President Raul Castro has asked Russia to consider beginning to supply Cuba with oil. Before the Soviet Union’s disintegration in 1991, the ex URSS was Cuba’s main supplier under favorable trade terms. Russia's official news network revealed the news, allegedly in a direct request from Castro to president Vladimir Putin.
Energy ministers from the world's two largest oil producers, Russia and Saudi Arabia said on Monday that their countries had agreed to act together to lift the price of oil out of its two-year slump, though they provided few details as to how they planned to achieve that goal.
Argentina's flag carrier Aerolineas Argentinas has been caught with its official bi-lingual magazine, Alta, committing a major sin. The magazine can be found in all aircraft seat pockets and in a reference to the Falkland/Malvinas Islands, the company apparently apologized for having committed a translation excess.
Brazilian police launched an investigation of fraud at state-run companies' pension funds on Monday, as a judge ordered dozens of senior financiers and executives away from their firms, including the chief executive of the world's biggest beef exporter.
Argentine president Mauricio Macri said on Monday that the time of messianic leaders who hand to hand with lies denied reality is over, and pointed out that the country is undergoing a deep transformation, not only economic, but equally significant of values and success will be achieved if all Argentines understand this and put it into practice.
Brazil's economy could grow 2.5% in 2018 and expand at an even faster rate over the following years, Finance Minister Henrique Meirelles said at a seminar in Shanghai.
Argentina's defense minister Julio Martinez is travelling to Russia and Italy with the purpose of strengthening bilateral cooperation in defense issues, including the possible supply of hardware for the equipment depleted Argentine armed forces. Last July the Russian Federation chief of Land Forces, General Oleg Salijukov visited Buenos Aires.
The Government of the Falkland Islands and the British Embassies in Uruguay, Brazil and Chile invite university students to participate in this regional competition to win the chance to visit the Falklands for a week, all expenses paid.