Argentina leading business associations representing agriculture, industry, banking and construction sectors rejected point blank the bill out lined by a Kirchnerite lawmaker for the distribution of company profits among workers and employees.
The Venezuelan opposition is certain to make gains in Sunday’s legislative elections but not enough to wrest legislative control from President Hugo Chavez in the 12th year of his socialist revolution.
The US Treasury Department official in charge of overseeing the government's Troubled Asset Relief Program (Tarp) is stepping down. Herb Allison said that he was resigning now that the US bail-out programme was winding down.
President Lula da Silva’s comments on freedom of the press are “something dangerous” and put him on the tracks of “Venezuelan leader Hugo Chavez” said the president of the Inter-American Press Association (SIP), Alejandro Aguirre in an interview published in Brazilian newspaper O'Globo.
Singapore-based Olam International has successfully gained control of NZX-listed NZ Farming Systems Uruguay. As part of the takeover bid Olam offered 70c a share for all shares, valuing NZ Farming Systems at 171 million NZ dollars, conditional on getting more than half the shares.
President Raul Castro sacked his energy and resources minister, the last remaining minister from his brother Fidel cabinet. Minister for basic industry, Yadira Garcia, was fired late Sunday for shortcomings, specifically exerting weak control over resources set aside for investment and production, an official declaration read on state television said.
In anticipation of a new round of Mercosur/European Union trade talks to take place in Brussels, EU Trade Commissioner Karel De Gucht confirmed he remained hopeful a deal could be struck in the coming twelve months, following the recent experience with South Korea.
DUE to planned port developments in the Falkland Islands, fishery executives there appear unworried by Argentina’s most recent attempt to interfere in their fishing industry.
Brazil’s JBS S.A., one of the world’s leading exporters of beef said late Wednesday that Russian authorities told the company that several of its meat plants have been barred from exporting product to Russia.
British Airways will start non-stop flights between London and Buenos Aires in March 2011 announced Minister of Tourism Enrique Meyer in Britain’s capital during the official launch to promote investment in Argentina’s tourism industry.