Latin AmericaLatin America
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.
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).
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.
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.
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.
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.
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.
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.
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.
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.