Argentina’s Central bank international reserves have fallen below the 40bn dollars benchmark, which is the lowest in six years, according to the bank’s official data. So far this year the drain has been 3.48bn dollars and 12.84bn from the record 52.6bn of January 2011.
France said it would block proposed negotiations on a free trade agreement between the European Union and the United States unless cultural sectors, such as television and radio, were excluded from the talks.
Italy's parliament failed to elect a new state president in the first two votes on Thursday with a centre-left rebellion against leader Pier Luigi Bersani torpedoing his official candidate and prolonging a political stalemate.
United States Congressman Mario Diaz-Balart released a statement after introducing a House Resolution recognizing the Falkland Islands referendum which was held March 10/11 with an overwhelming turnout and result.
“We’re optimistic about Sunday’s election and the future of Paraguay if we can agree on long term state policies, but something is for certain: democracy in Paraguay is here to stay” said Ricardo Caballero Aquino, Chargé d’affaires of the Paraguayan embassy in Montevideo who was also positive about future relations with Unasur and Mercosur.
Brazil’s central bank on Wednesday raised its benchmark rate for the first time since July 2011 as policy makers seek to slow inflation levels. The bank’s board, led by President Alexandre Tombini, voted 6-to-2 to increase the Selic rate 25 basis points to 7.50% from a record low.
United States researchers claim to have developed the world's most powerful batteries that can jump-start a dead car and recharge your phone in the blink of an eye.
Argentine President Cristina Fernández will travel to Lima for a UNASUR meeting on Thursday in which regional countries are expected to express their support for the elections results in Venezuela and President elect Nicolas Maduro.
Paraguay will be electing a new president on Sunday and its re-incorporation to the Union of South American Nations, Unasur could happen under the new government anticipated Salomon Lerner, chief observer of the regional group.
On Thursday evening all of Paraguayan presidential candidates will be holding their final rallies after which begins a 48-hour ban of all electoral activities ahead of Sunday’s general election. Two candidates outstand in the dispute, Horacio Cartes from the Colorado party and Efrain Alegre from the ruling coalition headed by the Liberals.