It's official: in the coming weeks a technical delegation from Argentina's Air Force will be travelling to China to assess the convenience of purchasing Chinese jet fighters to replace the obsolete French made Mirages. Only a month ago president Cristina Fernandez was in Beijing where she sealed an integral strategic alliance with China.
Brazil's utilities were granted an average special rate hike of 23.4% to cover the costs of a energy subsidy program that the government of President Dilma Rousseff has decided to stop funding directly, the country's electrical energy system regulator said on Friday, as reported by Folha de Sao Paulo.