Latin America

Latin America
Wednesday, August 24th 2016 - 06:06 UTC

A Mercosur/EU trade agreement will not include UK, warns European Parliament president

“If the EU and Mercosur reach an integral agreement, UK will not be part of the accord. This is a great disappointment, particularly for the UK”, said Shulz

The president of the European Parliament Martin Schulz said in Buenos Aires that if finally a trade and cooperation agreement is reached between the European Union and Mercosur the United Kingdom will not benefit as a consequence of Brexit.

Saturday, August 20th 2016 - 05:40 UTC

Peru Supreme Court overturns sentence against ex president Fujimori for alleged diversion of public funds

Justices said “there isn’t enough material evidence” to declare any criminal responsibility of Fujimori regarding public funds

Peru’s Judiciary overturned an eight-year sentence against former president Alberto Fujimori for alleged diversion of public funds to tabloids to facilitate his second re-election in 2000. The Supreme Court said in a ruling “there isn’t enough material evidence” to declare any criminal responsibility of Fujimori, who is serving another 25-year sentence in prison for crimes against humanity.

Saturday, August 20th 2016 - 01:50 UTC

Falklands allows return of abandoned Argentine yacht rescued in Islands waters last October

“La Sanmartiniana” was discovered abandoned and adrift in the Falklands waters by Fisheries Protection Patrol Protegat and towed to Stanley.

The Argentine flagged yacht “La Sanmartiniana” which was rescued in October 2015 while abandoned and adrift, by a Falkland Islands Fisheries Protection Vessel and towed to Stanley, where it has remained since waiting for claimants, has finally been released, after the Argentine group FIPCA complied with all the formalities for its recovery.

Saturday, August 20th 2016 - 01:45 UTC

UN acknowledges role in the Haiti imported cholera epidemic that killed thousands

”UN has become convinced that it needs to do much more regarding its own involvement in the initial outbreak and the suffering of those affected by cholera.”

For the first time since a cholera epidemic believed to be imported by the United Nations peacekeepers began killing thousands of Haitians nearly six years ago, the office of Secretary General Ban Ki-moon has acknowledged that the United Nations played a role in the initial outbreak and that a “significant new set of U.N. actions” will be needed to respond to the crisis.

Thursday, August 18th 2016 - 06:54 UTC

Fire forces full passenger evacuation of Caribbean Fantasy off Puerto Rico

All passengers and crew were removed from the Caribbean Fantasy, and although there were no fatalities, many required medical care.

A fire forced more than 500 people to be evacuated from a cruise ship about a mile off Puerto Rico's northern coast on Wednesday. The U.S. Coast Guard brought passengers to the shore as the fire continued to burn aboard the Caribbean Fantasy, a combination cruise and ferry ship. Other agencies also joined the rescue effort until fire forced them to abandon the ship.

Thursday, August 18th 2016 - 06:04 UTC

Macri after full integration of Mercosur with the Pacific Alliance

“First, we have to boost Mercosur,” Macri told Nikkei, suggesting he was ready to take the lead in breaking down tariffs and other barriers to trade within the bloc.

Latin America needs greater economic integration and a merger of Mercosur and the Pacific Alliance should be the objective, according to Argentine president Mauricio Macri, who insists in loosening trade restrictions in his country and the region.

Tuesday, August 16th 2016 - 11:03 UTC

Guatemalan government makes a call to Apple asking to rename iconic ringtone.

Marimba of Guatemala

The movement made up of artists and local authorities has now 7000 signatures of support. The “ Marimba ” ringtone is the classic iPhone ringtone and probably one of the most recognizable ringtones in the world. What most people around the globe don’t know is that the Marimba is the national instrument of Guatemala and one of it’s national symbols.

Tuesday, August 16th 2016 - 06:01 UTC

Latam airlines has poor performance in 2Q; defers incorporation of new aircraft

LATAM has racked up repeated losses since it was formed in the 2012 merger of Chile's LAN and Brazil's TAM, hamstrung by Brazil's economic problems

Latin America's largest airline, reported a wider-than-forecast net loss in the second quarter of US$92 million, as it struggles to overcome tough economic conditions in its key markets. The airline made a loss of US$50 million in the same period a year ago, a quarter that is traditionally weak for seasonal reasons.

Monday, August 15th 2016 - 12:36 UTC

Norwegian cruise line admits weak Caribbean summer season; South American itineraries “soft”

“Today is not a happy day at Norwegian headquarters for obvious reasons. We had to reset expectations based on the current booking environment”', said Del Rio

Norwegian Cruise Line Holdings CEO Frank Del Rio said the company’s “lofty” expectations for the Caribbean this summer have not been met, one factor in revising expectations downward for the rest of the year. In a conference call to discuss second-quarter results this week, Norwegian lowered its guidance for second-half earnings and said it will not make its previously forecast goal of earning US$5 a share in 2017.

Tuesday, August 9th 2016 - 08:24 UTC

Ban Ki-moon praises Argentina's commitment with the UN and cooperation with other countries

 “I count on Argentina’s support in the critical years ahead as we work together to achieve SDGs and provide peace and prosperity for all on a healthy planet”

United Nations Secretary General Ban Ki-moon applauded on Monday Argentina's commitment and strong partnership with the UN and its cooperation with other countries. Ban Ki-moon arrived in Buenos Aires from Paraguay and previously from Brazil where he was part of the inauguration of the Rio Olympic Games.

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