Latin AmericaLatin America
The release of official results from Guyana’s May 11 general elections has been delayed for at least another 48 hours to allow for a partial recount, the Guyana Elections Commission, known as GECOM, said on Wednesday.
The Inter-American Development Bank (IDB) continues to support the expansion of renewable energy in Uruguay through two financial packages, totaling 216 million dollars, which were approved for the private sector to finance part of the construction of the Colonia Airas and Valentines wind farms and their related works.
Brazil's state oil giant Petrobras remains Latin America's top company in revenues, but has lost its position as the profit leader after posting record losses last year due to a growing corruption scandal and administrative inefficiencies, according to a new ranking of the region's 500 largest companies from digital publication Latinvex.
The Inter American Development Bank, IDB, has organized a seminar to discuss industrial policies in Latin America and the Caribbean in a post Washington-Consensus framework. Anemic economic growth in the region is in need of policy shot in the arm.
Remittances to Latin America and the Caribbean set a new record high in 2014 with 65bn dollars basically supported by the recovery of the economy and labor market in the United States, according to the latest release from the Inter American Development Bank.
Bolivia is closer to becoming a full member of Mercosur following on Argentina's ratification of the Adhesion Protocol.
Former United States President Jimmy Carter ended an election-monitoring trip to Guyana early and flew home on Sunday after falling ill, the Carter Center, his nonprofit organization, said in a statement. The Carter Center provided only sketchy information on Sunday about the condition of the 90-year-old former president.
Guyana voted Monday in early elections pitting embattled President Donald Ramotar against an upstart opposition alliance seeking to unite voters across racial lines with its calls to end corruption.
French President Francois Hollande has urged an end to the US trade embargo of Cuba and envisioned a larger French role in Cuba's engagement with the West during the first visit by a French head of state to Cuba. Havana is in foreign policy talks with both the European Union and the United States amid intense world interest in Cuba following detente with Washington in December.
Castro praises Francis and promises to turn to the Church again if the pope continues on this vein
Cuban President Raul Castro has praised Pope Francis for brokering the restoration of relations between Cuba and the US, announced in December. At the end of a Sunday audience at the Vatican, Castro said he had thanked the Pope for his contribution for the historic rapprochement.