Bank of England has agreed to extend its quantitative easing (QE) program by £50bn to give a further boost to the UK economy. When completed, it will bring the total amount of QE stimulus to £325bn.
The famous human rights crusader, the Spanish judge who won fame with his attempt to extradite former Chilean dictator Augusto Pinochet in the 1990s, is barred from office for eleven years for abusing judicial powers.
UK Prime Minister David Cameron said on Thursday no one should doubt his determination to keep the Falkland Islands British as he dismissed President Cristina Fernández announced complaint to the United Nations.
Santiago media reports increasing disappointment in the Chilean government and private sector with the latest batch of Argentine measures to restrict imports and want the issue ‘top of the agenda’ when President Cristina Fernandez visits Chile at the end of the month.
Argentina limited the use of cash in the country’s financial markets as President Cristina Fernandez tightens oversight of currency transactions to help contain capital flight and prepare for what is anticipated a ‘difficult’ year for the Treasury and the Argentine economy.
The head of the Importers Chamber of Argentina, Diego Pérez Santisteban, warned that the new imports controls applied by the government “is complicated,” and affects the bigger companies more than the small and medium ones of the sector.
Argentine congress members announced on Wednesday that the inflation index for January based on an average of private sector estimates reached 1.9%, similar to the previous month of December.
Argentina has the cash reserves to make a tender offer for Repsol-YPF SA local unit, the country’s largest energy company, and will likely put further pressure on the industry to boost output, has stated Barclays Capital.
Paraguay’s Vice president Federico Franco and his wife lawmaker Emilia Alfaro are in hospital in the capital Asuncion following infection symptoms of the mosquito transmitted dengue which is very common in tropical areas during the rainy season.
Chile declared a public health alert this week over a hantavirus outbreak that has killed three people and infected at least 10 others and which have been blame of the wildfires of a very hot summer.