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Montevideo, March 19th 2018 - 03:00 UTC

Latin America

  • Tuesday, March 13th 2018 - 07:12 UTC

    White House confirms Trump will visit Peru and Colombia in April

    Trump will travel to Peru to attend the Summit of the Americas in Lima on April 13-14, a gathering of leaders from across the Western Hemisphere

    United States president Donald Trump will make his Latin America debut next month, visiting Peru and Colombia after harsh rhetoric towards Hispanic migrants and neighbors to the south. Trump will travel to Peru to attend the Summit of the Americas in Lima on April 13-14, a gathering of leaders from across the Western Hemisphere, and from there he will visit Colombia.

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  • Monday, March 12th 2018 - 09:43 UTC

    Raul Castro succession process takes off; heir apparent blasts US for “resuming a Cold War rhetoric”

     “The revolution is being attacked in the middle of a situation which has been deteriorating,” said Diza-Canel

    Cuba Vice President Miguel Diaz-Canel, tipped to succeed President Raul Castro, accused the US yesterday of “resuming a Cold War rhetoric” and of “attacking” the Cuban revolution. Diaz-Canel spoke to state television after casting his vote in elections for a parliament that will choose Castro’s successor on April 19.

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  • Monday, March 12th 2018 - 09:08 UTC

    Uribe protegé Duque, and ex Bogotá mayor dominate Colombia's legislative elections

    Duque, 41, is a lawyer and senator who worked at the IDB and UN. He has enjoyed solid showing in polls, in the most recent presidential survey.

    Right-wing candidate Ivan Duque and leftist Gustavo Petro will lead their respective coalitions in Colombia’s May presidential election after winning primaries on Sunday. Duque, a protégé of former President Alvaro Uribe and the standard bearer for the Democratic Center party, beat fellow candidates Marta Lucia Ramirez and Alejandro Ordonez for his coalition’s nomination. He got more than 3.9 million votes and 96% of the votes counted.

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  • Monday, March 5th 2018 - 09:05 UTC

    Falklands second air link: Charter flights could make a second flight a non-issue

    Falklands Chamber of Commerce in Stanley

    The recent statement entitled ‘Progress made towards establishing a second commercial Falkland Islands air link’ released by the Falkland Islands Government and sponsored by the governments of UK and Argentina, has met with a mixed reception in the Islands. While some have expressed favor others have reservations and questions.

  • Wednesday, February 28th 2018 - 09:20 UTC

    Pemex loss of US$ 18bn in fourth quarter; blames weaker Peso and declining oil fields

    Pemex lost 151 billion pesos during the fourth quarter due to a weaker peso, the company said, which depreciated 8% against the U.S. dollar.

    Mexican state-owned oil company Pemex reported a nearly US$18 billion fourth-quarter loss on Monday after both crude output and processing slid, though the company said refining levels should rebound as major maintenance plans are completed. The company posted a 352.3bn (US$17.9bn) peso loss for the last quarter of 2017, blaming a weaker peso exchange rate and higher financing costs for its performance, according to a filing with the Mexican stock exchange.

  • Tuesday, February 27th 2018 - 06:32 UTC

    Argentina's foreign policy according to Jorge Faurie: Intelligent Insertion

    Minister Faurie with Secretary of State Rex Tillerson (L)

    Argentina foreign minister Jorge Faurie has written a long column, (full tabloid page) in Buenos Aires daily Clarin, under the heading of “Intelligent Insertion” describing motives and objectives of the country's foreign policy under president Mauricio Macri, driven by the principle of an intelligent insertion in the international scenario. The final commitment of Macri's administration is reducing poverty and improving Argentines' life quality.

  • Tuesday, February 27th 2018 - 06:08 UTC

    Uruguayan fraternity: nepotism, nepotism and no job to spare

    President Tabare Vazquez named his brother, a licensed nurse, as deputy of the Home Office

    It has been a long standing consensus-secret in the Uruguayan political system that when you are elected or have been nominated to a political post, you must not forget the family or friends particularly if they are in distress. This means in practical terms that the generous Uruguayan state will incorporate you to the burgeoning bureaucracy be it at national or regional level.

  • Friday, February 23rd 2018 - 21:36 UTC

    OAS urges Venezuela to reconsider its electoral process

    The text of the resolution seeks to “urge the Government of Venezuela to reconsider the premature convocation of presidential elections”

    The Organization of American States (OAS) was meeting in Washington on Tuesday from 10:00 AM local time on the subject of Venezuela and “the latest events” that have occurred in the Caribbean country. 19 of the 24 members voted in favor of a resolution calling on Venezuela to postpone the elections scheduled for April.

  • Friday, February 23rd 2018 - 09:21 UTC

    Mexico buying more Brazilian corn over concern with NAFTA negotiations

    Mexican buyers imported a total of more than 583,000 metric tons of Brazilian corn last year – a 970% jump over 2016, shows data from Mexico’s SIAPm Mexico’s SIAP

    Mexican buyers imported ten times more corn from Brazil last year amid concern that NAFTA renegotiations could disrupt their U.S. supplies, according to government data and top grains merchants. Mexico is on track to buy more Brazilian corn in 2018, which would hurt a U.S. agricultural sector already struggling with low grains prices and the rising competitive threat from South America.

  • Thursday, February 22nd 2018 - 09:20 UTC

    US share of global sales of soybean and grains to shrink as South American competition grows

    However US market share will fall below 30% by 2027 due to competition from Brazil, Argentina and Ukraine.

    The U.S. Department of Agriculture sees U.S. corn and soybean exports generally increasing over the coming decade but the U.S. share of global sales will shrink as competition from South American producers heats up, the government said in its annual report.