Argentina assumed on August first s the rotating Presidency of the United Nations Security Council. Argentina was elected as a non-permanent member of the multilateral body by the General Assembly for the 2013-2014 term rallying unanimous support among Latin American and Caribbean nations.
Brazil on Thursday expressed support for the IMF latest aid package for Greece, disavowing its IMF delegate who abstained in a vote on the issue. Finance Minister Guido Mantega spoke with IMF chief Christine Lagarde and backed the Fund's decision to release 1.7 billion Euros in rescue loans to ailing Greece Monday, his spokesman said.
The Managing Director of the International Monetary Fund (IMF) Christine Lagarde has once more requested that Argentina present economic figures based on trustworthy and credible numbers and statistics.
Spanish Prime Minister Mariano Rajoy apologised on Thursday for mishandling a major corruption scandal, but denied he or his conservative People's Party, PP, accepted illegal payments and rejected opposition calls to step down.
Brazil's twelve-month public sector primary budget surplus widened in June amid a robust surplus from state and local governments, helping bring the country's nominal deficit slightly narrower.
Brazilian President Dilma Rousseff moved quickly this week to improve bus services in the metropolis of Sao Paulo, where protests over a fare increase in June triggered an outburst of national discontent that battered her popularity and questioned the country’s infrastructure for two major world events in 2014 and 2016.
A United Nations narcotics body on Thursday expressed alarm about a bill passed by Uruguay’s Lower House that would legalize marijuana.
Several Argentine opposition groups have started publishing their own GDP index, (as they do with inflation) based on the average of data processed by private consultants which are exposed to the intimidation of President Cristina Fernandez administration officials.
The Economist in its latest printed edition addresses Argentina’s challenges in the energy field including the seizure of a majority stake in YPF from Spain’s Repsol and the latest agreement with US oil company Chevron to exploit shale oil and gas.
From the US capital Washington D.C. to Caracas, people throughout the Americas feel that corruption in sectors of society is on the rise, according to a survey from the watchdog group, Transparency International.