Politics

Saturday, June 2nd 2012 - 03:42 UTC
Buenos Aires province farmers on 9 days commercial strike against higher taxes

Farmers Argentina's top agricultural province of Buenos Aires will halt sales of grains and livestock for nine days to protest against a tax hike passed by the local Congress on Thursday, threatening corn and soy shipments from a leading global exporter.
Saturday, June 2nd 2012 - 03:17 UTC
Repsol’s only purpose was “to milk dry” YPF of resources and reserves

Argentine President Cristina Fernandez made the historic decision to nationalize oil and gas company YPF at “the right moment” because Repsol was “milking dry” YPF resources and reserves, said Planning Minister Julio De Vido and Deputy Economy minister Axel Kicillof at a press conference at the Economy ministry in Buenos Aires.
Saturday, June 2nd 2012 - 03:01 UTC
Black Friday for markets; US dismal jobs report and European crisis

US stocks fell more than 2% on Friday, dragging the Dow Jones into negative territory for the year after a dismal US jobs report added to fears that Europe's spiralling debt crisis was dragging down the world economy.
Saturday, June 2nd 2012 - 02:49 UTC
Euro zone unemployment hits a new record low: 17.4 million out of work

Euro zone unemployment has hit a record high, and job losses are likely to keep climbing as the bloc's devastating debt crisis eats away at businesses' ability to hire workers while indebted governments continue to cut staff.
Friday, June 1st 2012 - 07:07 UTC
US delegation at OAS assembly will reiterate Falklands/Malvinas a bilateral issue

United States will reiterate at the coming OAS General Assembly that the Falklands/Malvinas Islands difference is a bilateral issue to be resolved between Argentina and the UK, which means the US delegation, will not take position in a possible declaration in support of Argentina.
Friday, June 1st 2012 - 06:52 UTC
Paraguayan president returns after a two-week controversial tour of Asia

Paraguayan President Fernando Lugo returns home this week after a two-week” tour of Asia where he went in search of new markets for Paraguay’s two largest exports, beef and soy.
Friday, June 1st 2012 - 06:46 UTC
Lack of political support freezes Chile’s biggest multi-dam project

Chile’s biggest dam project involving 7 billion dollars and already delayed by protests over plans to flood 14,000 acres of Patagonia wilderness, suffered a fresh setback after one of its investors said the venture lacks political support to proceed.
Friday, June 1st 2012 - 06:37 UTC
Discreet Brazilian congress: with no claimants panties are finally incinerated

A pair of panties that fell out of a Brazilian legislator's pocket onto the floor of Congress two weeks ago has been burned after no one claimed them. Fifteen days ago, a group of federal deputies came running into Congress to vote on a bill related to cyber crimes, reported Brazilian newspaper O Globo.
Friday, June 1st 2012 - 06:35 UTC
Greater transparency and social communication for Brazil’s central bank

Brazil’s central bank created a post on its board to improve transparency and communications two weeks after President Alexandre Tombini said it’s increasingly important for central banks to provide “forward guidance” to the market.
Friday, June 1st 2012 - 02:24 UTC
Uruguay looks to China to expand trade and services, and attract more investment

Uruguay looks forward to increase trade with China in value and diversification as Beijing commands a bigger economic and cooperation role in South America, Uruguayan Foreign Minister Luis Almagro said in an interview with China Daily.