Latin America

Latin America
Tuesday, July 21st 2015 - 04:43 UTC

Cuba and US on a 'new beginning', but 'profound differences' persist

Kerry said the ”interests of both countries are better served by engagement than by estrangement,'' after meeting with Cuban Foreign Minister Rodríguez

U.S. Secretary of State John Kerry on Monday called the restoration of diplomatic relations with Cuba a “new beginning” but said many differences remain between the two nations and warned that the full normalization of ties will be a long process. He spoke hours after ceremonies were held in Havana and Washington to mark the restoration of ties after more than five decades of hostility.

Tuesday, July 21st 2015 - 04:28 UTC

Falklands' oil industry: Mercosur special declaration in support of Argentina's Malvinas dispute

“Aware of the presence of a semi-submersible rig in the Argentine continental shelf involved in hydrocarbons exploration activities non authorized by Argentina...”

The latest Mercosur summit, held last week in Brazil included a special statement, --besides the main regular declaration with 69 articles--, blasting the UK for violating international law and Argentine domestic law over the exploration of hydrocarbons “in the Argentine continental shelf in proximity of the Malvinas Islands”.

Monday, July 20th 2015 - 07:47 UTC

Guyana to 'stoutly resist' Venezuela plans to issue IDs to disputed Essequibo residents

“We will stoutly resist any effort to have our people issued with cards and things like that” said Guyana Minister of State Joseph Harmon

Guyana on Sunday warned it would “stoutly resist” plans by Venezuela to register residents in Essequibo and issue them identification cards for the neighbouring Spanish-speaking nation. Venezuela claims the region and has launched an aggressive campaign at domestic and international level calling president David Granger a 'provocateur”.

Saturday, July 18th 2015 - 09:29 UTC

Mercosur agrees to give intra-trade a new boost eliminating barriers

Dilma Rousseff formally hands the pro tempore presidency of Mercosur for the next six months to Paraguayan president Horacio Cartes

Mercosur agreed at the Brasilia summit that in the second half of the year they will address alternatives for the elimination of tariff and other similar barriers that impede the natural flow of trade of goods and services among its members. The initiative was agreed by Common Market Council, CMC, on the first day of deliberations and confirmed on Friday by the presidents of the group's full members.

Saturday, July 18th 2015 - 09:15 UTC

Cristina Fernandez hails Mercosur success in integration and in promoting a political block

“As responsible leaders, we cannot stop noticing the challenges we have ahead,” Cristina Fernandez said stressing the need to address destabilization attempts

In what can be considered her last speech before a Mercosur summit, Argentine president Cristina Fernandez, who is stepping down next December, hailed what she called the “magnitude of the importance of integration” in South America with the inclusion of both Venezuela and Bolivia showing the “success and the resounding failure for those who forecasted for years that the Mercosur was going to fail.”

Friday, July 17th 2015 - 06:19 UTC

Argentine economy showing slight improvement but still delicate, says IMF

“We see a delicate situation regarding Argentina’s economy. Moving from a slight contraction to a slight growth statistically speaking” said Werner

The International Monetary Fund (IMF) slightly improved its outlook on Argentina’s economy saying the country will grow 0.1% in 2015 and will remain stagnant in 2016. Nevertheless, IMF warned the country is going through a “very delicate” situation and insisted that the improved outlook doesn’t change its views regarding Argentina.

Friday, July 17th 2015 - 05:49 UTC

“Sea for Bolivia” and “Malvinas for Argentina” pledges president Evo Morales

 “We're very happy with Argentina because we know we can always count with the Argentine people in this kind of demands”, pointed out the Bolivian leader

Bolivian president Evo Morales defended his claim of “sea for Bolivia” and “Malvinas for Argentina”, during the last of his two-day very militant visit to Argentina before flying late Thursday to Brazil for the Mercosur summit.

Thursday, July 16th 2015 - 09:03 UTC

Bolivian private sector not convinces of full incorporation to Mercosur

President Evo Morales has confirmed he will be participating of the Mercosur midyear summit taking place in Brasilia

Bolivia's incorporation as a full member of Mercosur will be addressed as of Thursday in Brasilia at the group's two-day presidential summit, an issue which could be completed by the first half of next year, despite some warnings from Bolivia's private sector.

Wednesday, July 15th 2015 - 08:10 UTC

Mercosur summit in Brasilia with a conflicting agenda; Paraguay takes chair

President Dilma Rousseff faced with a serious recession is trying to increase the scope of markets for Brazilian exports

Mercosur will be holding its half year presidential summit in Brasilia next Thursday and Friday, an event which will expose an abundance of trade and political conflicts, discrepancies and recurrent challenges despite all its members commitment to integration. Besides full members, Argentina, Uruguay, Paraguay, Venezuela and Brazil, leaders from Chile, Peru, Ecuador, Bolivia, Colombia, Guyana and Surinam have also been announced.

Wednesday, July 15th 2015 - 07:34 UTC

Guyanese president Granger will attend Mercosur summit in Brasilia

The Guyana delegation includes president Granger, Foreign Minister Carl Greenidge and three other government representatives

Guyanese President David Granger and Foreign Minister Carl Greenidge plan to attend the biannual Mercosur summit in Brasilia later this next, a Foreign Ministry spokesman confirmed to the Spanish news agency EFE.

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