On what he described as the “first and last time” he will address the United Nations General Assembly, the President of Paraguay, Federico Franco, affirmed that his country will not abide by any infringement on its sovereignty.
A report into the Libor rate-rigging scandal says the system is broken and suggests its complete overhaul, including criminal prosecutions for those who try to manipulate it. Its author, regulator Martin Wheatley, told the BBC that bankers guilty of fixing Libor in future could be jailed.
President Cristina Fernandez speaking at Harvard University denied there was a “dollar clamp”, chided some students for making the same “monochord questions” as the Argentine media, attacked the IMF and finally described a question on her wish for re-re-election as ‘abstract’ since it does not depend from her or a single party.
United Nations officials highlighted on Thursday 27 September the role that tourism can play in achieving sustainable development objectives, as they marked World Tourism Day.
Argentina has “stronger financial support than other countries” and will adopt tough policies to guard the nine years of economic achievements, said Economy Deputy Finance Minister Axel Kicillof addressing the Lower House Budget and Finance Committee to discuss the main guidelines for next year’s budget.
Argentine Foreign Minister Héctor Timerman met with his Iranian counterpart Ali Akbar Salehi at the United Nations headquarters in New York, and announced that they decided to continue negotiations through government officials from both ministries in Geneva next month.
Foreign trade in Latin America and the Caribbean will suffer from the economic slowdown that started in the second half of 2011. The value of regional exports will increase by 4% in 2012, whereas imports will grow 3% - according to estimates presented in the new Economic Commission for Latin America study released on Thursday.
Chilean fruit exports to China have experienced a great increase in recent years having jumped 35% in 2011 (over 2010), with a value of 438 million dollars, according to statistics provided to the Chilean Ministry of Agriculture, which place Chile as one of the main fruit providers from the southern hemisphere.
Colombian President Juan Manuel Santos said on Wednesday before the UN General Assembly he is cautiously optimistic that his government can reach a peace deal with Marxist rebels. Santos added he wants to return to New York next year and announce that his conflict-battered country has signed a peace agreement.
Four Brazilian manufactured A-29 Super Tucano fighter planes arrived at East Jakarta’s Halim Perdanakusuma Base in the first wave of new “counter-insurgency” turboprop fighters purchased as part of the Indonesian Military’s (TNI) push to modernize its fleet.