Stories for August 13th 2010

Friday, August 13th 2010 - 07:03 UTC

Unasur, Argentina, Venezuela condemn car-bomb “terrorist action” in Colombia

Presidents Santos and Chavez coincided in describing the attack

The Union of South American Nations, Unasur, Argentina and Venezuela were among several to condemn the car bomb attack perpetrated Thursday morning in the Colombian capital, Bogotá that left at least nine people injured and which President Juan Manuel Santos described as a “terrorist action”.

Friday, August 13th 2010 - 07:00 UTC

“Discriminatory trade” measures could limit Chinese interest in Argentina

In spite of smiles and promises, Mrs Kirchner and Hu Jintao can’t agree on soy-oil

As China is gaining ever wider economic influence, Argentina runs the risk of losing the opportunity to benefit from the trend by keeping discriminatory measures against Chinese products, an Argentine expert warned.

Friday, August 13th 2010 - 06:55 UTC

San Jose tragedy: Piñera demands resignation of mining regulatory board

President Pi?era during his statement

Chilean president Sebastián Piñera called for the resignation of top officials from the national mining regulatory body (the National Geologic and Mining Service of Chile, Sernageomin) as a result of last Thursday’s mine collapse in northern Chile, where 33 miners remain trapped. Sernageomin’s national director, the regional director and the sub-director of were all named in the announcement.

Friday, August 13th 2010 - 06:51 UTC

Grant to expand water services in Uruguayan rural communities and schools

Uruguay’s water works company OSE must provide the matching funds

The Inter-American Development Bank approved a 6.85 million USD grant to expand access to better sanitation and water services in Uruguayan rural communities and schools.

Friday, August 13th 2010 - 06:48 UTC

Indian, Brazilian, South African navies in trilateral war games

The Indian Navy Destroyer INS Mysore

Four Indian warships are being dispatched for a two-month-long overseas deployment along the African coast this week, which will culminate in complex trilateral war games among Indian, Brazilian and South African navies.

Friday, August 13th 2010 - 06:39 UTC

Argentine wheat farmers slash land sown to a 111 year low, says FT

The rich pampas with less wheat but covered in soybeans

British newspaper “The Financial Times” has run a story focusing on Argentina's wheat production, explaining that due to export limits and taxes, “farmers have slashed the land sown with wheat to a 111-year low” and cereal exports “have been halved over the past five years.”

Friday, August 13th 2010 - 06:33 UTC

Brazil halts operations on Petrobras oil platform citing safety reasons

Most of Brazil’s oil is extracted off-shore

Brazil's oil regulator said on Thursday it halted operations of state oil company Petrobras' (PETR4.SA: Quote) offshore P-33 platform, citing safety concerns. The announcement follows oil workers union claims that the rig was “dangerous”.

Friday, August 13th 2010 - 04:12 UTC

Chilean ruling coalition senators condition approval of Unasur charter

Senator Jovino Novoa wants a “democratic clause” included in the charter.

Senators from Chile’s coalition junior partner announced they support the approval of the Unasur, Union of South American Nations charter previous compliance with several ‘basic conditions’.

Friday, August 13th 2010 - 04:06 UTC

Asian and Latinamerican corporations buying Argentine assets

The few Argentine corporations with muscle have been slow in expanding internationally

In the nineties most Argentine companies were purchased by companies with headquarters in New York or Madrid but in this decade they come from less glamorous countries: China, India, Brazil, Russia and unsuspected places such as Mexico, Peru and Colombia.

Friday, August 13th 2010 - 03:20 UTC

Chilean and Swedish companies insist with new pulp mill in Uruguay

Celulosa Arauco's corporate director, Franco Bozzalla

Chilean wood pulp producer Celulosa Arauco y Constitucion SA seeks to continue its regional expansion as it develops plans for a new pulp mill in Uruguay, Arauco's corporate director, Franco Bozzalla, said this week.

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