
The Argentine ambassador to the United States, Jorge Argüello, warned that the world is infested with the “ghosts of a trade war” as he witnesses the protectionist measures applied by developed countries.

Argentines should stay at home and spend their vacation in Argentina, suggested the head of the tax revenue office, AFIP, arguing in favour of the latest measures severely limiting debit and credit card purchases abroad by charging them an additional 15% expense.

Tony Mason, the newly appointed managing director of the Falkland Islands Tourist Board (FITB), has just taken up his position in Stanley, the Falklands’ capital. Originally from Atlanta, Mason is responsible for overseeing the tourism strategy.

The Falkland Islands total allowable effort and catch limits for 2013 will be largely the same as in 2012 it was agreed at the Islands’ Fisheries Committee Meeting this week.

Federal Reserve Chairman Ben Bernanke said on Friday progress in bringing down US unemployment was too slow and the central bank would act as needed to strengthen the economic recovery.

Argentina on Thursday officially lodged a dispute against US restrictions on imports of Argentinean beef and other meat products, the World Trade Organization (WTO) said on Friday.

Colombia’s outgoing Finance minister Juan Carlos Echeverry said on Friday that the country’s GDP overtook Argentina’s thus making Colombia’s economy the second largest of South America and third of Latinamerica, behind Brazil and Mexico.

The Brazilian economy expanded 0.4% in the second quarter of the year over the previous three months, and 0.5% over the same period a year ago, according to the latest release from the country’s official Brazilian Geography and Statistics Institute, IBGE.

“We’re a free country with dignity and national pride; we are nobody’s employee or subordinate” challenged Argentine president Cristina Fernandez after it was revealed that the US, Spain and Germany at the Inter American Development bank (IDB) had voted against granting the country a loan.

Argentine credit card purchases abroad will be charged with an additional 15% income tax advance, AFIP tax agency reported on Thursday. The extra amount will be deductible from the income tax and the personal assets tax.