Politics

Wednesday, April 24th 2013 - 22:50 UTC
US dollar soars in Argentina and is just a few cents away of 9 Pesos in the parallel market

The US dollar in Argentina’s ‘blue’ or parallel market skyrocketed on Wednesday to 8.91 and 8.94 Pesos, beating the previous record of 8.75 Pesos from March 20, previous to Holy Week. The official rate meantime remained relatively stable and closed trading at 5.13 and 5.18 Pesos, which means the gap between the two markets stands at 71%.
Wednesday, April 24th 2013 - 06:50 UTC
Cristina Fernandez hosts Rousseff to address political and trade issues

Brazilian president Dilma Rousseff will travel to Buenos Aires on Thursday for a two-day meeting with her Argentine counterpart Cristina Fernández and discuss political and trade matters between the two countries after an imports drop in Argentina last year and the cancelling by Brazil of a major investment project.
Wednesday, April 24th 2013 - 06:47 UTC
Venezuela’s Maduro talks to Cartes and calls for re-establishment of relations

In a surprise move Venezuelan president Nicolas Maduro talked on Tuesday to Paraguay’s president-elect Horacio Cartes to congratulate him on Sunday’s election and express interest in retaking the “rhythm of bilateral relations”, which were interrupted when the removal of Fernando Lugo.
Wednesday, April 24th 2013 - 06:23 UTC
Unasur greets president elect Cartes and congratulates the Paraguayan people

The Union of South American Nations, UNASUR, congratulated the Paraguayan people for their civic commitment in last Sunday’s presidential election and greeted Horacio Cartes, who was the winner with 46% of ballots.
Wednesday, April 24th 2013 - 06:18 UTC
Maduro calls on Washington for dialogue, but based on ‘respect’ and ‘no threats’

Venezuelan President Nicolas Maduro named a new acting head of its US diplomatic mission in Washington and sent an offer of dialogue after attacking the United States for “interference” in a row over his election.
Wednesday, April 24th 2013 - 06:14 UTC
Eight years late Cuba’s Ladies in White collect the Sakharov Prize

Members of the Cuban dissident group Ladies in White collected Tuesday the Sakharov Prize that the European Parliament awarded them in 2005, and in the process had harsh words to say about the situation in their homeland.
Wednesday, April 24th 2013 - 05:49 UTC
Brazil to the rescue of the sugar-ethanol industry with lower taxes and soft credit

The Brazilian government has come to the rescue of the sugar-ethanol industry announcing that as of next May first the mandatory content of ethanol in gasoline will increase from 20% to 25%, taxes on the sugar-cane fuel will be eliminated and there will be soft loans to keep expansion going.
Wednesday, April 24th 2013 - 01:47 UTC
Falkland Island''s tells MPs ‘we’re no quaint toy town’ on suggestion of changing Stanley’s name

A suggestion by some British senior Members of Parliament advocating a change of name for the Falkland Islands capital, Stanley to Port Margaret Thatcher in honour of the late Baroness had a strong reply from the local weekly, Penguin News.
Wednesday, April 24th 2013 - 01:34 UTC
Falklands’ debates contribution to Baroness Thatcher’s funeral costs

The UK public opinion controversy over the cost of Baroness Thatcher’s funeral has reached the Falkland Islands where a member of the public proposed a ‘six figure’ contribution towards the event from the local government.
Wednesday, April 24th 2013 - 01:06 UTC
Chile’s growing concern with soaring Peso and plummeting dollar in local market

Chilean authorities are feeling “calmer” with the exchange rate nearing 480 pesos per US dollar, Finance Minister Felipe Larrain said on Tuesday, as the currency retreated from the year-and-a-half highs it reached earlier this month.