Latin AmericaLatin America
British telecommunication company, Cable and Wireless Communications, Plc (CWC) Tuesday announced it had completed its US$1.85 billion acquisition Columbus International Inc (CII).
People in Latin America are the most likely in the world to experience a lot of positive emotions on a daily basis, according to Gallup's Positive Experience Index. In fact, for the first time in Gallup's 10-year history of global tracking, all of the top 10 countries with the highest Positive Experience Index scores are in Latin America.
Peru's prime minister was ousted by Congress in a vote of no confidence late on Monday following allegations of spying on her opponents, delivering a blow to President Ollanta Humala who will now have to form another new government. The new PM will be Humala's seventh in less than four years.
Most Latin American and Caribbean countries need to make budget adjustments in the face of rising fiscal imbalances and higher financial risks, according to the Inter-American Development Bank’s annual macroeconomic report issued this week.
The Permanent Council of the Organization of American States (OAS) decided on Monday to hold the 45th meeting of its General Assembly on June 15/16 at its headquarters in Washington, DC, after Haiti declined to host the event.
Although U.S. tourists are still technically banned from visiting the Caribbean country, one of the world's last remaining authoritarian regimes, the process of normalizing relations between the U.S. and Cuba has the cruise industry ready to pounce, according to Maritime Link.
British experts in sports security visited Uruguay and shared experiences in sports security management with their counterparts. The UK delegation was made up of Sue Storey, Director of Sports and International Development, and Geoff Galilee, Sports Football Clubs Inspector of the Sports Ground Safety Authorization, SGSA.
Uruguay's GDP expanded a strong 3.5% during 2014 over the previous year, with positive activity in most sectors of the Mercosur member economy, according to the latest report from the Central bank. The result was in line with government officials expectations of 3% growth last year.
Mercosur is being left out of the main global trade flows since it only belongs to 1% of free trade treaties or tariff preference agreements, which actually represent half of world trade, said Uruguay's foreign minister Rodolfo Nin Novoa during a conference on Education and regional integration.
Bolivia and the Organization of American States, OAS, signed an agreement for the deployment of an observation mission to regional elections on 29 March in the landlocked country.