Politics

Tuesday, June 5th 2012 - 23:34 UTC
Uruguay lost competitiveness for sixth month running in April with main trade partners

External competitiveness of Uruguayan goods dropped for the sixth month running in April because locally produced goods’ prices in US dollars dropped less than those of its main trade partners according to figures released by the Central bank.
Tuesday, June 5th 2012 - 23:27 UTC
Paraguayan president and former bishop admits fathering a second child

Paraguayan President Fernando Lugo admitted on Tuesday fathering a second child when he was a Roman Catholic bishop, in an apparent effort to limit damage from the latest paternity scandal to emerge during his four-year-old presidency.
Tuesday, June 5th 2012 - 23:22 UTC
G7 members agree to work together to deal with Spain’s financing problems

The Group of Seven finance chiefs agreed in a teleconference call to work together to deal with the problems hitting Spain and Greece, Japanese Finance Minister Jun Azumi said on Tuesday.
Tuesday, June 5th 2012 - 08:07 UTC
Chile tells Morales “it will not yield sovereignty over any piece of territory”

The Chilean Executive secretary general Andres Chadwick gave full support on Monday to Foreign Affairs minister Alfredo Moreno decision of not attending the Sunday session at the OAS General Assembly in Cochabamba where Bolivian president Evo Morales called for a sovereign sea outlet for his land-locked country.
Tuesday, June 5th 2012 - 08:02 UTC
Argentina in Bolivia after strong OAS declaration in support for Falklands’ claim

Argentina’s Foreign Affairs minister Hector Timerman has a challenging and fragile mission in Bolivia: to obtain strong support from the OAS general assembly for Argentina’s claim over the Falklands/Malvinas’ sovereignty ahead of the UN decolonization meeting in New York which President Cristina Fernandez has promised to attend.
Tuesday, June 5th 2012 - 07:58 UTC
New car sales balloon and housing market stalls with Argentina’s “clamped dollar”

Trading in the Argentine money exchange market on Monday was relatively calm with very few operations in the so called ‘blue’ or ‘parallel’ dollar but with none of the expectations announced by members from President Cristina Fernandez administration.
Tuesday, June 5th 2012 - 07:55 UTC
UK support for ‘threatened’ oil companies and Falklands’ right to develop its own hydrocarbons industry

The United Kingdom gave its full support to the companies involved in oil and gas exploration in Falkland Islands waters, following Argentina’s announcement on Monday it was beginning legal actions against five companies committed to “illegal” and “clandestine” exploration activities in the disputed Malvinas waters.
Tuesday, June 5th 2012 - 03:01 UTC
Argentine concludes takeover of YPF naming new board and confirming CEO

Argentina's government concluded the takeover of the country’s largest oil and gas company on Monday by naming a new chief executive and directors, even when YPF former owner - Spain's Repsol, kept one seat on the board.
Monday, June 4th 2012 - 22:30 UTC
Argentina accepts consultation with EU on trade restrictions and also drags Falklands’ to the dispute

Argentina announced on Monday it had accepted the request from the European Union for a round of consultations, before the World Trade Organization, on the country’s controversial trade policies, but at the same time rejected all and every one of the questioned points and dragged the Falklands’ dispute into the fray.
Monday, June 4th 2012 - 20:56 UTC
Argentina declares Falklands’ oil activities “illegal and clandestine” and anticipates criminal and civil actions

Argentina declared on Monday the oil exploration by UK-listed companies in Falkland Islands waters “illegal” and their activities “clandestine”. Argentina has long claimed the Falklands/Malvinas as part of its territory.