A reliable universally accepted rate of inflation in Argentina seems hard to come by although there are a battery of estimates, each of them arguing they are supported by statistically proven methods and thus the certainty of the indexes released.
Brazilian police arrested a former Petrobras executive on Friday, sending the state-run oil company's shares and bonds down after a widening corruption scandal forced it to delay the release of its financial results.
UK described recent combined military exercises in and around the Falkland Islands as part of regular routine training. The statement follows on Thursday's strong Argentine protest, (which claims sovereignty over the (Malvinas) Islands), and called the military exercises a “new provocation”.
By Jaime Trobo (*) - Parlasur, acronym for Mercosur Parliament, decided to approve a declaration relative to the Malvinas Islands situation, and more specifically on the sovereignty conflict between the Argentine Republic and Great Britain, which has been ongoing for over 180 years with no reasonable accord.
The United States of America entered World War I in April 1917 and it is widely believed that turned the tide of the conflict. The wartime leader was Woodrow Wilson, whose progressive accomplishments were significant between 1912 and his re-election in 1916.
The Chikungunya outbreak which continues to affect thousands of Caribbean residents since it first appeared in St. Martin last year has been relatively self-limiting in the United States, due to the fact that the current strain only spreads through the Aedes egypti mosquito vector, which is uncommon on the US Eastern seaboard.
The UK supports new permanent seats for Brazil, Germany, India, Japan and an African representation as part of the reforms to the United Nations Security Council, said Ambassador Sir Mark Lyall Grant of the UK Mission to the UN, during a debate at the General Assembly.
The Falkland Islands Government said on Thursday it took notice of the announcement by Premier Oil of their revised proposal for commercial oil production in the Falkland Islands, which “it is considered represents a realistic solution to progress development in the current international oil price environment”.
With oil prices low and showing no sign of an immediate rebound, the industry is beginning to pull back on spending. Oil prices have dropped around 30% since summer highs, raising fears among producers across the globe.
By R. Viswanathan (*) - The reelection of President Dilma Rouseff means continuation of the slow growth of the Brazilian economy and a lower likelihood of much-needed, major political and economic reforms. India should lower its expectations on a global partnership with Brazil.