Latin America

Latin America
Friday, November 28th 2014 - 06:30 UTC

Uruguay praises Mercosur as the “main buyer” of the country's exports

Almagro highlighted that ”Mercosur allows Uruguay to diversify its exports and to sell products with more value added, which generates more jobs”.

Uruguay’s Foreign Minister Luis Almagro highlighted that Mercosur is the “main buyer” of Uruguayan exports and strongly defended the country's presence in the regional group, a controversial issue since much of the country's political system and most of the business community want a more dynamic, open trade block.

Thursday, November 27th 2014 - 12:19 UTC

Twenty six British universities participated in Education UK Exhibition in Chile

The event was organized by the British Council in conjunction with the Embassy in Chile, and with over a thousand students and young professionals attending.

Twenty six British universities participated in Santiago de Chile at the Education UK Exhibition for postgraduate studies organized by the British Council in conjunction with the Embassy in Chile.

Thursday, November 27th 2014 - 06:19 UTC

Mercosur/Pacific Alliance agree on flexible integration but no talk on tariffs

“It is not realistic to insist with a tariffs integration at this stage, but yes we can advance in other areas”, said Bachelet

Mercosur and the Pacific Alliance explored this week in Chile the possibilities of a gradual, and flexible, integration but left aside all possibility of a near future agreement on tariffs.

Wednesday, November 26th 2014 - 09:41 UTC

Pacific Alliance and Mercosur represent 90% of Latam and Caribbean GDP

“The gradual convergence between the Pacific Alliance and Mercosur” is a natural conclusion of the integration, said Alicia Barcena

The Pacific Alliance (PA) and the Common Market of the South (Mercosur) combined represent more than 80% of regional foreign trade as well as population, and more than 90% of GDP and direct foreign investment flows, according to a new report by the Economic Commission for Latin America and the Caribbean (ECLAC).

Tuesday, November 25th 2014 - 07:21 UTC

Mujica apologizes to Mexico and gives full support to the fight against drugs

“None of us can feel completely detached from the tragedies that are affecting the Mexicans and other Central American countries,” said Mujica.

Mexico and Uruguay declared on Monday an end to a brief diplomatic spat over the Uruguayan president's description of Mexico as a “kind of failed state.” Mexico's government protested the remarks by Uruguayan President Jose Mujica over the weekend and said it would summon the country's ambassador for an explanation.

Monday, November 24th 2014 - 07:44 UTC

IMF monitoring impact of Venezuela's economic stress for Caribbean islands

“We are mindful and concerned about the feasibility of PetroCaribe continuing, certainly at the level it has been” said IMF advisor Cantelli

The International Monetary Fund (IMF) says it is monitoring the potential impact any changes to PetroCaribe, Venezuela’s oil alliance with several Caribbean islands will have on regional economies.

Monday, November 24th 2014 - 07:03 UTC

Peru investigating the death of 500 sea lions found on a northern beach

Agents said the bodies were of young as well as old animals, the official Andina news agency reported.

Peru is investigating the deaths of some 500 sea lions found on a beach on its northern coastline. The local governor has accused fishermen of poisoning the mammals, which usually come close to the shore looking for food.

Monday, November 24th 2014 - 06:45 UTC

Mexico/Uruguay incident following Mujica's statement about a 'failed state'

“It gives one the sense, seen from a distance, that this is a kind of failed state, in which public authorities have completely lost control,” Mujica said

Mexico said on Sunday it was summoning Uruguay's ambassador after Uruguayan President Jose Mujica said that the disappearance of 43 students in southwest Mexico suggests the country is a 'failed state'.

Friday, November 21st 2014 - 06:05 UTC

Cristina Fernandez rests in Patagonia and prepares for regional agenda

The Argentine leader will be attending the inauguration of Unasur headquarters in Quito, a building named after her late husband Nestor Kirchner

Argentine President Cristina Fernandez left Thursday evening for El Calafate, Santa Cruz province, to spend the long weekend with her family, presidential spokesman Alfredo Scoccimarro reported.

Thursday, November 20th 2014 - 05:05 UTC

Former Brazilian minister blames Argentina for lack of EU/Mercosur trade accord

“Mercosur is stalled, maybe it's time to declare the independence of Brazil from that group”, said Furlan

A former Brazilian Development minister and currently member of the board of BRF, one of the world's leading food corporations, Luiz Fernando Furlan said Brazil is far away from world trade agreements and urgently needs to review policies in this area, including participation in Mercosur.

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