Brazil exceeded budget primary target last year and is optimistic about 2012

Treasury Secretary Arno Augustin confident about this year’s target Treasury Secretary Arno Augustin confident about this year’s target

Brazil’s central government exceeded its budget target for 2011 by posting a primary surplus (excluding interest payments) of 93.5 billion Reais (53.7 billion dollars) for the year.

Maximo Kirchner, the ‘favourite son’ with ever growing influence in her mother’s administration

Born to two presidents, living in politics since a child, Maximo has the gaze of his late father Born to two presidents, living in politics since a child, Maximo has the gaze of his late father

The French newspaper Le Monde dedicated last week ample coverage to the son of Argentine President Cristina Fernandez, Maximo Kirchner, 34, who has a growing influence in her mother’s administration given his double condition as ‘favourite son’ and leader of a youth group La Campora which he founded and is moving full steam ahead.

Drought in Argentina and Brazil cuts significantly corn crops’ volumes

Temperatures are exceeding 40 degrees Celsius in some of Argentina’s corn-growing areasTemperatures are exceeding 40 degrees Celsius in some of Argentina’s corn-growing areas

Corn advanced heading for the biggest weekly gain in five as concerns that a renewed heat wave in Argentina and south Brazil may damage crops boosted demand for US grain. Soybeans were little changed.

UK praises naming of Argentine ambassador to London, calls for “strengthened cooperation”

Alicia Castro played an important role as head of the Caracas office, a close ally of the Kirchner couple Alicia Castro played an important role as head of the Caracas office, a close ally of the Kirchner couple

The British government acknowledged on Friday the naming of the new Argentine ambassador to the United Kingdom, and stated that they hoped the coverage of the long-vacant position will permit “the strengthening of cooperation” between the two countries.

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