Latin America

Latin America
Thursday, October 9th 2014 - 06:08 UTC

Mercosur finally agrees: unified number plates for new cars beginning 2016

Timerman and other officials hold the enlarged prototype of the Mercosur cars' number plate

The five full members of the Mercosur trade bloc will use unified number plates for their 0km vehicles starting in 2016, Argentine Foreign Minister Hector Timerman announced on Wednesday from San Martín Palace in Buenos Aires city.

Wednesday, October 8th 2014 - 21:46 UTC

OAS Observers mission to Peru recommends unifying electoral legislation

The primary report from Abreu underlines the orderly way in which Peruvians went to the voting booths on Sunday

The head of the OAS Electoral Observation Mission in Peru, Uruguayan Senator Sergio Abreu underlined the orderly way in which Peruvians went to vote on Sunday's regional and municipal elections, this despite some regrettable episodes of violence in the pre-election phase, Election Day at some polling stations, and at the conclusion of voting in some departments.

Wednesday, October 8th 2014 - 08:24 UTC

Uruguay presidential race to be decided in runoff in November seems confirmed by latest poll

Former president Vazquez has 42% vote intention and Lacalle Pou, 32%

A run off in November to elect Uruguay's president seems most certain because none of the two leading candidates will manage a majority in the first round on 26 October, according to the latest public opinion poll.

Wednesday, October 8th 2014 - 04:05 UTC

World Bank: end of boom doesn’t have to mean a bust for the poor in Latin America

During the golden years Latam was able to cut extreme poverty by half to 12%,  and double the ranks of the middle class to 34% of the population in 2012

During the recent commodity boom, Latin America and the Caribbean proved that growth could be pro-poor and help fuel tremendous social progress. Now as growth slows regionally and beyond, it is critical to consider what will shore up economic activity while ensuring the poor won't stay behind.

Monday, October 6th 2014 - 05:56 UTC

Dilma (40%) and Neves (34%) to the runoff; mathematically the opposition can win

Dilma faces a tough run off. The effectiveness of Lula da Silva at its utmost trial

Brazil's unpredictable election took another twist Sunday, with populist President Dilma Rousseff forced into a runoff race as expected, but against a center-right challenger who only surged in the final week of the campaign.

Saturday, October 4th 2014 - 10:38 UTC

Investors on edge waiting for the results of Sunday's voting in Brazil

The results on Sunday should be quick in coming since Brazil has implemented a network of electronic balloting with 507.000 voting machines

Latin American currencies weakened on Friday after strong U.S. jobs data was seen as increasing the likelihood of higher interest rates in the world's largest economy, while Brazil markets fluttered in the last trading session before Oct. 5 elections.

Saturday, October 4th 2014 - 08:25 UTC

Pacific Alliance and Mercosur will attempt convergence, sponsored by Chile

“At this stage it is not realistic to think about a tariffs and regulations convergence, given the existing differences”, admitted minister Muñoz.

A first meeting to assess opportunities for accords between the Alliance of the Pacific and Mercosur will take place next November in Santiago de Chile confirmed, confirmed Chilean foreign minister Heraldo Muñoz.

Thursday, October 2nd 2014 - 06:54 UTC

Ecuador apologizes to indigenous community for allowing oil drilling

“We offer our public apology for the violation of indigenous property, the right to consultation,” said Justice Minister Ledy Zuniga

Ecuador has apologized to an indigenous community for authorizing oil drilling on ancestral land without their permission. The apology to the Sarayaku community came two years after the Inter-American Court of Human Rights ruled that the OPEC nation had violated the tribe's right to be consulted on oil concessions granted for their land.

Thursday, October 2nd 2014 - 06:03 UTC

Kissinger wanted to smash Cuba in 1976 for its intervention in Angola

“I think we are going to have to smash Castro,” Kissinger told Mr Ford in a White House meeting in February 1976. “I agree”, President Ford said. (Pic AP)

US Secretary of State Henry Kissinger drew up plans to “smash Cuba” with air strikes nearly 40 years ago, government papers obtained by researchers show. He was angered by Cuba's 1976 military intervention in Angola and was considering retaliation if Cuban forces were deployed elsewhere in Africa.

Tuesday, September 30th 2014 - 04:51 UTC

South Korea constructing Bolivia's longest bridge to be delivered in 35 months

The bridge will facilitate heavy cargo traffic between San Matias, along Brazil's border and Trinidad, capital of Bolivia's northeastern Amazon region of Beni.

South Korea's Hyundai-Byucksan consortium started construction of a bridge 1,440 meters long in eastern Bolivia, a span that will be the country's longest and will require an investment of 49.9 million dollars, some of which will come from a loan from Seoul.

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