After a 16-hour debate, Argentina's Lower House passed the law to pay Spanish Repsol 5 billion dollars in bonds to compensate for the 2012 seizure of a majority stake in Argentina's energy company YPF.
Argentina's stats office, Indec failed on Wednesday to deliver the country's poverty and indigence rates due to “methodological” reasons, the head of ministers explained on Thursday morning adding the measurement of the basic basket “differs totally” from CPI’s calculations. His comments triggered a catara...
The IMF’s Regional Economic Outlook for the Western Hemisphere, released on Thursday in Lima, Peru, projects regional growth of 2½ percent in 2014, down from 2¾ percent in 2013. Weak investment and subdued demand for the region’s exports held back activity in 2013, as did increasingly binding supply bottlenecks in a num...
Argentine President Cristina Fernández received on Wednesday China’s Foreign Ministry Wang Yi and signed several trade agreements, including aerospace infrastructure at the Government House, Buenos Aires City. During the meeting, the president was accompanied by Cabinet Chief Jorge Capitanich, Economy Minister Axel Kicillof, Federal...
Buenos Aires City Mayor Mauricio Macri rejected on Thursday rumours suggesting a political alliance with the left leaning Broad Front UNEN, born this week and called for its leaders to seek an agreement for “after the (presidential) elections,” in 2015.
Volkswagen said on Thursday it will lay off 900 autoworkers at two Brazilian plants, one of the biggest recent efforts to cut output in the face of sluggish demand for cars in Latin America's largest economy. Brazil is the No. 4 market for Volkswagen after China, Germany and the United States.
Ever-optimistic Brazilian Finance Minister Guido Mantega said a recent rise in consumer prices was expected, ('there's always a villain factor pushing inflation')' anticipating that in May/June the index will be lower. Mantega also denied local news reports that the government was seeking a change in the index methodology as a way to eliminate the impact of volatile food prices.
Brazil is investigating a potential case of atypical mad cow disease, the agriculture ministry said on Thursday, just over a year after several countries banned Brazilian beef imports when a similar case of the disease was confirmed.
Falkland Islanders that travelled on the South Atlantic air-bridge (Brize Norton-MPA and MPA-Brize Norton) on 16 and 18 April will be refunded since a non civilian-registered aircraft was involved, but will have to pay a £150 booking fee in order to support the government's policy of subsidizing air-bridge fares.
Argentina's economic situation has hit Brazil harder than its other commercial partners, as China has been making inroads into Brazilian trade with Argentina. Chinese exports to Argentina have more than tripled in the last ten years, according to a study carried out by Brazil's National Confederation of Industry, (CNI).
Argentina's Statistics and Census Institute (Indec) postponed the release of figures from the so-called House Poll, which includes strategic information regarding poverty and indigence rates, officials from that entity confirmed on Wednesday afternoon.
Turkish Prime Minister Tayyip Erdogan offered what the government said were unprecedented condolences on Wednesday to the grandchildren of Armenians killed in World War One by Ottoman soldiers.
A top Paraguayan official will be travelling to Colombia to establish 'closer links' with the Pacific Alliance and advance with the country's full membership request. Paraguay currently with observer status is also waiting for the official invitation to participate in the Pacific Alliance summit scheduled for 22 June in Mexico.
In the 1930s the Falkland Islands were reputed to hold the largest population of Southern sea lions, with a staggering 80,000 pups estimated to be born each year. However, a census in the 1960s and again in the 1990s revealed the population had declined by more than 90%.
- Argentina's high court rules export levies are unconstitutional; case benefits shrimp exporter
- Brazilian ex president Kubitschek was not murdered by the military regime
- Riots in Rio following death of a dancer allegedly by police; in Sao Paulo 34 buses set on fire
- Former Menem symbol minister sentenced to four years imprisonment
- Argentine economy expands 1.3% in February over a year ago, says government
- Madrid trying to block sale of rocks to Gibraltar, according to Spanish media
- UK Independent party EU election posters considered 'racist'
- Brazil anticipates lower soy exports because of a weaker Chinese demand