Venezuelan President Hugo Chavez will welcome his Iranian counterpart Mahmoud Ahmadinejad on Monday on his first stop of a five-nation tour of Latin America, state media reported.
Inflation in Uruguay was not only far above target domestically but also figures among the ten highest in the world, and in Latam only behind Argentina and Venezuela
Argentina’s government is “grandstanding” and acting illegally in imposing a blockade on ships from the Falkland Islands, Henry Bellingham has claimed in an interview with the Lynn News from England.
Investment banking heavyweight Credit Suisse has initiated coverage of Rockhopper Exploration with a bullish assessment of prospects for the Falklands–focused firm, reports Proactive Investors UK.
Brazil's government just met its inflation target for 2011, which was a surprise victory forPresident Dilma Rousseff and for a central bank that struggled for most of the year with rising food and commodities prices. However it is the highest inflation since 2004.
Latin America trade with India could go up to 50 billion dollars by 2014 on the back of projected high economic growth in both the regions, said R. Viswanathan, India's ambassador to Argentina, Uruguay and Paraguay.
The Euro is likely to survive 2012 despite the debt crisis in the Euro currency zone, according to International Monetary Fund Managing Director Christine Lagarde.
Two companies involved in electronics announced investments of 450 million Argentine Pesos (over 100 million dollars) in Tierra del Fuego for the production of electrical appliances.
President Barack Obama kicked off an effort to encourage US businesses to keep jobs at home instead of outsourcing them overseas, as he rolled out a new election-year theme aimed at courting middle-class voters.
Bosses' pay should have to be approved by votes among shareholders as part of efforts to restrain rising inequality Prime Minister David Cameron was quoted as saying in an interview with the Sunday Telegraph.