
Argentina's 12-month inflation expectations slid in October for the first time in eight months, according to the median estimate in a survey published by the Torcuato Di Tella University, UTDT.

Argentine Economy minister Hernan Lorenzino struck back at Colombia’s claim that it has overtaken his country to become South America’s second largest economy behind Brazil.

Newsweek, the venerable US weekly magazine covering current events, will publish its final print edition on Dec. 31 and move to an all-digital format early next year, two top executives said.

German Chancellor Angela Merkel demanded stronger central powers for the European Union's executive to veto national budgets that breach EU rules, risking a clash with close ally France at a summit of the bloc's leaders.

Gold miner Minera IRL Ltd reports it has secured government permits to build its Don Nicolas pit mine in Argentine Patagonia and is now seeking financing to get the 57 million dollars project up and running next year, the company said on Wednesday.

Brazil natural gas output could nearly double by 2020, reaching up to 120 million cubic-meters a day, as Latin America's largest economy increases the number of offshore platforms to take advantage of huge deep-sea oil reserves, the general director of the National Petroleum Authority, ANP, said this week.

Moody's Investor Service announced on Wednesday it has downgraded the issuer and debt ratings of several provinces and cities in Argentina, due to the risks these states may face to access foreign currency and serve their obligations in foreign currency.

Brazil's former President Lula Da Silva blasted the protectionist measures of the developed countries and called for the alliance between businessmen from his country and Argentina's, as he highlighted that Brazil grows, but with a controlled inflation rate.

When Argentina proposed a brutal 65% haircut to holders of its defaulted sovereign bonds in a 2005 restructuring, one argument the country’s officials used to justify the offer was that the country could not take on more debt than it could reasonably expect to pay. As painful as the loss might be, the argument went at least the new bonds the government would issue would be creditworthy.

Australia shipped 22,648 tonnes swt of beef to Japan during September, the lowest monthly volumes since December 2003 (with the exception of January).