Removing fiscal stimulus, absorbing capital flows and reducing unemployment are the main challenges facing Latinamerican and Caribbean countries as the global crisis recedes, said IMF Managing Director Dominique Strauss-Kahn during this recent visit to South America.
Uruguay plans to sell about 1 billion US dollars of bonds next year, including 500 million of dollar- denominated debt, said Carlos Steneri, director of public credit at the Ministry of Economy and Finance.
Uruguayan president Jose Mujica, 75, formally declared to the Transparency and Public Ethics commission that his entire wealth amounts to a 1987 Volkswagen Beatle valued at about 1.900 US dollars.
The IMF is sending a senior official to Hungary for talks with the new government early next week, amid rising concerns about the country's public finances.
The US government does not consider that there’s an arms race in the Americas and estimates the majority of countries invest more on social areas than in military hardware said Assistant US Secretary of State for Hemispheric affairs, Arturo Valenzuela.
Brazil’s president Lula da Silva confirmed he is seriously considering running again in 2014 when Brazil will be hosting the World Football Cup. The Brazilian president made the announcement during an interview with Bandeirantes television.
A “twitter” opinion poll organized by Paraguay’s main daily newspaper ABC Color to evaluate which Latinamerican presidents are most rejected or less convincing delivered several predictable results but also some surprises.
Freedom House released on Thursday ‘Worst of the Worst 2010: The World’s Most Repressive Societies’, its annual report identifying the world’s most flagrant human rights abusers. at a side panel during the 14th session of the UN Human Rights Council.
Two Royal Air Force Euro Typhoon fighters and their Vickers VC10 refuelling tanker had to land Wednesday afternoon in Punta Arenas, extreme south of Chile, because of adverse weather conditions in the Falkland Islands Mount Pleasant Airport.
Pressure is mounting in Argentina for pickets blocking an international bridge leading to Uruguay to be ordered removed by a court order, following Wednesday’ presidential summit when Uruguay’s Jose Mujica and Argentina’s Cristina Fernandez de Kirchner agreed on a joint agenda of pending issues.