A Brazilian court has found Barcelona striker Neymar guilty of tax fraud and ordered him to pay 188.8 million Reais (US$ 52.2) in back taxes, interest and penalties according to reports on the local media on Friday.
The Argentine government expressed its concern about the impact the Brazilian political crisis will have on trade between the two countries. Argentina and Brazil are the principal partners in the Mercosur common market, which also includes Paraguay, Uruguay and Venezuela. Brazil and Argentina are mutually principal destinations for their manufactured goods, meaning that bilateral trade is crucial for both.
There is no doubt about the participation of the United States in Argentina’s bloody 1976-1983 military dictatorship, Human Rights Secretary Claudio Avruj said in Buenos Aires following the news that Washington announced it will declassify military and intelligence files from the Dirty War period ahead of Barack Obama’s visit to the country.
A 1951 Cadillac which was Argentina's charismatic leader Evita Peron official limousine will be auctioned on Sunday 20 March by Bonhams at Chichester, southern England. The going price for the black classic, which was also used by Evita´s husband, three times Argentine president Juan Domingo Peron, is estimated at between 120.000 and 150.000 Euros.
FAO's latest Cereal Supply and Demand Brief forecasts a 1.4 percent drop in worldwide wheat output in 2016, due mainly to dry weather leading to reduced winter plantings in the Russian Federation and Ukraine. However, China and Pakistan are expected to sustain near-record wheat harvests, and India's output is anticipated to recover.
US markets rose on Wednesday, following the decision by the Federal Reserve to keep interest rates unchanged and a statement indicating the rate would only rise twice in 2016. The Dow Jones industrial average climbed 79.64 points to 17,331.17. The S&P 500 gained 11.68 points to 2,027.61, while the tech-focused Nasdaq index was up 35.30 at 4,763.97.
The New York Times published on Thursday an editorial in which the newspaper referred to president Barack Obama’s visit to Argentina next week and the role played by the United States in the country’s 1976-1983 civil-military dictatorship, saying the president of that country “should make a pledge that Washington will more fully reveal its role in a dark chapter of Argentine history.”
Former leader Lula da Silva was sworn in as President Dilma Rousseff's chief of staff on Thursday amid a deepening crisis in Brazil as protests against his appointment continued for a second day and a judge sought to block the move.
Brazilian share prices surged on Thursday to close 6.6% higher, a seven-year record, after fresh setbacks to populist President Dilma Rousseff raised the prospect of her being driven from power.
Argentina is willing to “make concessions” in order to move forward with a free-trade agreement between Mercosur and the European Union (EU), which will likely allow a greater export of agricultural produce, according to Argentina's Trade Secretary Miguel Braun who then reveled that trade offers will be exchanged on April 8.