Uruguay is experiencing, in recent months, a marked drop in investment and the generation of employment. Uruguayan Economy Minister Danilo Astori admitted Wednesday the fall of public accounts, with an annualized fiscal deficit in April that was 4.8% of GDP, and opted to provide greater incentives to investors and entrepreneurs. The Uruguayan press accuses the government of betting on the hope that the results will begin to be felt in the second half of the year, as it was heard a while ago in Argentina under the administration of President Mauricio Macri.
At least 15 people were injured when an Airbus 330 flying from Lima to Buenos Aires encountered severe turbulence, Argentina's national news agency Telam and other media reported.
A very emotional ceremony took place last Wednesday at Goose Green in the Falkland Islands in remembrance of those who gave their lives for the freedom of the small community which had been locked up by the invading Argentine forces in 1982.
The local sub-committee of the Falkland Islands Association which has in various forms defended Falklands' interests since 1968, has sent out an email to all its members asking them “to give a rough outline of how they view the current political situation together with any ideas or fears they may have for the future and anything they would like to see the FIA doing on their behalf.”
Opponents of Argentina's President Mauricio Macri launched a 24-hour strike on Wednesday to protest the government's inability to reduce inflation that has reached 55% over the past year. The strike paralyzed public transport while all flights to and from the country's airports were canceled. Banks, schools and universities remained closed.
Activists and lawmakers in Argentina relaunched a bid to legalize abortion on Tuesday with a new bill before Congress and a major demonstration planned, resuming a battle that has divided the homeland of Pope Francis ahead of October's general election.
Barely a week after the Alberto Fernández-Cristina Fernández de Kirchner (CFK) ticket for the upcoming presidential elections in Argentina was announced, the unexpected Peronist-Kirchnerist pairing is over ten points ahead of incumbent President Mauricio Macri and whomever he picks as his running mate, according to two polls sponsored by the center-left Página 12 newspaper, it was reported.
The junior partner of the Argentine ruling coalition, the center-left Radical party, UCR, at its national convention, and after much debate finally agreed to remain as a junior member of, Cambiemos(Let's Change), headed by president Mauricio Macri.
Argentina's beleaguered industrial activity fell 10.3% in April due to the peso's devaluation coupled with rampant inflation, the Argentine Confederation of the Medium-Size Company (CAME) reported over the weekend.
Former Argentine President Cristina Fernández de Kirchner Friday released a new book - Una Política Exterior Soberana - (A Sovereign Foreign Policy), a compilation of her most emblematic speeches on the international arena during her eight years at the helm of the Casa Rosada.