Argentina’s main union leader and a close political ally of President Cristina Kirchner, Hugo Moyano said that “inflation in Argentina is a fact, and nobody can deny it’s a reality”. His words follow previous statement from Economy minister Amado Boudou who admitted “prices’ tension but “not necessarily inflation”
Mercosur main country members, Argentina and Brazil begun on Thursday a two-day round of bilateral trade talks in Brazil to discuss basically whether to continue or not with the non-automatic licenses both countries hold.
Sixteen Euro zone countries have backed a financing plan to help debt-laden Greece, which will include IMF money. The safety net would total up to 22 billion Euros and would apply only if market lending to Greece dried up.
Bolivian President Evo Morales, along with the Bolivian Army and Navy, celebrated Sea Day this week, an annual holiday mourning Bolivia’s loss of ocean access to Chile following the Pacific War 131 years ago.
Former KGB agent and London’s Evening Standard owner Alexander Lebedev is buying The Independent and Independent on Sunday for £1, it has been confirmed. The Russian oligarch has snapped up the titles for the same price as a single copy of The Independent.
ZIMBABWEAN de-miners were cheered and clapped by a large crowd of Falklands residents today as the, “brave and hardworking” experts demonstrated confidence in their work by holding a soccer game in the recently cleared Minefield 25 on Sapper Hill near Stanley.
“AN important international diplomatic resource” is how Foreign and Commonwealth (FCO) official Colin Roberts visiting the Falkland Islands describes Members of the Legislative Assembly (MLAs).
Former Spanish president Felipe González and several experts in economics and politics warned about the growing influence of China in Latin America, which nevertheless could also help to balance the international scenario according to a forum held in New York University sponsored by the Euro-America Foundation.
Latin American countries' banking and financial officials were optimistic Tuesday about their future development, saying most economies in the region were strengthened after the global financial crisis.
The free trade agreement between Mercosur and Israel, the first out of the region for the South American block, became effective this week for Paraguay. For the rest of Mercosur full members, Argentina, Brazil and Uruguay the official date is April first.