While Argentina’s Mercosur trade partners have adopted a cautious attitude regarding the latest measures that make it more cumbersome and bureaucratic to sell to Argentina, the country’s manufacturers and importers have warned of the consequences and called for a more balanced approach to the issue.
Nicaraguan President Daniel Ortega lashed out at Israel and condemned the killing of former Libyan dictator Muammar Qaddafi while being sworn into office this week alongside Iran and Venezuela presidents.
Iranian president Mahmoud Ahmadinejad blasted capitalism during a speech at Cuba's University of Havana on the third leg of a trip to highlight friendship with Latin American allies, most of them at odds with Washington's.
Namibia's competition commission said on Wednesday it had cleared a Chinese nuclear company to take over an Australian mining firm with rights to the world's fourth-largest uranium deposit.
Uruguay beef exports last year dropped 8% in volume but soared 18% in value because of higher international prices and fewer cattle. However the volume was the lowest since 2004 and confirms a decreasing tendency since 2006, according to the latest figures released by the government.
Chile ratified this week that vessels flying the Malvinas flag will continue to be barred from Chilean ports and that the country’s position relative to the issue has not changed and denies the existence of a blockade. A brief statement from the Chilean Foreign Affairs ministry indirectly refers to the latest statement by UK Foreign Secretary William Hague.
In an official communiqué Uruguay ratified full support for Argentina’s Malvinas sovereignty claim and underlined that the barring of Malvinas’ flagged vessel from Uruguayan ports stands and “has not changed an iota”.
LAN Airlines announced that “due to a decision by the (Argentine) national aeronautical authorities,” the company has been forced to reschedule flights leaving from the Buenos Aires City Aeroparque Metropolitan airport bound for Sao Paulo and Santiago de Chile.
As the UK applies pressure on Mercosur countries so they allow the entry to vessels flying the Malvinas flag, Argentine ruling Victory Front lawmaker Carlos Kunkel said on Wednesday that Argentina “must be politically persistent while maintaining a constant defence” on its claims over the sovereignty of the islands.
The European Central Bank should ramp up its buying of troubled Euro zone debt to support Italy and prevent a “cataclysmic” collapse of the Euro, David Riley the head of sovereign ratings for Fitch, said on Wednesday.