United States Ambassador to Argentina Anthony Wayne warned that Argentina should consider the international context when taking economic decisions. However, he also emphasized that the present world economic situation had positive elements and offered advantageous opportunities for Argentina.
IMF Managing Director Dominique Strauss-Kahn warned on Wednesday about soaring food prices and the need to cushion the impact on the poor and revealed that the fund is already advising governments and central banks in Latin America on how to limit the second-round effects of the price shocks on the poor.
The World Trade Organisation cannot deliver a short-term solution to soaring food prices but a successful end to global trade talks would help in the longer term, WTO chief said on Wednesday.
Argentina's car manufacturing industry posted an increase in production of 31.5% in April compared to the same month a year ago. The total number of units manufactured in April was 54.622, according to ADEFA car manufacturer's organization.
A staunch supporter of US presidential hopeful Hillary Clinton, South Dakota Senator George McGovern called on the New York Senator to drop out of the race and let Senator Barack Obama secure the Democratic Party nomination.
Ash from the erupting Chaiten volcano in Chilean Patagonia has continued to advance into Argentina and the Southern Atlantic Ocean blanketing the city of Bahia Blanca (800 kilometers south of Buenos Aires City) and adjacent areas in the south of the province of Buenos Aires.
The price of crude oil could soar to 200 US dollars a barrel in as little as six months, as supply continues to struggle to meet demand, warned a report from Goldman Sachs energy strategist Argun Murti as benchmark US light crude passed the 123 dollars mark for the first time
The research vessel, the Miguel Oliver, owned by the Spanish Government, completed a fisheries resources study of Patagonian platform international waters on 15 April.
More than 5 000 people had been evacuated in southern Chile, following the eruption of the Chaiten volcano. On Monday, authorities evacuated the town of Futaleufu, some 60 kilometers from the volcano while the remaining residents of the town of Chaiten had left over the weekend.
The Organization of American States Secretary General, OAS, Jose Miguel Insulza praised on Monday the Bolivian promoters of the Santa Cruz autonomy referendum for having expressed no secessionists or contrary to law intentions.