Stories for November 1st 2012
Britain faces a crisis that could end with the world's sixth largest economy leaving the European Union, Deputy Prime Minister Nick Clegg warned ahead of a showdown over budget spending with other states in the 27-member bloc.
Argentina tightened the ‘dollar clamp’ a further notch by including mortgage credits, which means people wanting to become home owners will not have access to the US currency.
President Cristina Fernández returned to stage on Thursday and assured that Argentina's dollar-denominated debt bonds are to be “paid in dollars” whilst criticizing the New York judiciary for its latest ruling against Argentina, in a speech at the Government House.
Industrial production in Brazil contracted more than expected in September. According to a release from the government stats office IBGE output from Brazilian factories and mines shrank 1% in September from August on a seasonally adjusted basis.
The special Unasur group for the monitoring and assessment of the political situation in Paraguay will recommend country members naming a mission that evaluates ‘in situ’ the electoral process in the landlocked country.
Brazilian foreign minister Antonio Patriota is scheduled to meet on Thursday with his Venezuela peer Nicolas Maduro to discuss a bilateral and regional agenda which is expected to emphasize on current issues related to Mercosur, the coming December summit and Paraguay’s situation.
Argentina’s Lower House of Congress approved the government-sponsored teen suffrage bill that allows 16-18 year olds the chance to vote in national elections. The Upper House of Congress had preliminary approved the bill with 52 votes in favour and only three against.
Mexico's president-elect, Enrique Peña Nieto, will present a tax reform bill during his first year in office, his top aide said on Tuesday, without providing any details on the plan.
According to official data from Moscow veterinary services, for the first nine months of 2012, in total 500,000 pigs were slaughtered in order to stop the spread of African Swine Fever (ASF) in Russia.
One of Argentina’ leading international corporations, Techint, made public a 200 pages report sent to the Buenos Aires stock exchange with a devastating picture of the country’s economy which “continues in a state of fragility”.