Argentine president Cristina Fernandez ‘surgery has been satisfactory and is recovering favourably’ announced early Tuesday afternoon presidential spokesman Alfredo Scoccimarro addressing the media and pro-government supporters outside the Fundación Favaloro clinic in Buenos Aires
Vice-president and caretaker president Amado Boudou has “the worst negative image” of the Argentine government, according to a leading pollster in Buenos Aires. Mariel Fornoni from Management & Fit made the statement only hours before Boudou, and according to Article 88 of the Constitution, signed as acting president for thirty days during the medical absence of Cristina Fernandez.
Argentine President Cristina Fernandez (60) will undergo surgery on Tuesday morning to remove an accumulation of blood in her skull (subdural haematoma) following a blow in early August, according to a statement issued by the hospital where she is being treated.
Canada spied on communications at Brazil's Mining and Energy Ministry, according to Canadian intelligence documents revealed Sunday by Globo television. The documents were leaked by former US intelligence contractor Edward Snowden.
The IMF raised its 2013 economic growth forecast for Uruguay, but lowered its estimates for 2014, saying growth had moderated to a more sustainable pace after a decade of strong expansion.
Argentine President Cristina Fernández was diagnosed chronic subdural collection and prescribed one month of rest after suffering cardiac arrhythmia, according to the official release from Government House on Saturday. Vice President Amado Boudou will manage the Cabinet for the upcoming 30 days.
Uruguay’s latest soybean crop was the highest in history, 2.76 million tons with an increase in the area planted and in yields according to the latest survey from the Ministry of Agriculture and Livestock. The area dedicated to soybean climbed 20% and reached 1.049.000 hectares.
Uruguay’s consumer inflation soared 1.36% over August in September boosted by increases in energy and fuel, transport, milk and other basic items, according to the latest release from INE, the government’s data office. This means inflation in the last twelve months climbed to 9.02% from a month ago (8.86%) and 8.2% in the first nine months of 2013.
Brazil offered Paraguay the rotating chair of Mercosur as of next December, as part of an overall understanding to have the landlocked country return to the block, while accepting the incorporation of Venezuela as a full member of the group. Paraguay rejects Venezuela’s membership alleging it was done against the will of its Senate and in breach of national and international law and of the Mercosur charter.
Two days ago, former Brazilian billionaire Eike Batista crossed a line. He started to default on a 45 million dollars interest payments on his oil and gas company, OGX's, bonds. The default will be official on October 30th, according to Bloomberg. That leaves bondholders, like PIMCO, the largest bond fund in the world helmed by legendary investor Bill Gross, taking a massive hit. And what's worse is that there could be more to come, according to the Wall Street Journal.