Latin AmericaLatin America
Citigroup said on Tuesday that it will bow out of the retail banking business in 11 markets, part of its ongoing effort since the financial crisis to restructure and slim down. The news came as the bank announced third-quarter earnings.
Argentina should double its current investment in infrastructure and spend 6.2% of its Gross Domestic Product to satisfy its demands for the period 2012-2020, according to a report of the UN Economic Commission for Latin America and the Caribbean (ECLAC).
Uruguay president Jose Mujica believes that the next parliament to emerge from the 26 October general election will have a difficult conformation, complicating the government's performance and that is the reason why he accepted to run for a Senate seat.
Bolivian President Evo Morales, who easily won a third term in a weekend election, has said he will stick to his brand of pragmatic socialism, respecting private property while expanding the state's role in the economy.
The OAS (Organization of American States) Electoral Observation Mission in Bolivia, headed by former Guatemalan President Alvaro Colom, commends Bolivian citizenry for the high level of peaceful participation on Sunday's national elections and underlines the country’s democratic commitment.
US Defense Secretary Chuck Hagel met with government leaders in the Chilean capital of Santiago on Sunday to discuss deepening the U.S. military partnership with Chile.
Evo Morales easily won an unprecedented third term as Bolivia’s president Sunday on the strength of the economic and political stability brought by his government, according to unofficial results.
Deep reforms and opening Mercosur to the world will be proposed by opposition candidate Aecio Neves to the other full members, if finally he is elected to lead Brazil in the 26 October runoff against president Dilma Rousseff, said Rubens Barbosa a trade expert, former ambassador in the US and currently coordinator of the opposition government program.
Argentina has developed a molecular biological method to detect the presence of the Ebola virus in a patient in less than 24 hours, the Argentine health ministry has announced.
Proclamation by Barack Obama - When Christopher Columbus -- a son of Genoa, Italy -- set sail across the Atlantic, no one could imagine the profound and lasting impact he would have on the world. In search of a westward route to Asia, he instead spotted the Bahamas. As dawn broke on October 12, 1492, Columbus's crew set foot on a Caribbean island and changed the course of history. For much of Europe, this marked the discovery of the New World, and it set in motion the more than five centuries that have followed.