One of three copies of the telex signaling the end of the conflict between the UK and Argentina over the Falkland Islands and other South Atlantic islands will be auctioned by Bonhams on the conflict’s 30th anniversary.
Brazil will cut 55 billion Reais (32 billion dollars) from this year’s budget to allow interest rates to fall, while increasing investment to boost growth in the world’s second-biggest emerging market.
The Argentine government faced with growing resistance to mining projects without the proper environment and resources assurances, which has led to demonstrations and sometimes violent clashes with police, has sponsored the creation of the Federal Mining Organization which brings together all those provinces with mining interests.
Brazil urged the World Bank on Wednesday to give proper consideration to developing country candidates to replace outgoing president Robert Zoellick and not just go with an American.
TAM, Brazil's largest airline, reported a fourth-quarter profit on rising ticket prices, fanning expectations of more profitable operations in the year ahead despite recent cost pressures.
The Argentine Confederation of Transportation Workers (CATT) ratified on Wednesday that it would randomly block British ships from docking on Argentine ports, in response to the UK’s refusal to negotiate the Malvinas Islands’ sovereignty.
Argentina’s largest energy company YPF, dropped the most in the Buenos Aires Stock Exchange’s leading share index on Wednesday after the federal tax agency banned it from importing and exporting because of an unpaid tax bill.
It took a couple of days but finally on Wednesday US State Department spokesperson Victoria Nuland said the US “has no concerns” about the alleged ‘militarization’ of the South Atlantic which was denounced by Argentina last week before the United Nations at three different levels.
On the 45th anniversary of the treaty that created a nuclear-weapon-free zone in Latin America and the Caribbean, Secretary-General Ban Ki-moon hailed the pact as an example of how regional initiatives can advance global norms on nuclear disarmament, non-proliferation and the peaceful use of atomic energy.
Argentine President Cristina Fernández will make an official visit to Chile next month, amidst a power struggle as both Argentina and the UK struggle to gather support from the international community in the Falklands/Malvinas Islands controversy.