Venezuelan opposition candidate Henrique Capriles claimed that acting president Nicolas Maduro with his latest decision approving a new devaluation of the local currency Bolivar is destroying the country, and he is achieving it in the hundred days he has been running the government.
The Venezuelan government said on Wednesday it has suspended a channel of communications with Washington as it escalates tension and polarizes public opinion ahead of elections to replace the late president Hugo Chavez.
Argentina ratified its controversial trade policy during the periodic country review at the World Trade Organization, WTO, arguing Argentina has grown sustainedly since 2003, as have social indexes supported by the strong and successful re-industrialization program.
President Cristina Fernandez called an urgent meeting on Wednesday evening of her economic team following a day of hectic trading in the currency exchange market which had the US dollar climb to 8.75 Pesos in the parallel market, expanding the gap with the official rate to almost 70%.
The governments of Mexico and Brazil have agreed to the exemption of the short-stay visas in ordinary passports for their citizens. The move is designed to increase the flow of travellrs between the two nations.
The number of cruise-vessel calls in Uruguayan ports has increased 9.3% so far in this 2012/13 season with an influx of 20 million dollars for the local economy revealed Deputy minister of Tourism Antonio Carambula during a primary evaluation of business vis-à-vis the 2011/12 results.
South American countries, as in other times are again attracting migrants looking for work and a place to live, according to a report from the International Organization for Migration, IOM, which states that the US and Canada continue to lead immigrant preferences in the Americas but interest has started to drop.