Stories for August 7th 2012
Brazil is the only country that in the last ten years has benefited from Mercosur with an intra-zone trade surplus of 36.8 billion dollars while the other three full members, Argentina, Uruguay and Paraguay have accumulated huge deficits in the same period, according to Argentine economist Orlando Ferreres a regular columnist from La Nacion with graduate studies in Harvard.
Argentine President Cristina Fernandez has assets of almost 40 million Argentine Pesos according to her latest income statement before the Anti Corruption office. This includes the 31 million inherited from her late husband Nestor Kirchner who died in October 2010.
The United Nations’ food agency cut its 2012 global rice production forecast but said supply would still outstrip demand and that there was no increased risk of a food crisis as long as countries do not resort to export bans.
Spain’s new Ambassador to the United Kingdom, Federico Trillo-Figueroa, has claimed that his Foreign Minister, Jose Garcia Margallo, has managed to revive bilateral dialogue with UK over Gibraltar within the Brussels context.
Argentine supermarkets must keep records of sales of plus 1.000 Pesos which must be available to tax inspectors, according to the latest decision from AFIP the tax revenue office. A thousand Pesos at the official rate is equivalent to 210 dollars and in the parallel 140 dollars.
Credit card companies operating in Argentina have also fallen under the net work of the tax office AFIP, and now must request authorization and approval to purchase US dollars to balance their clients’ accounts.
Chilean and Peruvian authorities meet Friday in Lima with the humanitarian organization Norwegian People’s Aid which will be responsible for the demining of the two countries border area, announced Peruvian Foreign minister Rafael Roncaglio.
France will hire professional fishermen to kill some 20 sharks off the Indian Ocean island of Reunion this week in an effort to understand the reasons for a series of attacks in the surfing hotspot.
Former Paraguayan president Fernando Lugo who was removed from office last June following a political impeachment in Congress said he can again be a presidential candidate in the coming April elections.
Food inflation in Latin America and the Caribbean reached 8.9% in June compared to the same month in 2011, which means the highest so far this year, according to a report from the UN Food and Agriculture Organization, FAO.