“There is no evidence that Argentina has learnt the lesson from the 2001 crisis”, said Carmen Reinhart one of the most influential US economists and an expert in Latin America, who has worked for the IMF, in Wall Street and teaches at the University of Maryland.
The permanent headquarters of Unasur, (Union of South American Nations) in Quito, Ecuador will be named after its first Secretary General, deceased Argentine former president Nestor Kirchner, the government of Ecuador officially announced Wednesday.
The United States will step up efforts for free, open and transparent trade across the Asia Pacific region as it seeks to double US exports in five years, Secretary of State Hillary Clinton said.
Farmers in the UK have warned the EU against a trade deal with Mercosur which could see Brazil and Argentina given access to the European meat market, potentially flooding the market with cheap imports and undermining domestic producers.
Ice loss from Antarctica and Greenland has accelerated over the last 20 years, research shows, and will soon become the biggest driver of sea level rise. From satellite data and climate models, scientists calculate that the two polar ice sheets are losing enough ice to raise sea levels by 1.3mm each year.
China plans to build 10 million low-cost homes this year at a cost of 200 billion US dollars, a government minister has said. The move comes as soaring home prices spur complaints about affordability.
Critically low oxygen levels have been measured in a southern Californian harbour after millions of dead fish were washed up in Redondo Beach's marina, close to Los Angeles. A local scientist, Brent Scheiwe, said he took dissolved oxygen level readings in the harbour and found them at almost zero.
While offering a press conference in Washington DC, US Assistant Secretary of State for Public Affairs Philip Crowley refused to comment on the recently released Wikileaks cables that mention Argentina and said his government would refrain from doing so in the future.
Former Uruguayan Industry and Energy Minister, Jorge Lepra (*), described Néstor Kirchner’s government as ”fascist”, during a meeting with the US Embassy Chargé D'Affaires at Uruguay, James Nealon, in February 14, 2006, according to a cable revealed by Wikileaks in which Nealon reported to Washington the minister’s harsh words.
Oil dropped for a second day in New York as members of the Organization of Petroleum Exporting Countries considered talks about increasing production because violence is disrupting supplies from Libya.