Latin America

Latin America
Friday, July 25th 2014 - 06:26 UTC

Uruguay oil and gas summit schedules for next November

This Summit follows the announcement by Ancap of the third oil bidding round, the Ronda Uruguay III

Global Summits Organizer IRN and Grupo BG de Eventos will be launching the inaugural Uruguay Oil & Gas 2014 Summit which will take place on 17th-18th November in the capital of Uruguay, Montevideo. This Summit follows the announcement of the third oil bidding round, the Ronda Uruguay III.

Friday, July 25th 2014 - 05:58 UTC

Argentines consider Mujica far “more honest” than Cristina Fernandez

The Giacobbe & Associates poll has Pope Francis in position 1, Mujica, 11 and Cristina, 38.

An 'honesty' ranking by Argentine pollster, Giacobbe & Associates, based on 500 names, both alive and deceased, shows the country's public opinion poor belief in the political system, with president Cristina Fernández ranked 38, fourteen positions down from a similar poll last year and behind her Uruguayan peer Jose Mujica ranked 11.

Thursday, July 24th 2014 - 06:42 UTC

Xi's Latam visit ends in Cuba where China consolidated trade and financial relations

“China and Cuba being socialist countries, we are closely united by the same missions, ideals and struggles,” said Xi

Chinese President Xi Jinping ended on Wednesday an eight-day trip through Latin America with a visit to eastern Cuba, where both the island's independence struggle against Spain and Fidel Castro's revolution began.

Thursday, July 24th 2014 - 06:27 UTC

Revolving cabinet: Humala names sixth prime minister in three years

Prime Minister Ana Jara (R) is very close to the influential First Lady, Nadine Heredia (L)

Peru's President Ollanta Humala has named his sixth prime minister in three years in a surprise cabinet reshuffle that elevated two core members of his ruling party after an embarrassing political scandal.

Thursday, July 24th 2014 - 06:20 UTC

World Bank praise for Peru as one of the most solid economies in the region

“The international environment is more complex, the Peruvian economy performs better than the average Latin American country” said Familiar.

The World Bank's vice president for Latin America and the Caribbean, Jorge Familiar, on Wednesday highlighted Peru's economic growth over the past 10 years. Peru's average economic growth over the period has registered 6. 5% annually, allowing many Peruvians to escape poverty, said Familiar.

Thursday, July 24th 2014 - 06:18 UTC

Humala signs contract for pipeline that will make Peru a leading gas exporter of the region

President Humala said after the signing ceremony that the deal is an historic milestone for natural gas development

The consortium made up of Spanish energy company Enagas and Brazilian construction giant Odebrecht signed a contract on Wednesday with Peru's Energy and Mines Ministry for the construction and operation of a natural gas pipeline that will run from the Camisea gas fields to the Pacific port of Ilo.

Tuesday, July 22nd 2014 - 09:00 UTC

Mercosur has 'yet to crystallize' but 'I remain positive' says Cardoso

The former Brazilian president claims points to the common external tariff as the main obstacle

Former Brazilian president Fernando Henrique Cardoso said that Mercosur has 'yet to crystallize as a customs union' and pointed to the common external tariff which is the founding stone but is “full of objections” as the main hurdle. Nevertheless “I remain positive about the strength of Mercosur”.

Monday, July 21st 2014 - 07:38 UTC

Ten hectic days await Argentina, and a possible second default in 12 years

Cristina Fernandez refuses to dialogue with holdouts

Ten hectic days ahead for Argentina since come 30 July and no agreement has been reached at the New York court of Federal Judge Thomas Griesa, (full payment plus accrued interests to holdout speculative funds) the country would be forced to a second default in twelve years with all the political consequences for Cristina Fernandez and Mercosur.

Monday, July 21st 2014 - 07:25 UTC

Colombian president inaugurates the “Congress of peace” to end 50 years of war

“We have a great challenge - an achievable challenge - to end an armed conflict which has bled us for half a century, and build peace” said Santos

Colombian President Juan Manuel Santos opened a new session of Congress on Sunday, calling on lawmakers to back government efforts to strike a peace deal with the FARC rebels to end 50 years of war. Members of Congress were sworn in during the ceremony in central Bogota.

Monday, July 21st 2014 - 07:14 UTC

Mujica recalls Uruguay's participation in the Triple Alliance major genocide

 Francisco Solano Lopez the Paraguayan leader who fought an unwinnable war

President Jose Mujica underlined the strong identity of Uruguay with the Paraguayan people, but also recalled no the “immense debt that we never settled or will we ever be able to settle for having participated in the War of the Triple Alliance”.

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