Latin AmericaLatin America
United States and Cuba have reached a deal to allow as many as 110 regular airline flights a day, allowing a surge of American travel to Cuba that could eventually flood the island with hundreds of thousands more U.S. visitors a year, officials said Thursday on the anniversary of detente between the foes.
Latin American and Caribbean economies will contract 0.4% on average in 2015 and will grow just 0.2% next year, as a result of the complex external scenario, according to new projections unveiled on Thursday by the UN Latin America and Caribbean Economic commission, ECLAC. Estimates for next year are that Central America will expand 4.6% while South America will again contract 0.8%.
Exports from Latin America and the Caribbean will drop about 14% in 2015 due to a steep decline in prices and weak demand for the region’s main exports from key trading partners, according to a new report from the Inter-American Development Bank (IDB).
Moody's raises Cuba's rating to positive as it moves away from Venezuela dependence and is closer to US
International ratings agency Moody’s Investors Service has moved Cuba’s economic from stable to positive, citing its lessening dependence on Venezuela and the possibility of more improved relations with the United States.
By David Rosnick (*) A new paper from the Center for Economic and Policy Research (CEPR) finds that there may be a significant disparity between the popular vote and legislative seats claimed by parties in Venezuela’s December 6 National Assembly elections.
The head of Brazilian football, Marco Polo del Nero, has finally bowed to the pressure and agreed to resign from FIFA's Executive Committee after being a no-show for the last six months amid fears he could be caught up in the burgeoning corruption scandal.
The Organization of American States (OAS), secretary general Luis Almagro condemned the killing in Venezuela of an opposition leader during a political rally ahead of the 6 December legislative election, and called for an immediate end to violence in the country.
By Rengaraj Viswanathan (*) Mauricio Macri’s win will inspire the centre-right opposition parties that hope to replace leftist governments in Brazil and Venezuela but it is too early to declare, as some observers are doing, that the result marks the end of the Left in the region
Two days after Mauricio Macri's victory in Argentina, Uruguay's former president Jose Mujica wished Argentina the best with its new government, but also expressed fear about the 'institutional stability' of the country.
President-elect Mauricio Macri has tapped a top United Nations official to be Argentina's next foreign minister. Macri announced on his Facebook page on Tuesday that he picked Susana Malcorra, Cabinet chief for U.N. Secretary General Ban Ki-moon since 2012.