Latin AmericaLatin America
Latin America and the Caribbean’s economy as a whole will grow by 3% this year and 3.3% in 2015 thanks to “improved economic conditions in the United States and Europe”, the Inter-American Development Bank said in a report released over the weekend.
The reaction of the Argentine public to Clarin journalist and author Natasha Niebieskikwiat's recently launched book ‘Kelpers’ has been, “less aggressive,” than she expected Natasha told Penguin News.
Support for Brazilian President Dilma Rousseff has faltered ahead of October's presidential election, a poll showed Thursday, although she remains a favorite to win a second term.
Brazil's economy expanded 2.3% in 2013, compared with growth of 1% the previous year, the Brazilian Institute of Geography and Statistics, IBGE, said this week. The country's GDP for 2013 was estimated at 4.84 trillion Reais (some 2.05 trillion dollars), the IBGE said.
The Caracas Court of Appeals rejected on Friday the defense attorney's plea for the release of opposition leader Leopoldo Lopez, locked up in a military prison since last Feb. 18, Venezuela's Supreme Court said Friday.
By Leopoldo López - Los Teques, Venezuela — As I compose these words from the Ramo Verde military prison outside Caracas, I am struck by how much Venezuelans have suffered.
Shareholders of Spain's Repsol approved the oil major's 5 billion dollars settlement with Argentina over the 2012 seizure of YPF at an annual meeting on Friday. The agreement had already been approved by the Argentine Congress and by the board of the Spanish company.
The UN resolution condemning the annexation of Crimea by Russia which was voted on Thursday at the general assembly showed Latin America (and Mercosur) divided on the issue. The non binding resolution sponsored by Costa Rica and the western powers received 100 votes, with 11 against and 58 abstentions.
Cuba's government has released further information on a proposed foreign investment law that will cut the profits tax in half and exempt investors from paying it for eight years in an attempt to attract capital into the communist economy.
Public life in Paraguay was largely paralyzed on Wednesday by a nationwide strike in demand of higher salaries and against the privatization plans of President Horacio Cartes. Peasants also joined the stoppage and marched on the capital Asunción protesting against the soy-agri-business which is leaving them landless.