Latin America

Latin America
Wednesday, December 31st 2014 - 02:33 UTC

Legal framework to restructure sovereign debts receives strong UN boost

Argentina's U.N. Ambassador Ms Perceval said the resolution will help “other developing and developed countries that suffer and continue to suffer.”

The U.N. General Assembly approved this week the financing of a plan to develop a new legal framework to restructure national debts, a move aimed at avoiding the kind of speculative action that led Argentina to a second default.

Wednesday, December 31st 2014 - 00:46 UTC

Mujica and Vazquez will attend Rousseff's inauguration on January first

The Brazilian congress lower house where the Rousseff second mandate inauguration will be taking place

Uruguay's president Jose Mujica and elected president Tabare Vazquez will attend the inauguration, on January first, of Brazilian president Dilma Rousseff second consecutive mandate in Brasilia. The two leaders received an official invitation from the Rousseff administration according to Uruguay's official media.

Tuesday, December 30th 2014 - 09:49 UTC

Brazil: Dilma facing new challenges for her second term in office

Dilma Rousseff faces new challenges for her new presidency starting Jan 1

Analysts agree fiscal austerity and economic growth will be among the new government's priorities.

Monday, December 29th 2014 - 07:57 UTC

YPFB-Andina awarded exploration rights in Santa Cruz areas

Bolivia's economy is growing stronger, exports rise, oil exploration keeps pace

Bolivia's export 6.3 % higher than despite drop in gas volumes. Economic growth, foreign investment continue

Saturday, December 27th 2014 - 08:59 UTC

FARC release captured Colombian soldier in 'gesture of peace'

Colombian soldier Carlos BecerraOjeda

Wounded combatant handed over to International Red Cross, Cuban and Norwegian dignataries

Friday, December 26th 2014 - 07:43 UTC

Bolivian Oil Company CEO on sick leave, has cancer

YPFB Villegas will leave the company for cancer treatment

President Evo Morales to coordinate operations with company executive in the meantime. Vice President Garcia Linera makes the announcement regarding 'Comrade' Villegas

Friday, December 26th 2014 - 07:30 UTC

Nicaragua: civic organisations want protesters freed, 'Chinese invaders' out

Popular unrest over the Nicaragua Canal

Expropriation law upsets peasants, environmentalists. 30 arrested nationwide. President Daniel Ortega dubbed a 'traitor'.

Friday, December 26th 2014 - 06:55 UTC

FARC Christmas message calls for end to military operations against them

The leaders of FARC demand an end to military operations against the rebel organisation.

The Revolutionary Armed Forces of Colombia (FARC) sent a Christmas message to President Juan Manuel Santos and military officers demanding that all military operations against them be stopped. Wounded soldier to be released.

Tuesday, December 23rd 2014 - 06:28 UTC

Groundbreaking of Chinese-backed Nicaragua Canal commences

The canal wiill have 172-mile (278-km) canal, due to be operational by around 2020,

Protesters, skepticism did not stop the administration of President Daniel Ortega. Project seeks to reshape country's poor economy,

Tuesday, December 23rd 2014 - 04:36 UTC

Evo Morales' estate 12.67 percent higher than in 2012

Evo Morales' estate below half a million US dollars

President's affidavit before the State's General Comptrollership raises questions on how he amassed 437,787 US dollars. Opposition says he should have turned poorer, living on a public servant salary.

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