The Falkland Islands are an British Overseas Territory by choice, entirely self-governing except for defence and foreign affairs and have been settled for at least nine generations, well before Argentina even claimed what is today Tierra del Fuego, points out the Falklands’ elected government in a release-reply to the open letter from Argentine President Cristina Fernandez published on Thursday in the British press.
Uruguay exports increased 9% last year over 2011 reaching 8.751 billion dollars a numerical historic record according to the primary figures released by the Instituto Uruguay XXI, a government funded organization to promote foreign trade. Soybeans, beef and rice remain as Uruguay’s main export items.
Brazil posted its smallest annual trade surplus in a decade last year as a sluggish global economy curbed demand for its products despite government efforts to boost exports. Brazil's trade surplus fell 35% to 19.44 billion dollars from the prior year, the weakest performance since 2002, Trade Ministry data showed on Wednesday.
Chile joined five other countries that have banned imports of Brazilian beef, since a case of atypical mad cow disease was confirmed last month, Brazil's foreign trade secretary Tatiana Prazeres said on Wednesday.
Uruguay’s Central bank on Wednesday made its largest purchase of US dollars on record totalling 120 million dollars following on the bank’s monetary committee decision in the last week of 2012 to increase the basic rate to 9.25% as the country struggles to contain inflation.
President Jose Mujica anticipated that the Argentine economy can’t remain ‘closed for much more time’ (protectionist) and forecasted that 2013 will be a ‘clear year’ for Uruguay regarding economic issues.
Economists cut their estimates for economic growth in Brazil to 0.98% this year, a central bank survey showed, highlighting the sharp slowdown of an economy that just a couple of years ago was an emerging market star.
The European Union will invest €1.4 million to control African swine fever on the Italian island of Sardinia in 2013. The island is the only place in the EU where African Swine Fever (ASF) is still present.
Recent positive tests, and ongoing concerns that Ovine Brucellosis is spreading throughout Australia, has prompted the country’s Livestock Health and Pest Authorities (LHPA) to encourage all sheep producers to test their rams for ovine brucellosis.
The Organization of American States (OAS) has begun the process of analyzing a new group of countries - Chile, Colombia, Guatemala, Panama, Uruguay, and Venezuela - as part of the Fourth Round of the Mechanism for Follow-Up on the Implementation of the Inter-American Convention against Corruption (MESICIC) of the OAS.