By Gwynne Dyer
Opening the National People's Congress in Beijing, Prime Minister Li Keqiang set China's growth target for the coming year at 6.5-7 per cent, the lowest in decades. Only two years ago, he said 7% was the lowest acceptable growth rate, but he has had to eat his words. He really isn't in charge of very much anymore.
Brazil's state-run oil company, Petrobras, reported a record quarterly loss of $10.2 billion on Monday due to a large reduction in the value of some assets amid lower oil prices. Petrobras has been at the center of a sprawling corruption scandal that has ensnared some of Brazil's most powerful lawmakers and business executives.
President Barack Obama in Havana has a busy agenda scheduled for Tuesday which includes a major speech that Cuban officials said would be carried on TV. Before departing for Argentina, Obama has planned to meet with political dissidents and attend a game between Major League Baseball's Tampa Bay Rays and Cuba's beloved national team.
Cuban President Raul Castro directly challenged President Obama on the heels of their historic meeting in Havana on Monday to lift more restrictions on the island and return land used for the U.S. naval base at Guantanamo Bay – as the visiting U.S. president, in turn, chided the Cuban government on democracy and human rights
Give me the name of a political prisoner, he will be released before tonight Castro challenges US reporter
Cuban President Raúl Castro sparred with US reporters on Monday over Cuba’s human-rights record, saying at one point that it was not fair to ask about prisoners in general and at another point that he would release by the end of the day anyone named as a political prisoner by a reporter.
It would be 'hasty' to consider that Argentina is ready to sign a trade agreement with the United States, but in any case the issue must be addressed by Mercosur, and it's the whole group that should advance in that direction, said Argentina's foreign minister Susana Malcorra.
By Joshua Peck - The number of cruise passengers visiting the Falkland Islands is projected to increase for the third season in a row. Each tourist season, lasting from October to March, sees numerous cruise vessels arrive in the Falklands, with passengers typically disembarking for a single day onshore. The last cruise vessel for the current season is scheduled to arrive on 31st March.
February’s inflation in Argentina reached 4.8% and has accumulated 33.9% in the last twelve months, according to the so called congressional inflation index released laast week. But Finance minister Alfonso Prat-Gay from Chile anticipated that consumer prices will fall to nearly 1% during the second quarter.
Mercosur and the European Union will exchange trade proposals in April, a key step for the long delayed trade and cooperation agreement between the two blocks and which has gained strength since the change of administration in Argentina with president Mauricio Macri.
Argentina's Finance Ministry finally released its fiscal results for the 2015 period, which showed a deficit amounting to more than 5% of GDP. The figure is likely to be subject to much controversy and discussion, as the government of president Mauricio Macri introduced new methodology to calculate its figures.