Latin AmericaLatin America
By Arturo Porzecanski of American University (*) - Jose Antonio Ocampo, a former United Nations official and co-president with Prof. Joseph Stiglitz of Columbia University’s Initiative for Policy Dialogue, which promotes the adoption of heterodox economic policies in developing countries, recently wrote a guest post welcoming a UN General Assembly resolution calling for the launch of negotiations on a multilateral framework for sovereign debt restructuring.
Colombian legal tribunal has ordered 11 companies to halt gold-mining operations in a 50,000-hectare reserve in the northwest of the country and return the land to the native tribe that previously lived there.
Colombia's government and Marxist inspired FARC rebels have released copies of previously unpublished agreements reached at peace talks to end five decades of war, providing a glimpse of accords that could make up a final deal.
Argentina tightens security on all air flights: requested info must be delivered 72 hours before take off
The Argentine government announced that airlines for both commercial and non commercial flights will be required to deliver further information of its passengers to the National Migrations Office, the AFIP tax bureau, Airport Police and Civil Aviation National Administration (ANAC).
Argentine President Cristina Fernández accused holdout investors of committing economic terrorism and reiterated her wish for a multi-lateral framework to regulate sovereign debt, during her speech before the United Nations 69th General Assembly on Wednesday.
New York district judge Thomas Griesa has asked Argentina to show cause and explain why the country should not be declared in contempt, following its decision not to pay holdout investors full amount for their defaulted bonds as the judge’s ruling ordered on August 8.
Argentine Cabinet Chief Jorge Capitanich on Wednesday lashed out at Germany's finance minister, denouncing Berlin's hostile attitude toward Argentina's debt restructuring effort. He added that Germany had always had a hostile attitude toward Argentina from an economic and financial point of view.
Brazil’s Real advanced from a seven-month low as the central bank signaled it will maintain support for the currency when it increased the number of foreign-exchange swap contracts offered in a rollover.
The Uruguayan government released this week the equivalent of 22.9 million dollars for the financing of political parties campaigning for 26 October when presidential and legislative elections are scheduled. In Uruguay political parties receive government support for electoral activities and private donations are closely scrutinized.
FIFA says its executive committee will this week discuss a proposal to introduce a three-minute stoppage if a player suffers a suspected concussion. Michel D'Hooghe, head of FIFA’s medical committee, recommended the new rules for the treatment of head injuries following a series of incidents in recent months that have sparked criticism of FIFA.