Grenada foreign minister Nickolas Steele is in Buenos Aires for a two-day visit which included a meeting with his peer Hector Timerman and other top officials from the foreign ministry to discuss cooperation, economic development and trade issues.
The UK should abandon its current drugs policy because the war on drugs is not being won, Nick Clegg has said. Speaking on a visit to Colombia, the deputy prime minister said different approaches were needed although he did not back full legalization. He also praised President Juan Manuel Santos commitment to the peace process with FARC and welcomed the human rights' policy.
The Argentine government announced on Tuesday it has started “a thorough investigation on major foreign trade companies” which have allegedly registered accounting irregularities for 6.8 billion dollars. Cabinet Chief Jorge Capitanich said the Central Bank has reported “mining, grain, food, car and oil companies have exported but failed to account for foreign currency income.”
Quasi monies could be back in Argentina since many provinces and city councils are running short of funds and the federal government is not sending the checks be it because of political differences or simply because there is not enough money to go around.
Brazil's balance of trade began 2014 with disappointing results, after closing January with a deficit of 4.06 billion dollars, according to the figures released by the Ministry of Industry, Development and Foreign Trade. Exports totaled 16.02bn dollars, while imports reached 20.08bn.
Mercosur through its pro-tempore presidency under Venezuela is involved in a round of contacts to agree on the group's much delayed XLVI summit which has been postponed because of problems with 'presidents' agenda', revealed Paraguayan foreign minister Eladio Loizaga.
The Argentine currency ended trading on Friday, the first month of 2014, at 8.01 Pesos to the US dollar with an accumulated devaluation in January of 18.63%, the greatest loss in a single month since 2002. However market analysts described the situation as a depreciation 'sustained and managed' by the government of President Cristina Fernandez.
The economies of Argentina and Venezuela are the least well-off in the region due to pressures on inflation, the balance of payments, and foreign exchange markets that developed last year, the International Monetary Fund warned.
Uruguayan president Jose Mujica said there is 'nothing guaranteed' in the coming talks with Argentina over a long list of bilateral issues, in reference to his meeting on Tuesday with president Cristina Fernandez in Cuba on the sidelines of the recent Celac summit. Mujica was interviewed by a Uruguayan television channel.
Penguin-chick mortality rates have increased in recent years off the coast of Argentina, a trend scientists attribute to climate change and expect to worsen throughout the century, a new study finds.