Uruguay announced it will invest 150 million dollars for the eradication of shanty towns, 90% of which are located in Montevideo, half of them in contaminated and flood-prone areas.
Japanese Finance Minister Yoshihiko Noda was chosen Monday to become the sixth prime minister in five years, but he needs to overcome a divided parliament and deep rifts in the ruling party if he is to make more of a mark than his recent predecessors.
A close ally of President Cristina Fernandez de Kirchner, Tucuman province governor Jose Alperovich won on Sunday a landslide third straight mandate and his first words were of gratitude and remembrance for Nestor Kirchner.
Buenos Aires City Mayor, Mauricio Macri, admitted on Monday that it is “almost impossible” to beat President Cristina Fernández de Kirchner in October’s presidential elections.
US President Barack Obama announced Monday he has chosen Princeton University labour economist Alan Krueger to become the top White House economist, a White House official said.
An officer from Chile’s gendarmerie-police, Carabineros was asked to resign Monday after admitting to using his firearm in the Macul borough of Santiago near where 16-year-old Manuel Gutiérrez Reinoso was shot and killed Thursday night.
Following the agreement which raised the Argentine minimum wage by 25%, equivalent to 549 dollars per month, business leaders and representatives from the labour unions admitted that when it comes to salaries negotiations the official inflation index from the government statistics office, Indec, “is not taken into account”.
The man who may be Royal Navy’s Falklands’ veteran HMS York’s last naval captain has taken the helm of the Type 42 destroyer. Commander Rex Cox took over from Commander Simon Staley as the warship undergoes maintenance at Portsmouth, reports The Press from York.
Brazilian business and manufacturing leaders are demanding a “fiscal harmonization” of the Mercosur block since other full members are attracting a growing number of Brazilian companies to those countries lured by cheap energy and qualified labour.
Latin America’s central banks are coming to the end of steep rises in borrowing costs as the global economic outlook darkens and some are starting to consider policy loosening and interest rate cuts.