Politics

Sunday, March 24th 2013 - 03:11 UTC
Uruguay leaves benchmark rate unchanged; fears of slower economy and too strong Peso

Uruguay’s central bank surprised the market by keeping on hold the benchmark interest rate at 9.25% after increases at the two previous monetary policy meetings failed to slow inflation, one of the country’s main concerns.
Saturday, March 23rd 2013 - 10:55 UTC
Timerman denies any Argentine government plot to discredit election of Francis

Foreign Minister Héctor Timerman rejected allegations about an alleged “discrediting operation” by Argentina’s ambassador to the Vatican Juan Pablo Cafiero to stop the election of former Buenos Aires city archbishop Jorge Mario Bergoglio as the new pope and denied that the government has changed its opinion about now Francis.
Saturday, March 23rd 2013 - 10:51 UTC
Falkland Islands becomes an issue of controversy for Argentina’s federal tax revenue office

Argentina’s federal tax revenue office, AFIP said that trips to the Malvinas Islands, as well as expenses are included in the new 20% levy imposed on credit and debit card purchases in foreign countries, despite the fact the Falklands are considered Argentine territory, because of geopolitical reasons.
Saturday, March 23rd 2013 - 10:25 UTC
‘Justice or democracy’, Uruguay’s dilemma according to The Economist

The Economist in its latest edition publishes a piece on Uruguay in which it reveals accurately the dilemma facing the country as a consequence of the legacy of the military dictatorship, 1973/1984 with all the killings, disappeared and tortured.
Saturday, March 23rd 2013 - 10:22 UTC
Argentina supports UN investigation on human rights violations in Iran

Amid tensions surrounding the Argentina/Iran Memorandum of Understanding over the AMIA case, Argentina has voted against the Tehran regime at the United Nations Human Rights Council that will keep investigating reports of human rights violations in the Islamic Republic. Venezuela on the other hand supported the Iran position.
Saturday, March 23rd 2013 - 10:17 UTC
As Cyprus collapses, it's a race to the Mediterranean gas finish line

By Jen Alic of Oilprice.com - Cyprus is preparing for total financial collapse as the European Central Bank turns its back on the island after its parliament rejected a scheme to make Cypriot citizens pay a levy on savings deposits in return for a share in potential gas futures to fund a bailout.
Friday, March 22nd 2013 - 21:23 UTC
Uruguay’s economic-trade relations with Argentina at ‘their worst moment in a long time’

The economic-trade relations with Argentina are going through ‘their worst moment in a long time’, and the latest measures announced by the government of President Cristina Fernandez have a ‘very harmful effect’ on Uruguay, said Vice-president Danilo Astori on Friday.
Friday, March 22nd 2013 - 21:16 UTC
World Bank outstands Uruguay as a success story in economic and social recovery

Under the heading of: “From crisis to opportunity: supporting an effective economic and social recovery with innovation and flexibility”, the World Bank outstands Uruguay as a success story, from the downfall of 2001/02, mainly consequence of the Argentine melting to the sustained recovery since 2004/05.
Friday, March 22nd 2013 - 14:22 UTC
Falkland Islands Referendum, White Puffs of Smoke?

By Professor Klaus Dodds & Dr Alasdair Pinkerton - The celebrations on Arch Green, outside the Falkland Islands’ Stanley Cathedral, on Monday 11 March, revealed the strength of emotion and passion that has circulated around this referendum process, ever since it was announced in June 2012.
Friday, March 22nd 2013 - 07:19 UTC
Argentina threatens with ‘flexible imports’ to ensure supply of consumer goods

Argentine president Cristina Fernandez announced the government is prepared to make imports more flexible in those areas where a few companies have a quasi-monopoly control, but also warned about windfall profiteering.