Argentine Federal Judge María José Sarmiento postponed Monday her ruling over the use of Central Bank currency reserves to meet 2010 debt payments by turning the government's 'appeal on grounds of unconstitutionality' into an ordinary trial.
The Financial Times, a reference for global finances, has published an editorial comment highly critical of Argentina’s presidential Kirchner couple and their latest attempt to keep their cash-strapped administration afloat: getting hold of Central Bank reserves to pay debts and recover long lost international creditworthiness.
By David P. Michaels on location in Uruguay (*)
International celebrities visiting the Latin American “jet-set” resort of Punta del Este in Uruguay come and go with the fashions. However one of the permanent attractions of the Punta del Este season is the “must see” International Jazz Festival.
Martin Redrado the Argentine reinstated Central Bank president who dared defy the all powerful presidential Kirchner-couple is a low profile liberal economist who became involved in politics with former president Carlos Menem.
China's exports rose 17.7% in December, state media have reported, suggesting the country has overtaken Germany as the world's largest exporter. The rise, compared to a year earlier, breaks a 13-month decline in trade as a result of the global downturn.
“If there is an organization in Latinamerica which is inefficient, useless and at times dangerous precisely because of its inefficiency, it’s the Organization of American States, OAS”, said Peruvian author Mario Vargas Llosa.
Mr. Oppenheimer is an Argentine born columnist from The Miami Herald who writes regularly about Latinamerican affairs. His opinions and comments, well supported with data and quotes, are taken into account by corporations and businesses with interests in the region.
One of his latest contributions refers to Uruguay and its recently elected president, a former left wing guerrilla leader. The heading is not necessarily that informative since Uruguay already belongs to the group identified as “responsible left”.
Voters in the French overseas departments of Martinique and French Guiana rejected proposals that would have given them more autonomy from France. Martinique, in the Caribbean, voted 78.9% against greater autonomy in a Sunday referendum and Guiana, voted 69.8%, the Ministry of Overseas Collectivities said. Turnout was 55.35% in Martinique and 48.16% in Guiana.
The European Union is in a position to assume a stronger, more credible role in the world, the nominee for the EU top foreign policy post says. The UK's Catherine Ashton was speaking to Euro MPs, who have started grilling the commissioners-designate on their new roles and qualifications.
Chilean Conservative billionaire businessman Sebastián Piñera and centre-left candidate (and former president) Senator Eduardo Frei face-off this Monday evening in their first and only national debate since the December 13 first-round vote eliminated Communist Party candidate Jorge Arrate and independent candidate Marco Enriquez Ominami (MEO).