Argentina's monthly inflation controversy again erupted with the official Indec figure for January marking 1,1% and 20.9% in the last twelve months, while the private consultants index, channeled through the so called Congressional index reached 2.08% and 35.21%.
Falkland Islands will this month begin to grapple with the big questions about how oil and gas development will impact on their society and culture. The start of a series of focus groups run as part of the Social Effects Monitoring Programme study, led by Regeneris Consulting, and Falkland Island partners Karen Lee and Carolyn Montgomerie, reports the Penguin News in its latest edition.
Closing the high seas to commercial fishing could distribute fisheries income more equitably among the world's maritime nations, according to research from the University of British Columbia (UBC).
Germany wants to speed negotiations for a free trade agreement between the European Union and Mercosur, said Foreign minister Walter Steinmeier in Brasilia. The agreement has been pending since 1999 when discussions started but so far have been unable to reach a deal or commit a date because of internal problems from both sides.
A London court ruled on Friday that English law applies to a disputed case involving interest payments on Euro-denominated Argentine debt, making a payout more likely in spite of conflicting orders from a US court.
HSBC’s Swiss branch must repatriate the 3 billion dollars deposited in the 4,040 undeclared accounts held by Argentine citizens and companies, Argentina's AFIP tax bureau chief Ricardo Echegaray announced.
Argentine fish landings have dropped dramatically during January, totaling 16,464 tons, 31.8% less than a year ago when the volume was 24,121.4 tons. Of this year's volume, 11,803.8 tons were of fish, 4,567.4 tons crustaceans and 92.8 tons shellfish, according to statistics from the Under-secretariat of Fisheries and Aquaculture.
Retail sales in Brazil increased 2.2% in 2014 over the previous year, the smallest expansion in 11 years, the Brazilian Institute for Geography and Statistics, or IBGE, reported this week. The sector suffered its worst year since 2003 when sales tumbled 3.7%. In 2013, retail sales grew 4.3%.
Brazil's Congress passed legislation on Tuesday that limits the president's ability to reduce pork-barrel spending passed by lawmakers, a setback for President Dilma Rousseff's efforts to fight a fiscal deficit.
Argentina and Brazil failed to reach an agreement to help unlock the ongoing tension between the two key Mercosur allies over bilateral trade. Argentina's Hector Timerman and his counterpart Mauro Vieira met in Buenos Aires to try and ease Brazil’s growing concerns about restrictions on the flow of goods, but any decisions were pushed forward to an undetermined date.