Argentine opposition parties came ahead in the regional primaries for governors held on Sunday in two important electoral districts, Santa Fe and Mendoza. Argentina is holding general elections next October but the law makes mandatory the open, simultaneous and mandatory primaries, PASO, which also help to give an idea of the electoral map and political feeling of public opinion.
In its latest semiannual report, “Latin America Treads a Narrow Path to Growth: The Slowdown and its Macroeconomic Challenges,” the World Bank´s Office of the Chief Economist for Latin America and the Caribbean forecasts a fourth year of slow growth for the region.
China has awarded Venezuela 5 billion dollars for unspecified “development plans,” President Nicolas Maduro said on Sunday, approximately three months after an official visit to China. According to published reports, the loan is part of a 10 billion deal to be completed in the following months.
Uruguay's president Tabare Vazquez announced that when he meets with Brazil's Dilma Rousseff next month, they will consider as a priority how to get the Mercosur-European Union talks for a trade agreement rolling again.
Voters in Spain's Valencia region, a bastion of conservatism for two decades, are likely to desert Prime Minister Mariano Rajoy's party in droves in May's regional election, a poll published on Sunday found, in a taste of nationwide politics to come.
Argentine president Cristina Fernandez is leaving this week for an official visit to Russia and controversy over the agreements to be signed has erupted following the publication of a letter in a Sunday newspaper signed by a group of former Energy secretaries who claim the accords compromise Argentina with a foreign country in the execution of highly costly works, like it was done with China”.
Brazil is working with Congress on a broad agenda of structural changes to improve the business climate, increase productivity and set price signals correctly to stimulate investment, announced Finance minister Joaquim Levy in his speech to the International Monetary and Financial Committee (IMFC) this weekend.
A vice president of construction company Camargo Correa told Brazilian prosecutors that he paid 36 million dollars in bribes to officials of state-controlled oil company Petrobras, the press reported, citing a document prepared by prosecutors.
Argentine inflation in March reached 2.12% over February accumulating 29.8% in the last twelve months according to the average of private consultants, which every month is released by opposition members in Congress. This is one percentage point higher than the official March rate announced by the Argentine government's discredited stats office, Indec, 1.3%.
Falkland Islands former minefields that have been cleared by BACTEC International’s (*) deminers are, “cleared to a higher quality than the areas that are outside the fences,” assured Project Manager Julius Unsing, speaking to Penguin News this week.