Chinese Premier Wen Jiabao arrived in Argentina Saturday on an official visit aimed at boosting trade with one of South America's top agricultural producers.
The outflow of foreign-currency deposits from Argentina's banking system showed no sign of slowing last week, as nervous savers withdrew 522 million dollars from bank accounts.
Germany's best-selling newspaper was given away free to almost all of the country's 41 million households on Saturday in a controversial celebration of the daily's 60th anniversary that set a world record for largest circulation.
“There is no coup here,” assured the new president of Paraguay Federico Franco on Saturday, who acted confidently before the international press following the ousting of Fernando Lugo on Friday.
Argentina is withdrawing its ambassador to Paraguay because of the rapid impeachment of former Paraguayan President Fernando Lugo, the Foreign Ministry said in a statement.
The United States demanded on Friday that Argentina immediately end an import licensing regime and other curbs that have frustrated foreign suppliers while also expressing concerns about a sweeping new import restriction that Indonesia has imposed.
The leaders of Germany, France, Italy and Spain agreed Friday on a 130 billion Euros package to try to revive economic growth in Europe but differed over whether and how to launch joint bonds to combat the Euro zone's debt crisis.
Paraguayan vice-president Federico Franco, 49, was sworn-in on Friday afternoon as president following Fernando Lugo’s impeachment that had him removed in less than two days.
Ousted Paraguayan President Fernando Lugo addressed thousands of citizens outside the presidential palace and assured there had been a coup against democracy but also said he would respect the formality of the Senate’s decision and called on followers to march peacefully.
Chinese Premier Wen Jiabao arrived in Uruguay Friday, his first stop on a multi-nation visit to South America. Wen's arrival marks the first time a Chinese premier has visited Uruguay since diplomatic ties were established in 1988.