Brazil trusts Mercosur and the European Union can exchange the proposed tariff lists for a free trade agreement keeping to the original schedule, before the end of the year, according to the country's foreign ministry.
In an attempt to stop the drain of Argentina Central Bank international reserves, the government of President Cristina Fernandez has decided to take the 20% income tax advance to 35% for all credit and debit card purchases made abroad. The move will also involve the purchase of dollars for Argentines travelling abroad with the US currency climbi...
A delegation of political advisors from the Brazilian Congress is currently in the Falkland Islands. The group is accompanied by Andrew Ford First Secretary FCO Brasilia.
Mexico's government owned oil company Pemex is getting closer to an understanding with YPF after playing a crucial role in brokering a deal between Argentina and Spain regarding the April 2012 seizure from Repsol of a majority stake in YPF. Pemex apparently is interested in having a share at the Vaca Muerta oil and gas shale deposits in Pat...
United States praised Argentina for its latest commitment to the payment of a debt worth more than 600 million dollars to five companies in exchange for the ending of legal action. The message was transmitted by the US most senior representative in Argentina Kevin Sullivan, in a brief encounter with cabinet chief Jorge Capitanich, according to reports in Ambito Financiero.
The adidas brazuca, the Official Match Ball for the 2014 FIFA World Cup Brazil was given a fittingly spectacular launch on Tuesday 3 December. The iconic Parque Lage in Rio de Janeiro provided a picturesque venue, while a breathtaking 3D light projection show wowed attendees including former Netherlands international Clarence Seedorf and Brazil Cafu.
A huge power outage that darkened Venezuela's capital and parts of the country was a conspiracy to sabotage the Socialist government, according to Venezuela's President Nicholas Maduro. The blackout came five days ahead of Sunday's municipal elections.
Looting and robbing spread to several areas of the Argentine city of Cordoba on Tuesday evening and night following a walkout from the police in the midst of a conflict over pay and other benefits.
The Brazilian economy slipped into contraction in the third quarter after recording strong growth in the June quarter. Data released by statistical office IBGE on Tuesday revealed that GDP decreased a seasonally adjusted 0.5% sequentially in the September quarter, more than offsetting the upwardly revised 1.8% growth recorded in the second quarter.
Fifa has admitted that not all of the stadiums for the Brazil World Cup will be ready in time for its original deadline of January. But Fifa president, Sepp Blatter, said he was confident all 12 stadiums would be ready when the tournament kicks off in June following a meeting with the local organizing committee.
The newly appointed head of Argentina's Central bank Juan Carlos Fábrega admitted that in the last few months loss of international reserves has been serious, but we are working to correct the situation.
The US Supreme Court heard arguments on Monday in the case of a British company embroiled in a legal battle with Argentina, with justices mulling the question of whether an arbitration tribunal has jurisdiction to punish a sovereign state in favor of a private company.
Fitch Argentina announced this week that industry pioneer Douglas Elespe has become its CEO/Managing Director and new venture partner, and will lead the company's shift to an Argentine and Uruguayan domestic credit ratings business focus under the new name FIX-SCR. The financial terms of the transaction are not disclosed.
Argentine Lower House passed last week a bill creating a commemorative coin as a tribute to Latin America's first Pope. Lawmaker Oscar Cachi Martinez first proposed the measure in April, and it garnered approval from congressional committees during November. The next step is for the bill to the considered by the Senate.
- Energy & Oil
- Petrobras finds unconventional petroleum in Argentina's Vaca Muerta shale deposits
- Chilean presidential candidates working together against voters' apathy
- Internet retailers must pay sales tax in the state, rules New York Supreme court
- Falklands' war book '1982 and all that' will answer Argentine questions
- Inflation and competitiveness, Uruguay's main challenges for next year and a slower growing economy
- Uruguay after another soy-crop record since area planted increased 100.000 hectares
- Uruguay fishing industry in deep trouble: high costs, poor catches, labor conflicts
- Chile among leading exporters of 23 non-copper related products