Latin America

Latin America
Sunday, April 12th 2015 - 08:06 UTC

Obama announces Brazilian president Rousseff visit to Washington on June 30

Obama made the announcement on Saturday during a bilateral meeting with Rousseff, on the sidelines of the Summit of the Americas in Panama City.

US President Barack Obama announced that Brazilian counterpart Dilma Rousseff will visit Washington on June 30, almost two years after she cancelled a trip over a US spying scandal. Obama made the announcement during a bilateral meeting with Rousseff, on the sidelines of the Summit of the Americas in Panama City.

Sunday, April 12th 2015 - 07:36 UTC

Argentina's message to UK and US: “utterly ridiculous considering any regional country a threat.”

“I will not appeal to sovereignty. I will appeal to common sense. It is absolutely ridiculous considering any of us (regional countries) a threat.”

Addressing the Americas summit in Panama, Argentine president Cristina Fernandez strongly criticized United States policies towards the hemisphere, particularly Venezuela, and expressed 'surprise' at the parallelism between the Caracas/Washington current dispute and the latest round of Falklands' exchanges between London and her government. President Barack Obama was not present during the Argentine leader's speech on Saturday.

Saturday, April 11th 2015 - 13:12 UTC

Colombia's FARC reject submission to judicial processes as “common criminals”

“You cannot give a treatment that was designed for criminal groups to rebels,” the FARC said in a statement read by guerrilla negotiator Pablo Catatumbo

Colombia's FARC rebels cannot be submitted to the same judicial processes as “common criminals” under a possible peace deal, the Marxist group said on Friday. The Revolutionary Armed Forces of Colombia (FARC) made the comments after President Juan Manuel Santos said in an interview that the biggest hurdle to signing peace would be getting the group to agree to face justice after 50 years of war.

Saturday, April 11th 2015 - 06:25 UTC

Obama and Raul Castro shook hands at opening of the Americas summit in Panama

A US official described the Obama-Castro greeting as an “informal interaction,” adding that “there was not a substantive conversation between the two leaders.”

US President Barack Obama and Cuba's Raul Castro on Friday shook hands and sat near each other at the historic Panama Summit of the Americas, a new milestone in efforts to shed decades of animosity. Obama and Castro greeted each other as UN chief Ban Ki-moon looked on, before taking their seats with other regional leaders at a Panama City convention center.

Saturday, April 11th 2015 - 05:45 UTC

'Malvinas', center piece of Cristina Fernandez speech at Panama summit

 'Militarization' of the Falklands and UK alleged spying on Argentina, will have priority in the Argentine leader's speech, anticipate Buenos Aires sources

Argentine President Cristina Fernandez is attending the VII Summit of the Americas in Panama City where she is expected on Saturday to strongly criticize the United Kingdom over the 'militarization' of the Falklands/Malvinas and revelations of massive espionage of Argentina by London.

Friday, April 10th 2015 - 07:14 UTC

Cuba and US hold historic meeting at highest level in Panama

Few details have emerged from the meeting between Kerry and Rodriguez. The last comparable event was in 1959, between Fidel Castro and  Richard Nixon.

US Secretary of State John Kerry and Cuban Foreign Minister Bruno Rodriguez have held talks, in the highest level meeting between the two countries in more than half a century. The two were involved in closed-door discussions after arriving in Panama for a summit.

Friday, April 10th 2015 - 05:26 UTC

Fitch Ratings lowered Brazil's investment grade outlook to negative

“Brazil's three-year growth average of only 1.5%, compared to the 'BBB' median of 3.2%, highlights the structural nature of the under-performance,”

Fitch Ratings lowered Thursday the outlook on Brazil's investment grade BBB rating to negative, warning that government efforts to turn around the economy risked getting derailed. The Brazilian economy, the world's seventh-largest, stagnated with just 0.1% growth last year as the drag of rising inflation erased the effect of hosting the football World Cup in June and July and gearing up for the Rio Olympics next year.

Friday, April 10th 2015 - 05:24 UTC

Rousseff declares Petrobras 'clean' after purging corrupt managers and practices

”Petrobras is still standing. It has cleaned up what it had to clean up and got rid of those who took advantage of their positions to enrich themselves,'' Rousseff said

Brazil's State-run oil company Petrobras has purged corrupt managers and put a graft scandal behind it, while hitting record output levels from offshore deposits, President Dilma Rousseff said Thursday. The indictment of former senior executives of Petrobras the investigation of dozens of political allies of Rousseff in the multibillion-dollar kickback scandal has thrown her government into crisis and undermined investor confidence in Brazil.

Friday, April 10th 2015 - 03:00 UTC

Falklands' bumper year for Illex squid predicts fisheries scientist

Illex squid catches caught this season are already 150,000 tons. Last year the fishery had a record catch of over 306,000 tons.

The Falkland Islands are set to have another bumper year of Illex squid catches with 150,000 tons already caught this season. Last year the fishery had a record catch of over 306,000 tons. It is, “a record catch at this point in the season, at least in the last 25 years of the fishery” Senior Scientist at the Falkland Islands Fisheries Department Dr Sasha Arkhipkin, told Penguin News.

Friday, April 10th 2015 - 00:25 UTC

Five Falklands' oil companies accused of violating Argentine law and UN resolutions

CFK accused the companies of “carrying out hydrocarbon exploration activities on Argentina's continental shelf without obtaining the corresponding authorization”

Argentina's government on Thursday formally accused five oil companies of conducting illegal exploration work off the British-ruled Falkland Islands, which Buenos Aires claims as its own. The companies are Britain's Rockhopper Exploration plc, Premier Oil plc and Falkland Oil and Gas Ltd; Houston-based Noble Energy Inc.; and Italy's Edison International SpA, Argentina's Foreign Ministry said in a statement.

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