The head of the public body coordinating planning for the 2016 Olympics in Rio de Janeiro has resigned, raising concerns about the city's ability to stage the first games in South America. Resignation of Marcio Fortes, who headed the Olympic Public Authority, was confirmed Wednesday by the organization.
Brazil's economic activity grew at a slightly slower pace than expected in June despite strong industrial output, data showed on Thursday. The central bank's IBC-Br index climbed 1.13% in June from May in seasonally adjusted terms, up from a decline of 1.50% in the previous month.
Conservative businessman Horacio Cartes was sworn in as president of Paraguay on Thursday, amid slowly improving relations with South American neighbors, and Mercosur members, damaged by the 2012 removal of populist President Fernando Lugo, who was impeached on incompetence.
Roger Boyes, Diplomatic Editor of The Times, has criticised the recent tactics by Spain and urges the conservative government to return to a more positive approach to the Gibraltar question. Likewise by invoking the Falklands and making common anti-British cause with Argentina the Spanish PM “has burnt his boats with British PM David Cameron”.
Spain’s Foreign affairs ministry Director General Ignacio Ibañez confirmed that Spain’s Foreign Minister José Manuel García-Margallo, would raise Gibraltar and the Falkland Islands with his Argentine counterpart, Hector Timerman, during a visit to Buenos Aires in early September.
Most presidents and top authorities that will attend the inauguration of Paraguayan president-elect Horacio Cartes on Thursday morning arrived in Asunción on Wednesday and most of them have already held private meetings with the future leader of the country.
In an extremely aggressive speech in the aftermath of primaries defeat, Argentine president Cristina Fernandez blasted the media for misinterpreting electoral results, charged against the Mayor of Tigre Sergio Massa who was the big winner on Sunday, pressed for full commitment from her allies and promised more of the same in support of the ‘socially inclusive model’.
Argentine Economy minister Hernán Lorenzino on Wednesday ratified current policies and strongly rejected an increase of budget austerity measures, while defending the debt reduction policy, but admitted the country “still suffers” from consequences of the international financial crisis.
Argentina’s inflation according to the ‘congressional index’ reached 2.55% in July and 24.9% in the last twelve months was announced on Wednesday by members from the opposition in the Lower House.
Britain is likely to win a case against Spain over the imposition of excessive border queues and could get an interim order to ease the controls from the European Court of Justice said Professor Damian Chalmers an expert in EU law at LSE and who is a Jean Monnet Chair and was editor of the European Law Review and EU Jurist.