Argentina’s 2012/2013 grain and oilseed crop reached a record 105 million tons, announced President Cristina Fernandez underlining the excellent performance of the maize harvest and yields.
In an unprecedented move, the International Monetary Fund plans to ask the US Supreme Court to review Argentina's case in a decade-old legal battle with holdout creditors, because of the implications it could have on sovereign debt restructurings.
The Venezuelan parliament approved Bolivia’s protocol of adherence to Mercosur as full member thus clearing the way for the landlocked mostly indigenous populated country to become the sixth member of the South American trade block next to Argentina, Brazil, Paraguay, Uruguay and Venezuela.
Federal Reserve Chairman Ben Bernanke said on Wednesday the US central bank still expects to start scaling back its massive asset purchase program later this year but left open the option of changing that plan in either direction if the economic outlook shifted.
Sailors from HMS Argyll followed in the footsteps of Britain’s greatest polar explorer when they recreated Sir Ernest Shackleton’s legendary trek across the snow and ice of South Georgia Island.
Brazilian Foreign minister Antonio Patriota downplayed the significance of the Alliance of the Pacific, the free trade agreement which includes Chile, Peru, Colombia and Mexico, arguing it is not a “real deep integration” as the one proposed by Mercosur.
Argentine Foreign minister Hector Timerman in a piece published in the pro-government Pagina 12 accused Buenos Aires daily Clarin of silencing, distorting, hiding and even lying about events in Argentina and particularly regarding the Malvinas colonial issue and in the March referendum ‘of playing to the Foreign Office strategy’.
Argentine President Cristina Fernandez kept her tongue firmly in cheek as she referred to the record number of property acquisitions by Argentines in the United States, especially in the Miami area.
Bolivia violated the immunity of a Brazilian Air Force plane which in October 2011 was carrying Defence minister Celso Amorim and with no search warrant proceeded to inspect the aircraft suspecting opposition Senator Roger Pinto might be on board, claimed Brazilian authorities.
An influential member of Congress from south Brazil strongly criticized his country’s foreign policy towards Paraguay and Mercosur condemning the ‘unnecessary hostility’ and for abandoning legitimate interests and basic principles for an ‘ideological affinity solidarity’.