Latin AmericaLatin America
Brazil and Paraguay foreign ministers Jose Serra and Eladio Loizaga expressed deep concern with the Venezuela crisis situation, particularly the economic and human rights continued deterioration, and reiterated their two countries willingness to cooperate and promote dialogue.
The World Bank has slashed its 2016 global growth forecast to 2.4% from the 2.9% estimated in January, due to stubbornly low commodity prices, sluggish demand in advanced economies, weak trade and diminishing capital flows.
Former World Bank economist Pedro Pablo Kuczynski won the majority of votes in Peru’s closest presidential contest in five decades, election officials announced Thursday, even as his rival Keiko Fujimori had yet to concede defeat.
Peruvians waited Wednesday to learn who their next president will be, as ex-Wall Street banker Pedro Pablo Kuczynski's camp called his lead insurmountable and controversial rival Keiko Fujimori insisted she still had a shot. Three days after Sunday's runoff election, the race to lead one of Latin America's fastest-growing economies was still too close to officially call, even though 99.5% of the ballots had been counted.
After directing criticism at Venezuelan President Nicolas Maduro and urging that Caracas be considered for suspension from the Organization of American States (OAS), Luis Almagro has accused Argentine President Mauricio Macri of impeding those efforts and of reversing his campaign promises of taking a hard line against Maduro.
Uruguay will hand over the chair of Mercosur to Venezuela at the end of July, as indicated by the organization's calendar, and does not support the implementation of the Democratic clause against the government of president Nicolas Maduro, as sponsored by OAS secretary general, Luis Almagro a former Uruguayan foreign minister.
Economist Pedro Pablo Kuczynski had a slight lead over Keiko Fujimori, the daughter of an imprisoned former president, as early results came in from Peru's presidential election on Sunday. The 77-year-old Kuczynski had 50.59% support while Fujimori had 49.41% with about 52% of votes counted.
Less than a decade after Peru imprisoned former President Alberto Fujimori, voters will decide on Sunday whether to put his 41-year-old daughter back in the presidential palace where she once served as his first lady.
Argentina describes Falklands' governor speech on links as 'positive', but they must be bilateral through UK
Argentina believes there is an opportunity to improve the relation with the Falkland Islanders, and 'we are exploring available options', but those links must be channeled through bilateral relations with the United Kingdom, since the Islands dispute is with the UK.
Venezuelan President Nicolas Maduro said on Tuesday that Organization of American States chief Luis Almagro had called for foreign “intervention” in his country by invoking the body’s Democratic Charter in response to the political crisis in Venezuela.