The 2015/16 cruise season has taken off in Argentine Tierra del Fuego with the arrival on Monday, of 'Ushuaia' and 90 passengers, one of the 331 calls which are estimated according to Ushuaia authorities. Gianfranco Guardamagna head of the Tierra del Fuego Tourism Institute recalled the significance of the cruise industry for Ushuaia, since the austral city commands 95% of all international Antarctic tourism.
The value of Latin America’s exports will continue to decline through 2015 by 14%, with Argentina faring slightly worse with a reduction of 17%, says the UN Economic Commission for Latin America and the Caribbean (ECLAC) report, which also indicated that the value of imports to Argentina are set to fall by a smaller 10%.
Brazil's opposition filed a new impeachment petition against President Dilma Rousseff on Wednesday, accusing her of illegal accounting practices. The much-anticipated petition, whose authors include a founder of Rousseff's Workers' Party, was handed over to congressional lower house speaker Eduardo Cunha.
Brazil's central bank kept interest rates on hold on Wednesday, for a second straight month despite a jump in inflation expectations. The decision not to raise rates will give a breather to President Dilma Rousseff, who is fighting for her political survival amid the country's worst economic and political crisis in 25 years.
Russia and Mexico – non-OPEC countries, which have been invited to participate Venezuela-proposed meeting this week – have no intention to cut oil production, International Oil Daily reported.
Malvinas war veterans will march next Friday in downtown Buenos Aires up to the British Embassy to demand that DNA tests of the remains in 123 unidentified graves at the Argentine memorial cemetery in the Falkland Islands be allowed to commence.
Argentine president Cristina Fernandez and Russia's Vladimir Putin exchanged praise and compliments during a videoconference on Wednesday marking the 130th anniversary of the establishment of diplomatic relations between both nations.