Oil World cut its forecast for Brazil and Paraguay soybean production, extending the run of downgrades amid ideas that rains in the last two weeks has been insufficient to put a hold on crop losses.
Brazil imposed additional levies on the import of blankets from Mercosur associates Paraguay and Uruguay alleging triangulation of Chinese textiles, which are restricted because of dumping practices.
FIFA has asked Argentina's football leaders to explain reports that their league has been named after a naval ship sunk by British forces during the Falkland Islands conflict 30 years ago.
Rating agency Moody's announced on Tuesday it had downgraded six European nations including Italy, Spain and Portugal, citing growing risks from Europe's debt crisis, and warned it may cut the triple-A ratings of France, Britain and Austria.
Argentina’s head of the ruling Victory Front’s bloc in the Lower House Deputy Julián Domínguez labelled those who lashed out against Deputies and Senators for doubling their salaries as “hypocrites”.
The Argentine government confirmed on Tuesday through a letter sent by Foreign Minister Héctor Timerman to the United Nations (UN) General Assembly President, Nassir Abdulaziz Al-Nasser, that Argentina had accepted the mediation offer in order to find a pacific solution with the United Kingdom over the sovereignty of the Malvinas Islands.
Dozens were arrested and injured in downtown Buenos Aires when groups of former Argentine soldiers that fought during the Malvinas war clashed violently with the police demanding to be recognized as full veterans.
Argentine President Cristina Fenandez again full of stamina criticized farmers, business people and workers’ unions, and at the same time called on all sides involved to live in the real Argentina, “not fantasy land, because Argentina is not Disneyland”.
The US State Department said on Monday that if Cuba wants to participate in the coming Summit of the Americas to be hosted by Colombia, it must first fully integrate to the Organization of American States and guarantee the basic liberties of its citizens.
President Barack Obama called on Monday for aggressive spending to boost growth and for higher taxes on the rich, laying out an election-year vision for the US in a budget that was criticized sharply by Republicans for failing to curb the deficit.