http://en.mercopress.com/ South Atlantic News Agency en Copyright 2012, MercoPress. http://en.mercopress.com/web/img/en/mercopress-logo.gif http://en.mercopress.com/ President Barack Obama administration and top US mortgage lenders unveiled a landmark 25 billion dollars deal Thursday to help struggling homeowners get back on their feet and to reignite the moribund housing market.

]]> Thu, 09 Feb 2012 23:43:00 GMT Mercosur from a real point of view exits, but institutionally it’s a “chewing gum” claimed Uruguayan president Jose Mujica who anticipated he would demand from the block’s partners that Uruguay be allowed to sign bilateral trade agreements with third parties.

]]> Thu, 09 Feb 2012 23:17:00 GMT The European Central Bank kept interest rates on hold on Thursday and altered its assessment of risks to the economic outlook as investors focus on the ECB possible role in helping Greece avoid default.

]]> Thu, 09 Feb 2012 20:30:00 GMT Bank of England has agreed to extend its quantitative easing (QE) program by £50bn to give a further boost to the UK economy. When completed, it will bring the total amount of QE stimulus to £325bn.

]]> Thu, 09 Feb 2012 20:25:00 GMT Santiago media reports increasing disappointment in the Chilean government and private sector with the latest batch of Argentine measures to restrict imports and want the issue ‘top of the agenda’ when President Cristina Fernandez visits Chile at the end of the month.

]]> Thu, 09 Feb 2012 07:47:00 GMT Argentina limited the use of cash in the country’s financial markets as President Cristina Fernandez tightens oversight of currency transactions to help contain capital flight and prepare for what is anticipated a ‘difficult’ year for the Treasury and the Argentine economy.

]]> Thu, 09 Feb 2012 07:44:00 GMT Argentine congress members announced on Wednesday that the inflation index for January based on an average of private sector estimates reached 1.9%, similar to the previous month of December.

]]> Thu, 09 Feb 2012 07:40:00 GMT Argentina has the cash reserves to make a tender offer for Repsol-YPF SA local unit, the country’s largest energy company, and will likely put further pressure on the industry to boost output, has stated Barclays Capital.

]]> Thu, 09 Feb 2012 07:37:00 GMT Argentina’s booming economy has been one of the few bright lights in an otherwise gloomy global financial picture the last few years. But inflation of up to 25% threatens that growth. It's one of the world’s highest inflation rates, reports the US public funded Public Radio International.

]]> Wed, 08 Feb 2012 22:03:00 GMT The latest round of imports’ restrictions imposed by the government of President Cristina Fernandez and how to address them have triggered a serious debate inside the ministerial cabinet of Uruguayan president Jose Mujica.

]]> Wed, 08 Feb 2012 06:21:00 GMT