozen industries to stimulate economy

Brazil rolled out additional stimulus measures to bolster its sluggish economy on Thursday, extending tax breaks to more than two dozen industries and reducing the cost of acquiring capital goods in a bid to help struggling local businesses.