Brazil is moving into an ‘era of prosperity’ characterized by ‘income distribution and a notorious drop in inequalities” said President Dilma Rousseff in her first 2012 radio edition of ‘Enjoying coffee with the President’, where she also dared to use the word ‘protection’ in reference to jobs and the domestic market.
After spending New Year’s Eve with her family, Argentine President Cristina Fernández returned to Buenos Aires Monday midday from El Calafate, Santa Cruz province, less than 48 hours before she undergoes surgery for a thyroid gland carcinoma.
The UK BAE Systems has signed a deal with the Brazilian Navy to supply it with three patrol vessels. The contract is worth £133m.
Uruguayan president Jose Mujica said he promotes good relations with the entire world but he is well aware of the significance of neighbouring Argentina for the Uruguayan economy and that “we must jump into the stirrup of Brazil”.
Inflation in Venezuela during last year reached 27.6%, which is 0.7 percentage points more than in 2010, according to a preliminary report from Venezuela’s central bank. President Nelson Merentes said that the consumer prices index “was associated to the upwards pressure generated on wholesale prices by a greater dynamism from domestic aggregate demand”.
A senior lawmaker from the ruling coalition of Argentine President Cristina Kirchner said that the Peronist party in the province of Rio Negro “would stand by” Vice-Governor Alberto Weretilneck, scheduled to take office as provincial governor on Tuesday due to the death of former governor Carlos Soria.
Brazilian plane-maker Embraer will sell its A-29 Super Tucano aircraft to the US Air Force, in a firm-fixed price delivery order contract worth 355 million dollars, the company said in a statement.
Brazil's government may cut as much as much 60 billion Reais (32 billion dollars) from spending in 2012 in an effort to control its deficit and inflation, the Estado de Sao Paulo newspaper reported, citing unnamed Finance Ministry officials.
Brazil's government faces as much as 74 billion Reais (40 billion dollars) of unbudgeted expenses in 2012 stemming from lawsuits awaiting judgement at the country's Supreme Court, the Correio Brasilense newspaper reported on Sunday.
As a demonstration of support for Argentine President Cristina Fernandez who will undergo surgery for a thyroid carcinoma, the youth branch of the ruling Argentine Peronist Party has invited the Argentine people to donate blood to local clinics and hospitals.