Politics

Friday, May 10th 2013 - 06:30 UTC
Stubbornly high inflation in Uruguay for another two years forecasts Capital Economics

Uruguay’s stubbornly high inflation is as much structural in nature as it is due cyclical factors and to bring it down requires changes in fiscal policy, tackling widespread salary indexation and policymakers need to enhance their credibility according to Capital Economics.
Friday, May 10th 2013 - 06:26 UTC
Chinese Vice-president in Argentina to strengthen long-term strategic partnership

China is determined to advance in mutually beneficial cooperation with Argentina visiting Chinese Vice President Li Yuanchao said on his arrival on Thursday to Buenos Aires. He underlined that the new Chinese leadership will continue to perceive and develop bilateral relations from a long-term strategic perspective.
Friday, May 10th 2013 - 06:17 UTC
Brazil and Argentina agree to jointly build two nuclear research reactors

Atomic power agencies from Brazil and Argentina signed an agreement to build two nuclear reactors for research and production of radioisotopes, according to the Ministry of Science and Technology (MCT).
Friday, May 10th 2013 - 06:10 UTC
Repsol first quarter profits jumped 38% on the year mainly on higher production

Spains’s Repsol SA said on Thursday its first-quarter profit jumped 38% on the year, mainly due to higher production and refining margins.
Friday, May 10th 2013 - 06:05 UTC
Peru promoting Unasur summit to address Venezuela’s political situation

Peru which currently holds the chair of Unasur, Union of South American Nations is promoting a new meeting of country members’ heads of state to address the political situation in Venezuela, Foreign minister Rafael Roncagliolo said on Thursday.
Friday, May 10th 2013 - 03:32 UTC
Global Road Safety Week: over 23.00 pedestrians killed yearly in Latin America and the Caribbean

More than 23,500 pedestrians were killed on the roads in Latin America and the Caribbean in 2010, making pedestrians the most vulnerable group of road users in the region.
Thursday, May 9th 2013 - 22:52 UTC
Argentina formalized next October mid-term elections; voting age down to 16 for the first time

Argentina formalized on Thursday the call for this year's primary and legislative elections which will be held on 11 August and 27 October respectively and will see Argentines aged 16 vote for the first time.
Thursday, May 9th 2013 - 05:25 UTC
Maduro says he is a ‘Kirchnerite president’ and Venezuela’s ‘second Peronist president’

President Nicolas Maduro said he was a ‘Kirchnerite president’ and the ‘second Peronist president’ of Venezuela during a political rally with Argentine trade unions and militant groups in a packed Buenos Aires stadium to recall the figures of the deceased Hugo Chavez and Nestor Kirchner.
Thursday, May 9th 2013 - 05:19 UTC
Timerman corrects Astori: relations with Uruguay are going through ‘a good moment’

Argentine Foreign minister Hector Timerman said that relations with Uruguay are going through “a good moment”, contrary to recent statements from Uruguayan Vice-president Danilo Astori, and described as ‘false’ the information that two Falklands’ flagged fishing vessels had called into Uruguayan ports.
Thursday, May 9th 2013 - 05:13 UTC
Do you trust this Lady to look after your dollar savings?

The administration of President Cristina Fernandez sent on Wednesday to congress the tax amnesty bill to tap undeclared dollar assets, in the country and overseas, generating a cascade of critical reactions from well known economists while the ‘blue dollar’ in the parallel market seemed to ignore the announcements and kept climbing to a new record high.