By Hector Timerman - Foreign Minister Héctor Timerman underlined Argentina’s struggle against paying ‘vulture funds’ in an article written for US newspaper Huffington Post about how Latin American and Africa are affected by these funds.
The International Monetary Fund ratified on Thursday that “on December 17” it will assess the “quality of Argentine statistics, particularly those referred to inflation”, an issue over which it had already warned the administration of President Cristina Fernandez.
Uruguay’ Chamber of Industries, CIU, criticized the ‘indiscriminate’ influx of foreign goods, labour costs and Mercosur, and called on government to change the focus of its policies towards manufacturing underscoring that the domestic market represents 55% of industries’ GDP.
The catch-up boom in China, India and Brazil is largely over and will be followed by a drastic slowdown over the next decade, according to a report by America's top forecasting body.
The Brazilian economy gained speed in the third quarter central bank data showed on Wednesday, but weaker activity in September suggests that there are still many question marks ahead.
President Obama has reiterated his call for high earners in the US to pay more in taxes, in his first news conference since winning re-election. He called for quick legislation to rule out tax rises on the first 250.000 dollars of income, but refused to extend cuts for the wealthiest 2%.
Ghana port authorities, GPHA, on Wednesday re-established water and power supply to the Argentine Navy flagship ARA Libertad retained in Tema, according to naval sources from Buenos Aires.
Millions took to the streets across Europe in a co-ordinated day of protest against austerity measures. The European Trade Union Organisation says austerity is a total dead end and called for industrial action across 23 countries.
Argentina filed on Tuesday a petition for a retrial at the US Second Circuit Court of Appeals over a debt ruling that would force the country to pay holdout creditors owning bonds in default since 2002.
Petrobras Argentina reported this week that it made a new oil- and gas-field in the northern area of the Puesto Peter franchise, which is located in the Patagonia province of Santa Cruz.