Economy

• Monday, June 3rd 2013 - 05:22 UTC

  Despite Falklands, more than 100.000 Argentine tourists visited Britain

  

  Argentine tourists have staged a British invasion, with record numbers flying in to the UK in the last year, according to an article by Matt Chorley published in the Daily Mail. The influx of more than 100.000 visitors, up more than a quarter year-on-year, comes despite renewed tensions between the two countries over the status of the Falkland Islands.

• Monday, June 3rd 2013 - 05:17 UTC

  Uruguay ruling coalition warned about budget deficit and loss of labour productivity

  

  Uruguayan economic officials have warned the ruling coalition Broad Front about the regional risk-situation in complex Argentina and stalled Brazil, and its influence on Uruguay which needs to lower its budget deficit and improve labour productivity and competitiveness.

• Monday, June 3rd 2013 - 05:13 UTC

  Xi Jinping visits Mexico to try and improve political and trade cooperation

  

  The leaders of Mexico and China will meet for the second time in two months this week, a sign of deepening cooperation, even as the Latin American nation seeks to close a huge trade deficit. Chinese President Xi Jinping will be treated to a lavish two-day state visit in Mexico that begins on Tuesday, with an event at the Campo Marte military field with President Enrique Peña Nieto and a speech to Congress.

• Saturday, June 1st 2013 - 19:06 UTC

  Mercosur plan to delay summit and give time to Paraguay to return with full rights

  

  Paraguay is considering the announcement made by Uruguayan president Jose Mujica who suggested delaying the coming Mercosur summit in Montevideo scheduled for the end of June, ‘to wait and give time for Paraguay’ (currently suspended) to return to the block.

• Saturday, June 1st 2013 - 19:03 UTC

  Biden meets Rousseff, underlines the importance of a broader relationship with Brazil

  

  US Vice-President Joe Biden wound up a visit to Brazil on Friday saying it was high time the two largest economies in the Americas became closer partners in trade, investment and energy. He made the statement following a ‘wide-ranging discussion’ with President Dilma Rousseff at the Planalto palace in Brasilia.

• Saturday, June 1st 2013 - 17:34 UTC

  Argentina dollar markets waiting for implementation of the ‘whitewashing bill’

  

  The US dollar in Argentina’s parallel or ‘blue market’ finished on Friday the month of May down 6.4% from the 9.40 Pesos at the end of April, including a slight drop in the last day of trading, that took it to 8.75 Pesos and 8.80 Pesos, buying and selling price.

• Saturday, June 1st 2013 - 17:32 UTC

  Buenos Aires city mayor challenges CFK by launching ‘a price index audited’ by the civil society.

  

  Buenos Aires City Mayor Mauricio Macri launched on Friday a price index to be “permanently audited by the civil society” in Argentina’s capital, in a move that steps up the pressure on the inflation controversy surrounding President Cristina Fernandez administration.

• Saturday, June 1st 2013 - 17:27 UTC

  Argentina insists with self-sufficiency in oil production in four years

  

  Argentine President Cristina Fernández administration agreed with oil-producing provinces and unions from the sector to strictly control the levels of exploration, production, the amount of equipment in use and the total number of jobs in each of the oil fields across the country, with the goal of reaching hydrocarbon self-sufficiency within four years.

• Saturday, June 1st 2013 - 17:22 UTC

  Chile’s measures to appease Mapuches are failing; more violence expected

  

  Chile’s Araucania Prosecutor this week filed charged against Celestino Córdova Tránsito, an indigenous Mapuche who stands accused of arson leading to the death of an elderly couple of landowners last year. Francisco Ljubetic is also charging Córdova Tránsito with terrorist acts. Córdova Tránsito (26) is currently jailed pending trial.

• Saturday, June 1st 2013 - 03:38 UTC

  Cristina Fernandez with her mind set on October elections launches the 500 frozen-prices list

  

  The Argentine government has made public the list of the 500 products with ‘frozen prices’, until next October when mid term elections are scheduled. Consumers can check the information online at the website of the state news agency Télam and with the sites of several of the main supermarkets of the country.