Venezuelan president Hugo Chavez appeared before cameras on Monday sporting a shaved head, as the effects of chemotherapy begin to take a toll on his body. Chavez, though, looked energetic and even joked about his “new look” which he had anticipated last week as the “Yul Brynner” look.
The dredging of the Uruguay River and access to the Martin Garcia canal as well as importing power from Paraguay are the two main issues of the agenda to be addressed by Presidents Jose Mujica and Cristina Fernandez de Kirchner when they meet Tuesday in Buenos Aires.
Foreign Direct Investment, FDI, in Uruguay was record in 2010 with 2.35 billion dollars (47.8% higher than in 2009) according to the latest report on global investment from the UN Conference on Trade and Development, UNCTAD. FDI represented 30.5% of total gross investment in Uruguay last year.
A polar front advancing over Argentina and Uruguay dragged the thermometers Monday morning in yet another freezing day in the south of the continent. Below zero temperatures were registered in several locations reaching minus 16,2 Celsius in Malargüe, Mendoza Province, according to Argentina’s Meteorological Service (SMN).
US manufacturing grew at its slowest pace in two years in July as new orders contracted, a troubling development for the faltering economy. The Institute for Supply Management said its index of national factory activity fell to 50.9, the lowest level since July 2009, from 55.3 in June.
Argentine police detained for questioning a local horse renter in relation to the brutal murder of two French tourists – Moumni Hour and Cassandre Bouvier – found dead with gunshot wounds on Friday at a hiking trail in Quebrada de San Lorenzo, Salta province, 1600 Km northwest of Buenos Aires.
Argentine Chief of Staff, Aníbal Fernández, came on stage Monday after the Buenos Aires City runoff elections to give his breakdown of Sunday’s events which have been described by political analysts a landslide victory for the incumbent mayor Mauricio Macri.
The Nobel Prize winner economist Paul Krugman harshly criticized President Barack Obama for giving in to pressure compromising on a debt ceiling deal that defenders say will save the country from default.
President Barack Obama announced Sunday Republican and Democratic leaders have reached an agreement on raising the US debt limit and avoiding default. He said the deal would cut one trillion dollars of spending over 10 years, and set up a committee to report by November on a proposal to further reduce the deficit.
Making the democratic process more clear and transparent and parliamentary reform were among the main issues debated at the 57th Commonwealth Parliamentary Conference CPA, held last week in London and where the Falklands were represented by Dick Sawle, Member of the Islands Legislative Assembly.