Following through on its threat, Venezuela's government announced on Wednesday it is quitting the Organization of American States, accusing the regional body of meddling in its internal affairs over weeks of political unrest. The step was taken just hours after violent clashes in Caracas between security forces and protesters during yet another march against the socialist government of President Nicolas Maduro.
The Economic Commission for Latin America and the Caribbean (ECLAC) updated growth projections for economic activity in the region in 2017 and forecasts a 1.1% average expansion for this year, the United Nations body stated on Monday in a press release. This projection is slightly below the 1.3% that was estimated in December 2016.
Argentine and United States presidents Mauricio Macri and Donald Trump will be addressing bilateral trade, the Venezuelan situation, combating drugs and declassification of documents from the last dictatorship when they meet next Thursday at the While House, according to Chargé d'Affaires Thomas Cooney currently running the US embassy in Buenos Aires.
In a positive development, today more than ever before, Latin American and Caribbean countries are pursuing counter-cyclical fiscal policies - spending more in bad times and saving in good times, according to a new World Bank semiannual report for the region.
Argentine president Mauricio Macri confirmed that a date has been officially established for his meeting with Donald Trump at the White House, April 27. The date was revealed by the president Macri during an interview with Bloomberg.
Norwegian Sky will sail 33 roundtrip cruises from Miami to Cuba in 2018, with 32 voyages featuring an overnight call in the capital city of Havana as well as a call on Great Stirrup Cay, Norwegian’s private island in the Bahamas.
In a surprise move, Ecuador’s ruling party, Country Alliance, has called for a recount of the votes cast in the weekend’s presidential election. Its candidate, Lenin Moreno, had won the election by the narrowest margin, with 51.16% of the vote.
ExxonMobil’s oil finding streaking offshore Guyana is continuing, with the company reporting yesterday that it has struck oil again. It is Exxon’s third such find in the Stabroek Block and the second this year, coming on the heels of oil discoveries in Liza in 2015 and Payara in January.
Venezuelan president Nicolas Maduro seems to have blown up the last bridge to Mercosur when he launched a barrage of accusations against Uruguay's foreign minister which triggered an immediate reaction from president Tabare Vazquez, who demanded evidence of the charges or a public retraction from the embattled Maduro. But the conflict has also openly exposed the deep rift inside the Uruguayan ruling coalition regarding the Bolivarian revolution “anti imperialist” regime.
On this International Day for Mine Awareness and Assistance in Mine Action 2017, the Organization of American States (OAS) wishes to highlight the many significant advances toward the goal of making the Americas the first landmine-free zone in the world.