Latin America

• Monday, November 14th 2011 - 17:11 UTC

  Mexican remittances rose in September at fastest pace in five years

  

  Mexican remittances rose at the fastest pace in five years in September as immigrant workers took advantage of the Peso’s decline to send more money to relatives, according to the Mexican Central bank.

• Monday, November 14th 2011 - 16:48 UTC

  Uruguay has become an IMF creditor and contributed to bail-out Ireland

  

  Uruguay has become a net creditor of the International Monetary Fund and given this condition has helped in the bailing out of such countries as Ireland and Angola, revealed a top authority of the Central Bank during a hearing before the country’s Senate’s Finance Committee.

• Saturday, November 12th 2011 - 11:22 UTC

  Iguazu Falls chosen as one of the natural seven wonders of the world

  

  The Iguazú Falls located on the border of Argentina and Brazi and consisting of approximately 257 individual falls over 2.7 kilometres were chosen as one of the new natural seven wonders of the world in a contest in which thousands of people voted via text messages, by phone and online. The result will be made official in 2012 with a big celebration.

• Friday, November 11th 2011 - 08:32 UTC

  Economist warns Latam to prepare for the chain effect of a Euro collapse

  

  The Secretary-General of the Ibero-American Secretariat Enrique Iglesias, warned Thursday that the EU crisis could reach as far as Asia and Latin America, and that preventive measures should be taken.

• Friday, November 11th 2011 - 08:28 UTC

  Puyehue volcanic ashes are back forcing delays in Buenos Aires and links to Chile

  

  Buenos Aires City two main air terminals, Ezeiza and Aeroparque faced on Thursday disruptions and flight complications because of the presence of the ash cloud from the Chilean Puyehue volcano, affecting particularly Patagonia to the south of Argentina and links with Santiago de Chile.

• Thursday, November 10th 2011 - 06:17 UTC

  Uruguay best place to live in Latin America, says Legatum Institute

  

  Uruguay is the best place to live in Latin America according to the Legatum Institute fourth year index on quality of life conditions which ranks 110 countries world wide representing 90% of world population and 97% of the global economy.

• Thursday, November 10th 2011 - 06:05 UTC

  Unasur council addresses initiative to compare military spending in the region

  

  The Unasur Defence Council is scheduled to meet Thursday and Friday in Peru to address an action plan for 2012, which once approved will help estimate and compare in a more compatible way military expenditure.

• Wednesday, November 9th 2011 - 06:44 UTC

  Chilean inflation up in October for the third straight month; GDP expands faster

  

  Consumer price inflation in Chile accelerated for the third straight month in October, data released by the National Institute of Statistics showed Tuesday.

• Wednesday, November 9th 2011 - 06:25 UTC

  Bolivia and Washington restore full diplomatic relations

  

  Bolivia and the United States restored full diplomatic ties Monday for the first time since 2008. Three years ago the Andean nation's government expelled the US ambassador and the Drug Enforcement Administration (DEA). The US expelled the Bolivian ambassador in return.

• Wednesday, November 9th 2011 - 06:19 UTC

  Twitter ‘shouting match’ between Raul Castro’s daughter and dissident blogger

  

  Social media moved into a new realm in technologically backward Cuba Tuesday when Cuban President Raúl Castro's controversial daughter Mariela began tweeting and quickly got into the Twitter equivalent of a shouting match with dissident blogger Yoani Sanchez.