The International Monetary Fund (IMF) has suggested that Argentina could benefit from cutting public spending destined for subsidies on energy costs, stating that such policies are very costly and distort economic activity.
Argentina's president of the Lower House, Julián Domínguez underlined the renewed Chilean support for the Malvinas Islands cause during an event on Monday at the Legislative Assembly which received Chilean president Michelle Bachelet in Congress.
Brazil began deploying over the weekend some 30,000 troops to secure its borders as it prepares to host the World Cup that kicks off next month. The operation involving the army, navy and air force will extend over the 16,900-kilometer frontier separating the South American giant from its 10 neighbors.
The administration of president Jose Mujica is willing to take eight to twelve of Guantanamo prisoners as refugees in Uruguay and this could happen once the US Senate approves a bill to that purpose, according to sources from the ministerial delegation currently in Washington.
In an enjoyable press conference at the White House Uruguay's President Jose Mujica spoke about the increasing importance for people in the US to be bilingual, the dangers of smoking and his interest in having access to U.S. knowledge and professors. President Barrack Obama praised the Uruguayan leader's 'extraordinary' credibility and leadership in democracy and human rights issues.
Lima, capital of Peru outstands as the leading Latin American city to make business, followed by Santiago de Chile, Buenos Aires, Argentina and Sao Paulo, Brazil, although these last two actually dropped from the previous ranking, according to an annual list made by the Bogotá Rosario University.
According to the Sunday Express wartime prime minister Winston Churchill feared the opening of a new front in the Falkland Islands and was so concerned about the matter that he sent about 1.000 soldiers to protect the Islands and ensure Britain would not have to retake them.
Venezuela said it had freed most of the 243 youth activists arrested in raids last week on street camps set up to protest against President Nicolas Maduro's government. Although the demolition of four camps in Caracas was hoped would discourage the three-month protest movement, activists vowed the measure had only strengthened their resolve to demonstrate.
At the waning years of the great California Gold Rush, a ship laden around 30,000 pounds of the precious metal on its way to New York was caught in the middle of a vicious hurricane and sunk off the coast of South Carolina with 425 souls aboard.
Venezuelan President Nicolas Maduro and Panamanian president-elect Juan Carlos Varela have pledged to waste no time in normalizing relations and re-launching diplomatic, economic and trade ties cut off two months ago, Venezuela's foreign ministry announced. Varela takes office next July first.