Argentina's central bank is currently losing international reserves at an average of 47,5 million dollars per day or 8 million per hour, according to the latest figures on the bank's accounts which is increasingly used by the government of President Cristina Fernandez to honor foreign debt and finance the budget.
Chief Minister Fabian Picardo is in the UK to attend Gibraltar Day in London and various other events this week. CM Picardo is accompanied by several other Gibraltar Government ministers who will also participate in the scheduled events, including Finance Minister Albert Isola, Education and Justice Minister Gilbert Licudi and Neil Costa, the Minister for Tourism, Public Transport, Commercial Affairs and the Port.
Saudi Arabia's Gulf Arab allies and Egypt have applauded its decision to reject a UN Security Council seat in protest at the world body's failure to act on Syria, whose leader is backed by Russia and Shi'ite Iran.
The president of the European Commission, Jose Manuel Barroso anticipated that 'soon' there will be 'events' referred to the EU/Mercosur cooperation and trade agreement and underlined that Brazil is most interested in making possible such an accord.
Uruguay is among the Latin-American and Caribbean countries with the highest power costs according to a paper from the Inter-American Development Bank, IDB, Bloomberg and New Energy Finance. This is extensive both for residential consumers and for manufacturing and large consumers.
In a poorly attended Ibero-American summit held during two days in Panama, the heads of state and government from the Americas, plus Spain and Portugal, decided that instead of holding annual meetings they would get together every other year, starting after the 2014 summit in Veracruz, Mexico.
A landmark trade deal reached between the European Union (EU) and Canada, that will benefit the UK economy and businesses by over £1.3 billion a year, has been welcomed by Prime Minister David Cameron.
The 'dollar-scarce' Venezuelan government is trying to clamp down on what it calls currency tourism with random checks of passengers leaving the country. The officials at the country's main airports are not guards or police but bureaucrats at state currency board Cadivi investigating whether travelers' documents match their requests for hard-to-get dollars.
The man credited with pioneering the idea of 21st Century socialism, which was championed and put into application in Venezuela under Hugo Chávez, recently made a damning condemnation of current Venezuelan President Nicolás Maduro.
Argentina's National Fisheries Coordination Agency reported that the Federal Fisheries Council (CFP) established fishing quotas for hake (Merluccius hubbsi) for the current year: 277,000 tons for the south area (south of parallel 41°SL) and 35,000 tons for the north area (north of parallel 41°SL).