The Spanish government Wednesday approved a reform to make the labour market more flexible, amid growing international concern over the stability of the country's economy.
Brazilian retail sales declined 3% month-on-month in April, with only two of the ten surveyed sales components recording gains, the statistical agency IBGE said Wednesday. Economists were expecting sales to drop at a much slower rate of 1.6%.
A Scotch whisky matured for more than six decades sold for 25,200 pounds ($37,245) at an Edinburgh auction Wednesday as collectors vied for rare malts.
Mercosur and associate members Chile and Ecuador rejected environmental regulations for the mining sector, under consideration by the European parliament and which could become a barrier for minerals’ exports to the EU.
In spite of a specific mandate to vote against the incorporation of Venezuela to Mercosur, the Colorado party which is the single strongest force in the Paraguayan senate could reconsider the situation according to Martin Chiola, first Vice-president of the Upper House.
Trade talks between the European Commission and Mercosur will begin at the end of the month, June 29 in Buenos Aires, according to EC sources. Talks are scheduled to last for over a year and expected to receive strong criticism from EU farmers’ organizations.
The Argentine government must accept that the Falklands people have expressed their democratic wish to remain British and that the Falklands government will resist all colonial aspirations from Argentina, said Sukey Cameron MBE, the Islands representative in London during the annual reception on Wednesday.
Argentine pickets who have been blocking since 2006 a bridge leading to neighbouring Uruguay to protest the construction of a pulp mill on the Uruguayan side said they are open to negotiations.
The Brazilian government denied that the Falkland Islands “have been looking for business options in Brazil” specifically linked to hydrocarbons exploration, according to the head of the South American Desk at the Brazilian Foreign Affairs ministry.
Moody's decision to downgrade Greek debt was ill-advised and ill-timed, European Economic and Monetary Affairs Commissioner Olli Rehn said, adding that it cast fresh doubt on risk-ratings agencies.