The Falkland Islands elected Legislative Assembly was dissolved on Thursday by Governor Nigel Haywood in advance of the General Election scheduled to be held on November 7.
The Pacific Alliance made its official presentation in New York before 200 business people and investors, mostly from the US, with four top anchor men: the presidents of Chile, Peru and Colombia and Mexico’s foreign trade minister since head of state Enrique Peña Nieto had to remain in the country because of the catastrophic floods.
President Mariano Rajoy making the round of financial media in New York this week, said Spain had emerged from recession in the third quarter with estimated economic growth of 0.1% to 0.2% forecast and 0.5% to 1% in 2014.
Addressing the UN General Assembly Spanish President Mariano Rajoy described the Gibraltar situation as a ‘colonial anachronism’ and criticized UK’s dialogue denial attitude on the Rock’s sovereignty. The speech comes at a tense moment in Gibraltar and Spain relations, but according to the Madrid press, Rajoy was less forceful than expected.
Argentina and Spain agreed on Thursday to team up to pressure Britain to discuss their separate claims on British territories: the Falklands in the south Atlantic and Gibraltar near the southern tip of Spain.
The recently approved Transparency Law has exposed that at least a third of the 594 Brazilian federal lawmakers have pending bills with criminal and administrative courts referred mainly to cases of corruption, which is expected to have an impact in the coming elections of next year when most of Congress will be renewed.
Argentina’s 2013/14 soybean crop will be above 50 million tons while corn can be expected to reach 30 million tons, according to the country’s Agriculture minister Norberto Yauhar, based on preliminary production estimates. The minister also advanced that caps on wheat and corn exports could be lifted in the near future.
British Ambassador in Uruguay hosted a lunch in honor of Laura Silva, awarded a Chevening Scholarship to study in the United Kingdom. As part of the Foreign Service Program, Laura will pursue a Master in Diplomatic Studies at Oxford University.
The powerful manufacturers lobby, Sao Paulo’s Industry Federation, Fiesp believes a free trade agreement between Mercosur and the European Union is very much needed so that Latam’s largest economy climbs out from the “commercial isolation” in which it currently stands.
The Brazilian state development bank BNDES is “overbooked” and needs the private sector to step up funding in investments, according to bank president Luciano Coutinho. Lending by BNDES and other public banks has increased six times faster than credit by non-state bank this year, as the government tries to fuel economic growth.