Latin America

Latin America
Wednesday, August 13th 2014 - 09:30 UTC

Petrobras sells natural gas pipeline operations in Bolivia

Transierra operates Gasbol pipeline, which is the primary path for Petrobras to import about 30 million cubic meters/day of Bolivian gas.

Brazil's Petrobras sold its stake in a Bolivian natural gas pipeline operator, continuing a string of asset sales aimed at generating cash for development of offshore oil fields at home. The Brazilian giant said it sold its 44.5% stake in Transierra to Bolivian state-owned YPFB for 106.7 million dollars.

Wednesday, August 13th 2014 - 07:09 UTC

Brazil admits EU/Mercosur deal stalled because of European concerns about agriculture

“They are reluctant to open their markets for our agriculture, and we also have our own concerns about jeopardizing our industry”, said ambassador Mesquita

Brazil's agricultural competitiveness is a concern to countries and trade blocks negotiating agreements with Brazil, according to ambassador Paulo Estivallet de Mesquita, head of the Economics Department of the country's Ministry of Foreign Relations (MRE).

Wednesday, August 13th 2014 - 05:34 UTC

Earthquake strikes Quito kills two and violently shakes buildings

The country's Geophysics Institute said the quake occurred at a depth of five kilometers and was followed by a forceful aftershock.

A shallow 5.1-magnitude earthquake has struck the Ecuadorian capital Quito, triggering landslides that killed at least two people and violently shaking buildings and homes. Another eight people were injured and three others trapped in the landslides at quarries on the outskirts of Quito, the country's risk management agency said on Twitter.

Wednesday, August 13th 2014 - 05:28 UTC

Finally Cristina Fernandez is on an official visit to Paraguay

The Argentine president will be returning Triple Alliance war trophies: furniture and other belongings from Mariscal Francisco Solano Lopez

Argentine president Cristina Fernandez arrived Tuesday evening to Paraguay to begin early Wednesday an official visit which has been delayed several times. Besides the usual agenda discussions and accords signing with her peer Horacio Cartes, the visit will also have a strong symbolism since the Argentine president will be formally returning to Paraguay furniture and other belongings from one of the country's most revered leaders, Francisco Solano Lopez.

Wednesday, August 13th 2014 - 01:22 UTC

FARC leader doubts the peace accord can be signed this year

“It should be noted also that the subject of the surrender of arms and a bilateral ceasefire will not be simple”, said Timochenko

Colombia is unlikely to sign a peace accord with Marxist rebels this year as the remaining items on the negotiating agenda are complex and time consuming, FARC guerrilla leader Rodrigo Londoño said.

Tuesday, August 12th 2014 - 06:05 UTC

Mexico signs energy reform bills: now to wait for interested private companies

“This represents a historic change that will accelerate the economic growth and development of Mexico in the coming years,” said Peña Nieto

Mexican President Enrique Peña Nieto signed on Monday a package of landmark energy reform bills, ending the 76-year-old state monopoly on oil drilling and reopening the sector to foreign companies.

Monday, August 11th 2014 - 22:30 UTC

Quito, leading destination of South America, at World Travel Awards

“We are the leading destination in South America, an honor that opens the door for tourists to come and enjoy its marvels,” said Quito Mayor Mauricio Rodas

Ecuador's capital, Quito, was named “South America's Leading Destination” for the second year in a row at the 21st regional World Travel Awards gala, considered the Oscars of the tourism industry.

Saturday, August 9th 2014 - 05:58 UTC

OAS observation mission will be present during Bolivia's October elections

Insulza and Bolivian representative Pary (L) during the signing ceremony at OAS headquarters in Washington

The Organization of American States (OAS) and Bolivia signed on Friday the agreement on privileges and immunities for the Electoral Observation Mission, (EOM) to be deployed to the general elections to be held in Bolivia on 12 October.

Friday, August 8th 2014 - 07:59 UTC

Brazil insists in trade agreements and closer ties with Pacific Alliance, despite Mercosur

“Brazil's trade strategy targets productive integration with Latin America and multilateral agreements with EU US and China” says minister Borges

Brazil confirmed that it will try to bring forward to 2016 the free trade agreement with Chile, Peru and Colombia, scheduled for 2019 and underlined the need for Mercosur and the Pacific Alliance to converge as part of the region's productive integration process.

Friday, August 8th 2014 - 07:18 UTC

Santos pledges peace on inauguration ceremony but also warns FARC

“Acts of peace, that's what the Colombian people ask for today,” Santos said after receiving the sash of office

Colombia's President Juan Manuel Santos was sworn in to a second term on Thursday promising to bring peace and equality to the nation, but warned Narco-Marxist rebels that talks to end five decades of war could rupture if hostilities against civilians continue. “Members of the FARC: you have been warned!” he said.

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