The Brazilian ruling coalition presidential candidate Dilma Rousseff speaking before industry moguls made a strong defence of Mercosur and criticized the US sponsored Free Trade Area for the Americas.
Colombian President Alvaro Uribe on Wednesday sharply criticized campaign proposals to raise taxes, warning that this could severely damage what has been achieved, reports El Espectador.
An allegedly peaceful rally for a democratic Cuba outside the Cuban Embassy in Norway’s capital Oslo turned bloody at the weekend, and could turn into a diplomatic incident.
United States president Barak Obama turned down an invitation from Brazilian president Lula da Silva to visit the country ahead of October 3 when presidential elections are scheduled, reported a newspaper from Sao Paulo.
Through a letter, Brazilian President Lula da Silvia asked the South American Nations Union (Unasur) and Mexico to support the uranium enrichment tripartite agreement reached between his country, Iran, and Turkey.
United States markets have put an end to what had been a day of stock market revivals around the world. After a day that had been mostly positive, New York's benchmark Dow Jones closed down 0.69% at 9974.45 - a four month low.
Brazil's administration has threatened to implement retaliation measures if its foodstuffs are banned from entering into Argentina, according to statements made by the Foreign Trade head Welber Barral in a press conference.
THE Falkland Islands Government still hopes for a stable relationship with Argentina stated Falklands Governor Alan Huckle in his Government budget address today. He told assembled Members of Legislative Assembly, “It remains the hope of both the British and Falkland Islands Governments to have a stable, co-operative relationship with the people and Government of Argentina.”
Uruguay is planning to tax deposits and other assets held overseas by residents in the country. The bill which has been drafted and promises to be controversial is expected to be sent for legislative consideration in coming days announced Economy minister Fernando Lorenzo.
The Brazilian economy can grow as much as 7% this year, raising the risk of overheating, said on Tuesday International Monetary Fund Managing Director Dominique Strauss- Kahn, who described Brazil as “a success story”.