Government proactive policies are a central element of industrial development policies and markets by themselves are not enough to promote economic growth, said Joseph Stiglitz, 2001 Economy Nobel Prize during a conference in Buenos Aires.
Organized by Panama based Banco Latinoamericano de Exportaciones, BLADEX, Argentina hosted the Buenos Aires Consensus, a new agenda for Latinamerica conference.
Brazil's government owned oil company Petrobras announced plans to invest 56,4 billion US dollars in the next five years, most of it in Argentina, Venezuela and in the US areas of the Gulf of Mexico.
Seven people killed and extensive damage in urban areas was the result of hurricane strong winds and rain storms that struck Uruguay in the last 24 hours, reported officials in Montevideo.
The Argentine government pledged Tuesday to press its request to the Uruguayan government to halt construction of two pulp mills on the Uruguay River.
Keeping the value of the peso relatively weak is essential if Argentina's exports are to continue growing, said Argentine Economy Minister Roberto Lavagna speaking at an event organized by the Argentine Exporters Chamber to celebrate Exports Day.
The Queen's Baton to mark the upcoming Commonwealth Games in Melbourne, Australia next year, leaves Bermuda for the Falkland Islands on Saturday.
Former world football star Diego Maradona publicly confessed that the first goal against England in the Mexico World Cup of 1986, which ended with Argentina winning 2-1, was hand converted.
Strengthening democratic institutions and confronting the exacerbated lack of governance in Latinamerica are the main priorities of the Organization of American States, OAS.
The troops from several Latin American troops have made history by uniting in a mission to assist a country in the region, the head of the United Nations peacekeeping mission in Haiti told a two-day seminar of troop contributing countries in Chile.