The presidents of Colombia and Ecuador announced Friday they will resume full diplomatic relations after more than two years of estrangement.
Japan's parliament has passed a stimulus package worth about 61billion US dollars, designed to kick-start the country's fragile economic recovery. The government had already introduced several stimulus packages.
The presidents of Unasur (Union of South American Nations) meeting at a summit in Guyana paid homage to former president Nestor Kirchner, agreed to incorporate a “democratic clause” to the group’s charter, left for next month a decision on who will be named the next secretary general and had a special mention to the Falklands/Malvinas sovereignty dispute between Argentina and the UK. Argentina also revealed that the post should be occupied by an Argentine.
One of Argentina’s main experts on Falklands/Malvinas affairs Lucio Garcia del Solar and former ambassador before the United Nation, United States, the former Soviet Union and UNESCO, among other diplomatic posts died Friday morning in Buenos Aires.
Russia is interested in purchasing 3 million tons of Argentine animal feed corn to supply its domestic market following the catastrophic drought and fires suffered by the country during summer months in the northern hemisphere.
Repsol YPF SA, Spain’s biggest oil company announced it filed a request with the U.S. Securities and Exchange Commission to be able to sell shares representing as much as 15% of its Argentine unit YPF SA.
Brazil Finance minister Guido Mantega is proposing a “dehydrated” inflation index with the purpose of reducing interest rates faster under the incoming administration of president-elect Dilma Rousseff, reports the influential O Estado de Sao Paulo.
Brazilian president Lula da Silva promised full support from the federal government to Rio de Janeiro authorities involved in a clean-up operation to free the city’s shanty towns, favelas, from drug traffickers and organized crime.
Brazilian President Lula da Silva announced Friday an ambitious integration program for its northern neighbor Guyana, on the sidelines of a regional presidential summit taking place in Georgetown.
Venezuela agreed to pay Casino Guichard-Perrachon SA 690 million US dollars for an 81% stake in the Saint-Etienne, France-based company’s local supermarkets, said Elias Jaua, vice president of the Venezuela’s official news agency, AVN.