Brazilian market analysts believe the country controversially high interest rates could have reached a peak and will begin dropping following this week's meeting of the Central Bank's Monetary Policy Committee, Copom.
Brazil's ruling party president Jose Genoino strongly reacted to allegations from a group of economists who described Luiz Inacio da Silva administration's economic policies as neo-liberal, anathema for any middle of the road Latinamerican politician.
Former Peruvian president Alberto Fujimori, currently exiled in Japan, reiterated he's preparing to return to Peru to conduct the presidential campaign that will take him to office again.
The United Nations Special Committee on Decolonization meeting in New York Monday June 16 regretted that, in spite of the widespread international support for a negotiation between the Governments of Argentina and the United Kingdom that includes all aspects on the future of the Falkland Islands (Malvinas), the implementation of the General Assembly resolutions on that question has not yet started.
Argentine Foreign Affairs Secretary Rafael Bielsa debut in the United Nations proved an excellent opportunity to have a closer insight of President Nestor Kirchner administration's objectives in foreign policy, particularly the new strategic alliance with Brazil.
The idea of a joint orchestra of British, Argentine and Falklanders musicians as a contribution to finding a solution to the sovereignty claim dispute over the Falklands was proposed by Argentine-Israeli director Daniel Barenboim.