The rate of poverty in Argentina dropped to 5.4% last year and indigence was down to 1.5%, according to data released by the controversial government’s stats office, Indec. A person ceases to be indigent in Argentina if he can feed on 6 Pesos daily, which based on the official rate is just over one dollar but in the parallel market 75 US cents.
President Nicolas Maduro's government declared a 90-day “emergency” in Venezuela's electricity sector this week to speed up infrastructure work and equipment imports needed to prevent politically-contentious power cuts.
The United States Mint has temporarily suspended sales of one-tenth ounce American Gold Eagle bullion coins. The suspension was indicated late Tuesday within a memo distributed to authorized purchasers citing recent strong demand for the gold bullion coins.
China is on course to overtake the US as the world’s top crude importer by 2014, as the Asian country’s growing refining capacity boosts demand and America’s fracking boom cuts the need for foreign oil, OPEC said in its monthly report.
“The Falkland Islands is about people; it is not about rocks. It is about people’s right to lead lives as they wish to lead them. As people in Argentina can: to live in peace, prosperity. It is about making their choices and leading their lives and having their home as an expression of their wishes, not somebody else’s wishes. They should be able to self-determine their own futures”.
Tourism ministers and government representatives from Peru, Colombia, and Ecuador have agreed to collaborate on the implementation of a joint smart visa system. The system will allow visitors to the region to benefit from a facilitated and more secure entry.
Landlocked Bolivia sued neighboring Chile on Wednesday in the Hague before the International Court of Justice as it pressed a longstanding claim to recover land lost in a 19th century war and thus regain access to the sea.<br />
Chile quickly responded that the issue was not negotiable.
Three Latin American presidents called for inclusive growth in the region through comprehensive reforms at the opening of the 2013 World Economic Forum on Latin America which is taking place in Lima, Peru.
A new bird flu strain that has killed 22 people in China is one of the most lethal of its kind and transmits more easily to humans than another strain that has killed hundreds since 2003, a World Health Organization (WHO) expert said on Wednesday.
The UK government has launched a legal challenge against plans for a European financial transactions tax (FTT), according to the BBC. The FTT will be adopted by 11 EU states, but not by the UK and Ministers fear it could be imposed on UK firms trading with businesses based in one of the 11 states.