Uruguay announced a package of measures to contain the effects of a collapsing US dollar in the local money market and to combat inflation. The local currency, Uruguayan peso, has appreciated almost 7% against the US dollar in the first four months of 2008 and has dropped to June 2002 levels which has caused concern among the country's exporters.
School text books distributed by an Argentine provincial government identify the Islas Malvinas as the Falklands with the GB for Great Britain next to the map. The error (blooper¿?) triggered a strong reaction from the local chapter of the Malvinas veterans and the provincial congress.
Headlines: An end to Queen's parade?; Puerto Deseado begins survey; Will Desire reveal all?; War focus for feature film.
In early April, The Guardian published a piece by Latinamerican expert Richard Gott, on the new Argentina and its architects, as the title suggests.
However, Argentine born Celia Szusterman and a political scientist from University of Westminster is not convinced with Mr. Gott's idea of a new Argentina and believes it's very much like the old Argentina.
Argentine Economy Minister Martin Lousteau resigned four months into President Cristina Fernandez de Kirchner's administration amid disputes over farm policies and accelerating inflation in South America's second-largest economy
With only a week left for the end of the month long truce, negotiations between Argentine farmers and government are virtually paralyzed, --and with growing animosity--, while rural organizations begun to review protest mechanisms, taking lessons from the three weeks strike, in the event of the resumption of the conflict as of May 2.
Argentina's incoming Economy Minister thinks in the same terms as us and will follow on with government main guidelines, said cabinet chief Alberto Fernandez who also confirmed that the controversial Secretary of Interior Trade, Guillermo Moreno remains in his post.
Two Argentine provinces, which are out of the Kirchners' political influence, have reported monthly inflation almost four times the official percentage, according to the latest releases from the Statistics and Census Office in Buenos Aires and its branches in Santa Fe and San Luis.
Latin America's economy will grow at 4.7% in 2008 compared with 5.7% last year, the United Nations Latin American and Caribbean Economic Commission, CEPAL, estimated this week, reaffirming growth targets trimmed in March.
Hopefuls Hillary Clinton and Barack Obama entered Wednesday the final phase of the US Democratic presidential primary with Clinton saying her decisive Pennsylvania win proved she was the best candidate to beat Republican John McCain in the race for the White House.