China and Argentina signed a Tax Information Exchange Agreement (TIEA) in order to improve transparency in the two countries’ bilateral trade and investment.
The International Monetary Fund (IMF) approved a 22.5 billion Euros loan for Ireland and said it was open to re-negotiating parts of the bailout package with a new government provided its overall targets were adhered to.
International Monetary Fund (IMF) will continue collaborating with Argentina national statistics bureau, Indec, in order to create a price index with stronger credibility, the spokeswoman of the organization, Caroline Atkinson, assured in Washington.
Argentina’s most influential businessman warned about the “inflationary escalade” which, if not contained can lead to an unfavourable climate for investments. Paolo Rocca, Techint group CEO made the statements during an entrepreneurs’ forum where he called for “business responsibility”, “clear rules of the game”, “transparency” and questioned the landing of Chinese oil corporations in Argentina.
The National Agriculture Society (SNA) this week predicted 2 to 4% growth in 2011 for Chile’s agriculture-based industries, compared to this current year’s dismal 1.9% growth.
“The Falklands are under economic and ‘environmental’ attack by Argentina” and this is having a direct impact on the South Atlantic fisheries sustainability of high seas marine resources, claimed the Falkland Islands Fishing Companies Association, FIFCA.
In an attempt to cope with what has been described as “social problems”, Argentine President Cristina Fernández de Kirchner swore in Nilda Garré as new Security Minister and Arturo Puricelli as new Defence Minister during a ceremony at Government House.
Australian Foreign Secretary Kevin Rudd will be present at the two-day Mercosur summit which begins Thursday in Foz de Iguazu. Rudd met on Wednesday with his Brazilian peer Celso Amorim ahead of the summit and in the framework of the “Australia-Brazil Dialogue” created last September.
The creator of Facebook, Mark Zuckerberg has been announced as Time magazine’s person of the year 2010, “for changing how we all live our lives in ways that are innovative and even optimistic”.
Trade between the four member Mercosur block is expected to reach 42 billion US dollars in 2010 revealed Argentine Industry minister Debora Giorgi who on Thursday will be participating of the Mercosur summit in Foz de Iguazu, Brazil.