Mercosur Ministers of Industry meeting in Paraguay, ahead of the presidential summit, discussed on Tuesday different mechanisms to weaken the flood of ‘cheap’ manufactured goods from Southeast Asia.
Foreign Affairs minister Hector Timerman in Asuncion for the Mercosur summit promised on Tuesday Argentina will put an end to fluvial obstacles to Paraguayan trade. Landlocked Paraguay trades with the rest of the world through the Parana River, most of which crosses Argentine territory.
The UK remains committed to retaining sovereignty over the Falkland Islands in the face of renewed Argentine pressure over the issue, and has the political will and military means to defend the Islands, Defence Secretary Liam Fox said.
An asteroid the size of a bus and massing 600 tons is barreling through space toward planet Earth at terrific speed and is scheduled to zoom across the South Atlantic and the Falkland Islanders late Monday, reports Space magazine.
Soy export taxes for the 2010/2011 crop will represent 8 billion US dollars for the Argentine Treasury compared to 6.3bn in the previous season, according to estimates from the country’s Ministry of Agriculture and Livestock.
One of the great clubs of South American football, River Plate was relegated on Sunday from the Argentine first division for the first time in their 110-year history triggering clashes between enraged fans and the police that left dozens hospitalized and arrested.
Argentina’s economic activity level increased 9.1% in the first four months of the year compared to the same period of 2010 fuelled by domestic consumption, manufacturing and international trade, according to the country’s Statistics and Census Office, Indec.
The Financial Action Task Force (FATF) announced it will not sanction Argentina over money laundering and “admitted the political commitment and the progress achieved by the country, specially the great advances it made in the regulations after the approval of the law to fight the money laundering, and the recommendations given in order to continue improving the system.”
The adopted children of one of one of the wealthiest women in Argentina came forward to give blood and saliva samples Friday, hoping to quell suspicions they were stolen as babies from murdered political prisoners during military rule.
Nobel Prize winner Paul Krugman took to his blog in the New York Times to say he didn’t see how Argentina’s default could be seen as a cautionary tale for Greece, and questioned a local economist who assured Argentina was not considered “a serious country.”