US wars in Afghanistan and Iraq will cost taxpayers up to 6 trillion dollars or 75.000 dollars for every US household, “the most expensive wars in US history,” a new report has revealed, adding that these campaigns will dominate future federal budgets “for decades to come”.
Britain's most senior military chiefs met with their US counterparts as a group, bringing them together as a Combined Chiefs of Staff Committee for the first time since 1948. This time, the Chiefs were not discussing current or prospective operations but instead met to discuss the strategic challenges the UK and US militaries may face in the future.
Edinburgh, the Royal Navy's last remaining Type 42 destroyer, returned to Portsmouth from her final deployment last week. The 30 year old warship has spent the past 6 months patrolling the Atlantic and over the years has been in several assignments in the Falkland Islands and South Georgia.
The Brazilian economy is expected to grow 3.1% this year while inflation will reach 5.7% according to the latest estimates from the Central bank released in its “Quarterly inflation report”. In the previous report at the end of last year inflation was estimated at 4.8% but there was no figure for growth.
Brazil is after “brains and human capital” and a special Strategic Actions Secretariat (SAE) which depends directly from the Executive is working on a strategy to attract selective quality immigration according Ricardo Paes de Barros head of SAE interviewed by the Miami Herald.
Uruguayan exports of goods in March continued falling thus closing a discouraging first quarter, according to Uruguay XXI, the country’s agency responsible for promoting trade and investment in the country.
By R. Viswanathan - Yes… steady is the word to describe the growth of India's trade with Mexico, the second largest market of Latin America. The bilateral trade reached 6.29 billion dollars in 2012 from 4.15bn in 2011, 2.9bn in 2008 and 1.03bn in 2003.
President Jose Mujica confirmed that the project for the construction of a liquid gas re-gasification plant in the River Plate coast, originally planned with Argentina, “will go ahead with of without the Argentine government”.
The Brazilian government postponed until next year increases in taxes on the sale of cars and trucks in a bid to stimulate demand for manufactured goods and spur economic growth, announced the Finance Ministry.
Argentine president Cristina Fernandez will lead on Tuesday the commemorations of the 31st anniversary of the Falklands/Malvinas war in the Patagonian city of Puerto Madryn.