United States could soon suspend trade benefits for Argentina warned on Monday an official from the Department of Commerce. US accuses Argentina of not paying awards in two long-running investment disputes with US companies following rulings from an international tribunal.
Uruguayan exports to Argentina during the month of February plummeted 46.6% compared to the same month a year ago according to Uruguay’s Union of Exporters, which attributes the poor performance to the imports restrictions imposed by the neighbouring country.
The number of people claiming unemployment benefit in Spain rose by 112.269 in January, taking the overall figure to 4.7 million. Spain’s unemployment rate stands at 22.9%, the highest in the 17-nation Euro-zone.
Mercosur country members are scheduled to hold a meeting in Rio do Janeiro to agree on a common protocol for all vessels originating in the Falkland Islands and calling at regional ports, announced Uruguay’s Defence minister Eleuterio Fernandez Huidobro.
The apparent change in Argentine policy towards the Falkland Islands by offering three direct flights to the Islands from Buenos Aires instead of cutting the air link with Chile, as had been anticipated, was described by Chilean diplomatic sources as “an attempt to collect international support and look less mean”.
The Prime Minister of St Vincent and the Grenadines Dr Ralph Gonsalves said that he does not regard himself as a water carrier or the president of a fitness club, as he defended his decision not to meet with two legislators from a colonial country assembly in reference to the Falkland Islands.
Argentina must solve the controversy over the measurement of inflation which has significant economic and political costs, said Eugenio Diaz-Bonilla the Inter American Development Bank, IADB, director for Argentina and Haiti.
According to an ongoing opinion poll among readers of The Telegraph on line, over 55% believe the Falklands/Malvinas should be returned to Argentina, and an estimated 14% say the Islanders should hold a referendum to decide.
Vladimir Putin has declared victory in Russia's presidential elections, returning for a third term after spending the last four years as the country's PM. Exit polls and preliminary results gave him about 60% of the vote.
President Hugo Chavez said he will need radiation treatment for cancer in the run-up to Venezuela's October presidential poll though he insisted there was no metastasis after the removal of another tumour.