It's electoral time and Argentina's government spending has reached a 24% of GDP, which is considered a record and several points ahead of the vilified administration of former president Carlos Menem, 21% at its peak, and who has been blamed for much of Argentina's recent shortcomings, points out the Buenos Aires press.
Financial investors feel disappointed with President Nestor Kirchner's administration and are demanding fiscal and monetary policies corrections to dominate inflation and ensure sustained growth before they begin to consider putting money into Argentina's sovereign bonds at reasonable rates.
Chilean fishermen used public debates in the coastal town of Valparaiso Wednesday as a forum to criticize Chile's fishing policies. The debates, titled Who sells you fish, focused on the current depletion of the hake population along Chile's coasts.
This month, Payard Pâtisserie & Bistro celebrated their 10th Anniversary with a tasty party of New York's A List guests. It is not surprising that this wonderful French pâtisserie and bistro still is, after 10 years, unique and the preferred destination for all of those who have not only a sweet tooth, but also a discerning palate.
Chilean appellate court has dropped corruption charges against the widow and children of the late former dictator Augusto Pinochet. The general's family was alleged to have assisted him hide more than 30 million US dollars in offshore accounts during his 1973 to 1990 rule.
Cristina Kirchner the leading candidate for Argentina Sunday's presidential election, during these last four years, as well as her husband President Nestor Kirchner has avoided contact with the Argentine press but this last week she has been particularly loquacious.
The official opening of the Bank of the South, a development-promotion financial institution with the support of most South American countries has been delayed until December 5, announced Venezuela's Foreign Affairs minister Nicolas Maduro.