Latin America

Latin America
Saturday, May 21st 2016 - 08:17 UTC

Argentina nominates Susana Malcorra candidate for UN Secretary General post

 Susana Malcorra has conditions and capacities to amply comply with the tasks of the UN Secretary General office, wrote Macri in the letter

President Mauricio Macri on Friday made official the nomination of Susana Malcorra as a candidate to the post of United Nations Secretary General, underlining that the diplomatic experience of the Argentine foreign minister will contribute to provide “creative solutions” to the challenges faced by the UN organization.

Saturday, May 21st 2016 - 08:07 UTC

Argentina, Chile and Uruguay appeal for an urgent political dialogue in Venezuela

Malcorra, Munoz and Nin Novoa call on the Venezuelan government, National Assembly and all political forces to sit and dialogue

Argentina, Chile and Uruguay in a joint statement released on Friday, called for political dialogue in Venezuela and offered to help with a “national reunion” of the political and social forces of the country. The appeal, with utmost respect for the principle of non interference in the internal affairs of Venezuela, was made extensive to the government, the National Assembly, under opposition control, and all political and social groups.

Friday, May 20th 2016 - 16:37 UTC

US supports Temer: “there has been a clear and undeniable respect for democratic institutions”

US ambassador Michael Fitzpatrick intervened to reject the claim made by the Bolivian and Venezuelan representatives that the impeachment was a coup.

United States ambassador before the Organization of American States, OAS, dismissed the notion that a coup is underway in Brazil and openly rejected concern voiced by other member states such as Venezuela, Bolivia and Nicaragua

Friday, May 20th 2016 - 11:16 UTC

Brazil's economic interests will prevail over ideological goals, says new foreign minister

“Diplomacy will return to transparently and firmly reflecting the legitimate values of Brazilian society and the interests of its economy” underlined Serra

The foreign minister for Brazil's new government following the suspension of president Dilma Rousseff said that Brasilia will now pursue economic interests over ideological goals. Jose Serra, nominated by acting president Michel Temer in the wake of Rousseff's suspension for an impeachment trial, signaled that Brazil would no longer be part of the loose left/leaning alliance that exists across several Latin American countries.

Thursday, May 19th 2016 - 08:32 UTC

Mujica says Maduro is “mad as a hatter” and everybody in Venezuela “have gone nuts”

Mujica said he respects the Venezuelan president but “this does not mean I can't say that he's mad, mad as a hatter”.

Uruguayan ex president Jose Mujica said on Wednesday that in Venezuela “everybody has gone nuts” and president Nicolas Maduro is “mad as a hatter”. The former leader was reacting to the controversy between his former foreign minister and now OAS secretary general, Luis Almagro and Maduro.

Monday, May 16th 2016 - 21:42 UTC

Falkland Islands' biosecurity officers thwart Argentine ant army invasion

The ants were identified by UK experts as the extremely invasive Argentine Ant (Linepithema humile),

By Ross James, Biosecurity Officer for Penguin News - An Argentine army, thousands strong invaded the Falklands recently, and their arrival went unnoticed for several weeks before the alarm was raised. The Argentine Ants arrived aboard a yacht which had sailed non-stop around the world from Australia, non-stop that is until huge waves swept the singlehanded 78 year-old sailor overboard and capsized his yacht as he rounded Cape Horn. In a stroke of luck a subsequent wave righted the vessel and at the same time the sailor was able to pull himself back aboard.

Monday, May 16th 2016 - 21:35 UTC

Urban unemployment in Latin America to increase 7% this year, says ECLAC

After six years without any increase, unemployment started growing in Latin America in 2015, going from 6% in 2014 to 6.5% last year.

Urban unemployment in Latin America will hit 7% this year, growing 0.5 percent point from last year’s 6.5% rate, the International Labour Organization (ILO) and the Economic Commission for Latin America and the Caribbean (ECLAC) said in a joint report — a drop linked to the region’s lower growth.

Monday, May 16th 2016 - 18:52 UTC

April FAO Food Price Index 10% below a year ago; South America soy prospects less favorable

Maize quotations increased the most, influenced by weaker US dollar and spill over from soaring prices in the vegetable oils complex

The FAO Food Price Index (FFPI) averaged 151.8 points in April 2016, up 1.1 points (0.7 percent) from March, but almost 10 percent below its April 2015 level. A relatively strong rise in vegetable oil quotations coupled with a more modest gain in international prices of cereals more than offset a decline in dairy and sugar prices.

Monday, May 16th 2016 - 18:49 UTC

Venezuelan soldiers steal goats because no food is left in the barracks

The incident was reported by El Nacional on its Sunday edition, with six soldiers detained by local authorities

The situation in Venezuela has become so bad that even soldiers are struggling to support themselves. Over the weekend, six members of the Venezuelan military were detained by local authorities for stealing goats, the Venezuelan newspaper El Nacional reported on Sunday. It said the soldiers confessed to stealing the goats and said they did it to feed themselves, since they had no food left in their barracks.

Monday, May 16th 2016 - 18:45 UTC

Petrobras implosion takes a major player from the floating production systems market

Petrobras’ situation needs to stabilize and begin improving before the company can again be a major driver of production floater contracts.

Brazil´s Petrobras problems has taken a major player from the market for new floating production systems in the oil business, according to a report from the industry. In effect absence of new contracts has forced fabricators and equipment suppliers to make huge cutbacks in personnel and spending and the past 12 to 18 months have been a difficult period the whole deepwater production sector.

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