Brazil trusts Mercosur and the European Union can exchange the proposed tariff lists for a free trade agreement keeping to the original schedule, before the end of the year, according to the country's foreign ministry.
United States praised Argentina for its latest commitment to the payment of a debt worth more than 600 million dollars to five companies in exchange for the ending of legal action. The message was transmitted by the US most senior representative in Argentina Kevin Sullivan, in a brief encounter with cabinet chief Jorge Capitanich, according to reports in Ambito Financiero.
A huge power outage that darkened Venezuela's capital and parts of the country was a conspiracy to sabotage the Socialist government, according to Venezuela's President Nicholas Maduro. The blackout came five days ahead of Sunday's municipal elections.
Looting and robbing spread to several areas of the Argentine city of Cordoba on Tuesday evening and night following a walkout from the police in the midst of a conflict over pay and other benefits.
The newly appointed head of Argentina's Central bank Juan Carlos Fábrega admitted that in the last few months loss of international reserves has been serious, but we are working to correct the situation.
The US Supreme Court heard arguments on Monday in the case of a British company embroiled in a legal battle with Argentina, with justices mulling the question of whether an arbitration tribunal has jurisdiction to punish a sovereign state in favor of a private company.
Argentine Lower House passed last week a bill creating a commemorative coin as a tribute to Latin America's first Pope. Lawmaker Oscar Cachi Martinez first proposed the measure in April, and it garnered approval from congressional committees during November. The next step is for the bill to the considered by the Senate.
In an attempt to stop the drain of Argentina Central Bank international reserves, the government of President Cristina Fernandez has decided to take the 20% income tax advance to 35% for all credit and debit card purchases made abroad. The move will also involve the purchase of dollars for Argentines travelling abroad with the US currency climbing now to 8.322 pesos.
Voter turnout in Chile's extreme north and south fell far short of national average, and candidates will look further afield for votes in upcoming elections December 15. As Chile’s presidential candidates turn their heads to the country’s far-flung regions, a report by La Tercera demonstrates the particularly high rates of abstention in rural areas in both the extreme north and south.
A delegation of political advisors from the Brazilian Congress is currently in the Falkland Islands. The group is accompanied by Andrew Ford First Secretary FCO Brasilia.