Uruguay's fiscal deficit climbed to 3.2% of GDP during March, the highest since October 2003, --equivalent to 1.69 billion dollars--, but Economy minister Mario Bergara said that there is no risk for the sustainability of public accounts or sustainability of current macroeconomic policies.
Brazil's economic and social bank, BNDES, denied it was intent in financing Uruguay's deep sea port on the Atlantic coast, as repeated sources in the Uruguayan government have indicated.
Brazil confirmed this week that for the end of May or early June, Mercosur will be presenting its joint tariff-reduction proposal to the European Union for the conclusion of an ambitious, but long delayed, cooperation and trade agreement.
One of the most significant seabird by-catches in over a decade occurred in the South Georgia and South Sandwich Islands (SGSSI) Marine Zone last week, by the Chilean longliner Antarctic Bay.
Scottish First Minister warned that 12 countries could be barred from his country’s waters and would not even be allowed to pass through to reach Norwegian waters if an independent Scotland was refused European Union (EU) membership.
Despite Labor Day to honor workers, May begins with bad news for Argentine consumers: fare increases for trains and domestic flights tickets and rises on cigarettes and gasoline prices ranging from 4% to 100% in the case of train tariffs.
A clear majority of Uruguayans, 61% believe Argentina is the less friendly country, according to a March 13/23 public opinion poll, with 1.013 interviews in Montevideo and the main urban locations in the rest of the country.
The Spanish government is using the full force of the law to suffocate legitimate peaceful protest, Amnesty International in Spain has said. Jezerca Tigani, Europe and Central Asia Deputy Program Director for Amnesty, published a brief report last week in which he said that the excessive use of force by Spanish police and plans to strengthen repressive legislation are a damning indictment of the Spanish government’s determination to crush peaceful protest.
The European Commission's annual report on the European fishing fleet shows some progress towards achieving a balance between capacity and available fishing opportunities. However more remains to be done to ensure that stocks are managed in accordance with the objective of Maximum Sustainable Yield (MSY) and the Commission considers that there is still a need for active fleet capacity adjustment measures by Member States in order to achieve this.
The OAS Electoral Observation Mission has arrived in Panama, led by former Peruvian Congresswoman and presidential candidate Lourdes Flores Nano, for the final deployment of the 56 international experts and observers ahead of Sunday's general elections.