The Irish government is expecting a report from the European Commission setting out the economic impact on Eire of a potential trade agreement between the EU and Mercosur.
Caroline Graham from London's Mail on Sunday visited the Falkland Islands for a week and chance had it she arrived when a commercial oil strike was announced by one of the several companies exploring offshore the Islands.
Argentine President Cristina Fernandez de Kirchner announced a package of measures to mitigate the effects of ash spewing from Chile's Puyehue volcano that has upended air travel, tourism and farming in Patagonia.
Argentina and Chile have reached an understanding to join efforts in promoting receptive tourism in far distant overseas markets. The document was signed last week by Chile’s Deputy Secretary for Tourism Jacqueline Plass and the Argentine Tourism minister Enrique Meyer at the Argentina embassy in Santiago de Chile.
Toyota, the world's biggest automaker said Monday it will temporarily halt work at factories in Brazil and Argentina due to the lack of parts from Japan after the massive March quake and tsunami.
Following the second rescue of Greece, Spain is the next candidate to request a major financial aid package according to William Hill one of the largest bookmakers in the United Kingdom.
Uruguay consumer prices increased 0.35% in June, completing 8.61% in the last twelve months, which remains above the Central bank target of 4% to 6%, and the latest estimate of 7.8% presented last week by the Executive in its additional budget report to Congress.
Mercosur idea of a common trade defence policy has been present since the nineties but the initiative is difficult to implement because agreeing on a joint safeguard does not necessarily meet the demands of different interests, according to a leading economist from Brazil’s Getulio Vargas Foundation, GVF.
Mercosur/European sixth round of negotiations to reach a wide ranging cooperation and trade agreement took off Monday in Brussels, but rather timidly with no immediate prospects of an exchange of proposals for market access.
Ratings agency Standard and Poor's warned on Monday that efforts to bailout Greece involving private banks could amount to a debt default even as Brussels sees progress being made in resolving the crisis.