Latin America

Latin America
Friday, April 29th 2016 - 06:18 UTC

Latam and Caribbean forecasted to contract 0.5% in 2016, worst two-year since 1982, says IMF

The region will be weighed down this year by shrinking economies in Brazil , Venezuela and Argentina.

Latin America and the Caribbean will post an overall 0.5% economic contraction in 2016, the International Monetary Fund forecast in its latest report, capping the region's worst two-year period since the 1982 debt crisis. But the IMF said the region is expected to rebound to 1.5% growth in 2017, avoiding the “lost decade” phenomenon that marked the 1980s.

Friday, April 29th 2016 - 05:59 UTC

Hammond becomes first foreign secretary to visit Cuba since 1959

Foreign Secretary Hammond will sign a bilateral agreement restructuring Cuba’s debt to the UK and will agree future UK-Cuba cooperation in different fields

Foreign Secretary Philip Hammond became on Thursday the first British Foreign Secretary to visit Cuba since 1959. In a series of high-level meetings, the Foreign Secretary will call on his Cuban counterpart Bruno Rodríguez and other government leaders to discuss the recent social and economic changes in Cuba, human rights, trade and investment, and the fight against global health threats such as the Zika virus.

Thursday, April 28th 2016 - 06:49 UTC

Foreign Secretary Hammond in Colombia to highlight UK's support for the peace process

Visiting Colombia for the first time as Foreign Secretary, Mr Hammond is on the first stop of a tour of Latin America that will include Cuba and Mexico.

UK Foreign Secretary Philip Hammond has arrived in Colombia to highlight the UK’s support for the country’s peace process and fight against narcotics during visits to Bogota and Cartagena.

Thursday, April 28th 2016 - 06:24 UTC

OAS will lead independent investigation into Belize-Guatemala border incident

Since the incident Guatemala has sent an estimated 3.000 elite troops to the border next to a long disputed area

The Organization of American States (OAS) will conduct, at the request of the governments of Belize and Guatemala, an independent investigation of the April 20 border incident that led to the death of the Guatemalan minor Julio Rene Alvarado Ruano and in which his father and brother were wounded.

Wednesday, April 27th 2016 - 11:03 UTC

Kuczynski leads opinion polls for the June 5 Peruvian presidential runoff

PPK is projected to win with 43% of the vote ahead of Fujimori's 39%, according to the latest Ipsos public opinion poll conducted between April 20 and 22.

Former World Bank economist Pedro Pablo Kuczynski continues to hold his lead over conservative Keiko Fujimori ahead of the June 5 runoff presidential election. Kuczynski, also known by his initials PPK, is projected to win with 43% of the vote ahead of Fujimori's 39%, according to the latest Ipsos public opinion poll conducted between April 20 and 22.

Tuesday, April 26th 2016 - 17:07 UTC

Alarm in Chile's salmon industry: positive reaction to ISA in a farm

AquaChile reported that in a routine sampling “there was a positive reaction to the PCR probe for ISA virus in one of the 20 cages of the Transit Centre 2”

Salmon farming company AquaChile reported the detection of a possible ISA virus outbreak in a cage of one of its salmon farming centers located in the Aysen region, in southern Chile.

Tuesday, April 26th 2016 - 07:51 UTC

Penguin Day, April 25; Falklands one of the great penguin capitals

The majestic King penguins at Volunteer Point

April 25 is one of two days dedicated to the adorable, waddling birds. April 25 is World Penguin Day while January 20th is Penguin Awareness Day.In addition to two penguin days, there are believed to be 17 penguin species, ranging from the Little Blue Penguin to the mighty Emperor Penguin. And several of these are threatened by climate change.

Monday, April 25th 2016 - 05:30 UTC

Belize-Guatemala incident reignites standing border dispute; OAS calls for a 'lasting peace'

Guatemala’s Defense Minister, Mansilla, was photographed on the Sarstoon River on Friday, after Guatemala deployed additional troops to the area

The Organization of American States, OAS, has called on the governments of Belize and Guatemala to avoid an escalation of tensions, and renew efforts to establish a lasting peace. The OAS statement follows a previous repudiating “the death of a Guatemalan minor [Julio Alvarado, 13] at the hands of a Belizean patrol”.

Sunday, April 24th 2016 - 08:26 UTC

International major effort to cooperate on tax issues and halt evasion and elusion

The Panama Papers could create a rare moment to break down secrecy, Robert Stack, a US Treasury Department deputy assistant secretary, said in New York.

The International Monetary Fund and the World Bank are joining forces with other international organizations to cooperate on tax issues and develop new tools and standards to halt tax base erosion and evasion.

Friday, April 22nd 2016 - 15:51 UTC

Carnival cruise to Havana triggers controversy with Cuban/Americans who allege discrimination

Marty is part of a class-action lawsuit claiming that Carnival is discriminating against Cuban-Americans looking to travel to their homeland.

A federal lawsuit is claiming that Carnival Corporation is discriminating against Cuban-Americans who weren’t allowed to book tickets on a cruise to the Castro brothers dominated country. CNN reports that when Carnival announced plans for a cruise ship from its Fathom line to sail from Miami to Havana in May, Francisco Marty jumped at the opportunity to surprise his children with a trip back to their native land.

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