
Brazil and Argentina aircraft industries have signed a partnership contract for the manufacturing of the Embraer KC 390, a medium sized twin engine jet powered military transport aircraft with a 23 tons capacity.

Cuba says it will allow people to buy and sell their homes for the first time since the communist revolution in 1959. For the past 50 years, Cubans have only been allowed to pass on their homes to their children, or to swap them through a complicated and often corrupt system.

After almost twenty nine years of service to the Falkland Islands the Joint Services Explosive Ordnance Disposal team based at Hillside Camp in the capital Stanley will be transferring its service to JSEOD teams based at the Mount Pleasant Complex.

The Malaysian government failed to inform Washington that two “US-supplied” F-5 fighter jet engines had gone missing since May 22, 2008, despite having at least “three opportunities” to come clean, according to leaked United States diplomatic cables released recently.
The engines two years later were finally located two years later in Uruguay.

With Brazil’s benchmark interest rate at 11.75% and prospects of further increases Latin America’s largest economy poses a challenge to economists and analysts. The answers are not only economic but also political.

Argentina's February monthly economic activity indicator, or EMAE, jumped 8.7% on the year and was up 0.4% on the month, the national statistics agency Indec reported Monday. The EMAE comprises most components of gross domestic product.

Uruguay resisted pressures from the administration of former US President George W. Bush to reduce ties with Iran. Uruguay’s Foreign Affairs minister Luis Almagro on a Middle East tour made the revelation during a meeting in Teheran with President Mahmoud Ahmadinejad, according to the official Iranian news agency.

Argentina's economy is among the fastest-growing in the world, but that may be little consolation to the country's luxury-car fans that have lost access to the world's best-selling premium car.

In 2005, with Chile negotiating a Free Trade Agreement with China, the United States became increasingly worried over China’s influence in the area, according to a confidential cable released last week by Wikileaks.

What’s the link between Portugal's bailout negotiations and Finland? Well negotiations began under a cloud Monday after an anti-Euro party scored big gains in a Finnish election and immediately vowed to derail the pending rescue.