Almost 81 million children under 18 suffer from poverty in Latin America which is equivalent to 45% of that age group according to a study by the Economic Commission for Latin America and the Caribbean (ECLAC) and the United Nations Children's Fund (UNICEF).
Argentina and Brazil agreed Tuesday to resume ‘constructive’ trade negotiations to overcome the current bilateral dispute which surfaced following the latest protectionist measures that threaten exports from the two main Mercosur partners.
Whatever happens next June 5 when the Peruvian presidential run-off between Ollanta Humala and Keiko Fujimori, none of them will have a clear support in the 130 seats Congress which will force alliances as has been the recent legislative history of the Andean country.
Brazil’s former Foreign Affairs minister Celso Amorim said that the next IMF Managing Director must come from an emerging economy if Dominique Strauss-Kahn, currently in custody in New York on alleged rape charges finally looses his job.
Dominique Strauss-Kahn, (DSK) the head of the International Monetary Fund, may be forced to leave his post after being accused of trying to rape a maid in his New York hotel room. IMF is currently under John Lipsky Acting Managing Director.
Cuba has given all small businesses the authority to hire (and fire) labour and will loosen other regulations governing private enterprise as part of the broader measures to reform the island’s economy and boost production, the government said in a statement.
Argentine Minister for Industry, Debora Giorgi will meet in coming hours with Brazilian Ambassador, Enio Cordeiro, to schedule a series of meetings to address trade disputes between the two neighbouring countries and main Mercosur associates.
China moved to smooth economic relations with Brazil on Monday, saying it was open to more Brazilian exports and that Chinese firms will broaden their investments in the country.
A recently elected governor and very close to Argentine president Cristina Fernandez cautioned that “there is not plan B” within the ruling Victory Front if Mrs Kirchner decides not to seek re-election next week.
Argentina’s organized labour continued Monday with its aggressive offensive to have unionist included in the pro-ruling party’s ballot tickets for next October presidential election arguing that Argentines from all walks of life have been invited to participate in politics, ‘but not union members’.