Latin AmericaLatin America
This Monday evening the Organization of American States 46th General Assembly will officially open in Santo Domingo and this year's convening agenda refers to Institutional Strengthening for Sustainable Development in the Americas. The two day gathering is also expected to focus on the Venezuela, Haiti and the Inter-American Human Rights Commission situations, and as is the norm, the Falklands-Malvinas issue will be addressed or included in the final declaration.
Keiko Fujimori conceded defeat in Peru's presidential election on Friday, bringing an end to the closest presidential runoff vote in the country's history after losing to Pedro Pablo Kuczynski by less than 50,000 ballots.
Brazil and Paraguay foreign ministers Jose Serra and Eladio Loizaga expressed deep concern with the Venezuela crisis situation, particularly the economic and human rights continued deterioration, and reiterated their two countries willingness to cooperate and promote dialogue.
The World Bank has slashed its 2016 global growth forecast to 2.4% from the 2.9% estimated in January, due to stubbornly low commodity prices, sluggish demand in advanced economies, weak trade and diminishing capital flows.
Former World Bank economist Pedro Pablo Kuczynski won the majority of votes in Peru’s closest presidential contest in five decades, election officials announced Thursday, even as his rival Keiko Fujimori had yet to concede defeat.
Peruvians waited Wednesday to learn who their next president will be, as ex-Wall Street banker Pedro Pablo Kuczynski's camp called his lead insurmountable and controversial rival Keiko Fujimori insisted she still had a shot. Three days after Sunday's runoff election, the race to lead one of Latin America's fastest-growing economies was still too close to officially call, even though 99.5% of the ballots had been counted.
After directing criticism at Venezuelan President Nicolas Maduro and urging that Caracas be considered for suspension from the Organization of American States (OAS), Luis Almagro has accused Argentine President Mauricio Macri of impeding those efforts and of reversing his campaign promises of taking a hard line against Maduro.
Uruguay will hand over the chair of Mercosur to Venezuela at the end of July, as indicated by the organization's calendar, and does not support the implementation of the Democratic clause against the government of president Nicolas Maduro, as sponsored by OAS secretary general, Luis Almagro a former Uruguayan foreign minister.
Economist Pedro Pablo Kuczynski had a slight lead over Keiko Fujimori, the daughter of an imprisoned former president, as early results came in from Peru's presidential election on Sunday. The 77-year-old Kuczynski had 50.59% support while Fujimori had 49.41% with about 52% of votes counted.
Less than a decade after Peru imprisoned former President Alberto Fujimori, voters will decide on Sunday whether to put his 41-year-old daughter back in the presidential palace where she once served as his first lady.