Finance minister Guido Mantega said that Brazil has double the reserves when the 2008 global recession and is prepared to confront a deepening of the European crisis but admitted that the economy would expand below 3.5% which is less than was targeted at the beginning of the year.
Gibraltar figures importantly on the agenda for a Tuesday meeting scheduled in London between Foreign Secretary William Hague and Spanish counterpart Jose Garcia-Margallo particularly following on the recent fishing incidents and the long queues being imposed at the border by Spanish authorities.
Argentine President Cristina Fernández, CFK, said that handing over power is unavoidable, thus implying that she has no plans to seek a re-re-election, (not contemplated by the Constitution) and recommended those expecting her to be in office for a long time to pray the rosary at night and realize how fragile you are.
The president of the Chilean Lower House Foreign Affairs committee, Jorge Tarud said on Sunday that Chile is fully complying with the Ottawa Convention and with the timetable to finish de-mining tasks along the Peruvian border.
North Ireland officials are willing to share their peace forging experiences with Colombia in the event of a peace process that puts an end to the decades-long armed conflict in the South American country.
The Vatican faces a widening scandal that in one short week has seen Pope Benedict's butler arrested, the president of its bank unceremoniously dismissed and the publication of a new book alleging conspiracies among cardinals.
Argentine vice-president Amado Boudou publicity thanked Bolivia for its standing and unyielding support to Argentina’s claims over the Malvinas and other South Atlantic Islands.
Argentina explained that the YPF seizure was carried out in order to avoid an energy crisis in an article which was published in the US edition of The Financial Times newspaper and signed by Ambassador Jorge Argüello.
The current strict measures to counter the purchase of US dollars and by extension capital flight, implemented by Argentina apparently have a calendar date full of political significance: August 3 when the Boden 2012 fully matures.
By R.Viswanathan - I had the most unusual night club experience in Argentina last weekend when I was in “Groove” one of the trendiest night clubs of Buenos Aires. The DJ was not playing Salsa, Samba or Reggaton. Instead, the club was vibrating with Sanskrit songs...