China's exports to Argentina in April declined 34.4 percent from last year, the largest monthly drop since the 2009 global recession, signalling the deepening negative influence of Argentina's trade protectionism on bilateral trade, analysts and trade experts said, quoted by the official Beijing news agency.
Argentine wine exports to the UK have rocketed by 25% in value and 12% in volume in the first three months of the year. This put the UK back ahead of Brazil as Argentina’s third largest market worldwide, and the US and Canada, and represents the largest gains for over four years.
Paraguayan president Fernando Lugo currently visiting India proposed an exchange of food for investment and technology. Lugo was received by President Pratibha Patil and later by Prime Minister Manmohan Singh.
Germany should exit the Euro and revalue its currency as “damage control” to avoid the effects of contagion stemming from a Greek exit, which would cripple banks and trade in Europe, according to former Argentine Finance Secretary Guillermo Nielsen.
The European Union filed a suit against Argentina's import restrictions with the World Trade Organization (WTO), European Union Trade Commissioner Karel De Gucht announced on Friday.
Spain's wealthiest autonomous region, Catalonia, needs financing help from the central government because it is running out of options for refinancing debt this year, Catalan President Artur Mas admitted on Friday.
Three former Uruguayan presidents recommended the current administration that without abandoning Mercosur, it should look at major trade blocks associations but at the same time a strong self criticism is needed because maybe the problem is not in Mercosur but in Uruguay.
Argentina announced on Thursday the use of a new computer tool to gather information from buyers of holiday packages from travel agencies, in another attempt to control savers thirst for greenbacks after the government's crackdown on access to dollars.
Argentina's government on Thursday revoked the commuter railway concession for a company whose train crashed in February, killing 51 people and injuring 703.
Alcohol consumption in Latin America is low compared to Europe and the US and averages 5.5 litres of pure alcohol per year per capita, although with marked differences between countries and gender. In Europe consumption is estimated at 13 litres of pure alcohol while in the US the average in 9.8 litres.