Despite the efforts from the administration of President Cristina Fernandez that brokered a price freeze for another two months with the main supermarket chains of Argentina, March inflation according to the average of private estimates stood at 1.54% and 24.43% in the last twelve months.
Six years ago this week Argentina’s icebreaker ‘Almirante Irizar’ and symbol of the country’s presence in Antarctica caught fire and was an almost loss. The government pledged to have the vessel back sailing in a couple of years but now it has surfaced that only 50% of repairs have been completed and the whole enterprise is involved in deep controversy.
The FAO Food Price Index (FPI) crept higher by one percent in March compared with a month before, driven mainly by an 11% increase in dairy. Dairy products carry a 17% weight among the various commodity prices included in the calculation of the overall FPI.
Chile’s student movement on Thursday offered another demonstration of its clout, bringing tens of thousands onto the streets of the capital Santiago to demand the overhaul of an educational model that dates from the Pinochet dictatorship.
The Brazilian government called this week an emergency meeting to discuss measures to curb the influx of hundreds of illegal immigrants along its northern border.
President Dilma Rousseff will make the first formal state visit by a Brazilian leader to the United States in nearly two decades, according to Reuters’ news agency. The trip allegedly will occur later this year likely in October, officials said on condition of anonymity because the White House has not yet announced the visit.
G8 foreign ministers strongly condemned North Korea over its nuclear program on Thursday but failed to bridge divisions over Syria beyond calling for more humanitarian aid for victims of the conflict.
Mercopress correspondent Harold Briley knew Margaret Thatcher well, here reminiscing on fifty years of reporting her activities for half a century as a BBC Political, Latin America. Defence and East Europe Correspondent.
Venezuelan incumbent presidential candidate Nicolas Maduro’s closing campaign rally will have a special guest on Thursday with football legend Argentine Diego Maradona giving a celebrity boost to the colourful presidential elections that will test Hugo Chavez’s populist legacy.
The cost of Lady Thatcher’s funeral next Wednesday will be revealed afterwards, but the Daily Mirror has estimated it could be as high as £10m. The taxpayer is expected to foot most of the bill, with the Thatcher family agreeing to make an unspecified contribution.
Foreign Secretary Hague said Britain could afford to cover some of the costs.