Latin America

Latin America
Monday, June 30th 2014 - 05:32 UTC

Falklands becomes launching pad for Argentine presidential hopeful campaign

Cobos at the Argentine memorial in Darwin

The Argentine 2015 presidential campaign has reached the Falkland Islands. Presidential hopeful and former Vice-president Julio Cleto Cobos is currently visiting the Falklands where he arrived on Saturday on the Lan Chile weekly flight and will spend the rest of the week in the Islands.

Saturday, June 28th 2014 - 10:43 UTC

Swire on a five-day visit of Costa Rica, Guatemala and Colombia

Minister Hugo Swire

Foreign Office minister Hugo Swire was on a five day visit to Costa Rica, Guatemala and Colombia this week, following recent elections in both countries and with the purpose of expanding political and trade relations.

Wednesday, June 25th 2014 - 06:22 UTC

Uruguay's second pulp mill begins production: 1.3million tons annually

The complex includes the pulp mill, a harbor and a biomass power plant

Uruguay's second pulp mill Montes del Plata started production this week following an investment of 2 billion dollars, the largest ever in the recent history of the country. The announcement was made by the Chilean-Swedish complex that is running the plant.

Monday, June 23rd 2014 - 22:14 UTC

Hugo Swire visits Costa Rica to meet the new government officials

Foreign minister Manuel Antonio Gonzalez received Swire

The British Minister of State for Latin America, Hugo Swire, arrived to Costa Rica on Monday June for his first official visit to the Central American country and the British Government’s first audience with the new government since the inauguration of President Luis Guillermo Solis on 8 May 2014.

Monday, June 23rd 2014 - 04:39 UTC

Mercosur and Celac stand by Argentina in the hedge funds litigation

Mercosur heads of state expressed their ”most absolute rejection to the attitude of the holdouts

Mercosur and Celac country-members expressed support for Argentina and its ongoing litigation with the holdout hedge funds, particularly last week's decision from the US Supreme Court, (which refused to consider the case), and the financial consequences emerging from such a position.

Monday, June 23rd 2014 - 03:52 UTC

Rousseff-Temer make official their re-election bid for 5 October

The ticket confirms the PT/PMDB alliance that has given Dilma the necessary majority in Congress

The ruling Workers Party, or PT, Latin America's largest political force of the left that has governed Brazil since 2003, proclaimed Saturday at its national convention the candidacy of President Dilma Rousseff for a second term in the coming Oct. 5 elections.

Saturday, June 21st 2014 - 09:18 UTC

German companies warn of consequences from Uruguay/Argentina conflict

The UPM-Botnia pulp mill continues to be an issue of contention for Argentina

The Uruguay-Germany commerce and industry chamber (AHK), expressed its deepest concern over the current tension in relations between Uruguay and Argentina, and warned about the impact on the business climate for the two countries.

Saturday, June 21st 2014 - 09:04 UTC

Brazil disappointed with Argentina's 'lack of ambition' in reaching trade accord with EU

The administration of Cristina Fernandez wants a seven year grace before reducing some tariffs

Argentina and Brazil have again clashed not over football but over trade and Mercosur according to the Sao Paulo media. Brazil believes there is “a lack of ambition from Argentina” to finish polishing the proposal to be exchanged with the European Union for a much delayed cooperation and trade agreement.

Saturday, June 21st 2014 - 08:54 UTC

Pacific Alliance bourses, MILA, planned to be integrated by end of year

“The Pacific Alliance will have in MILA's bourses an effective instrument of economic integration,” said Luis Tellez

Mexico's stock exchange plans to be connected to bourses in Chile, Colombia and Peru by year-end through the Latin American Integrated Market, or MILA, nearly doubling the size of the bloc, it was announced in Mexico City.

Saturday, June 21st 2014 - 08:35 UTC

Bachelet proposes meeting of Mercosur and Pacific Alliance leaders

Bachelet addressing at the Alliance summit

Chilean President Michelle Bachelet on Friday proposed a September gathering between officials and business leaders from Mercosur and the Pacific Alliance in hopes of creating a tie-up between the two Latin American trade groups.

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