Latin AmericaLatin America
President Barack Obama gave his blessing to a new security arrangement with Mexican leader Enrique Peña Nieto, in which Mexico will make reducing violence a priority over hunting drug cartel kingpins in the war against organized crime. The two presidents said they also want to step up trade and business ties that have been overshadowed by the battle against drug trafficking.
The Venezuelan opposition on Thursday challenged the results of last month's presidential poll won by the late Hugo Chavez's successor, further muddying an already messy transition to life without the divisive leader. The formal challenge was done with the Supreme Court, despite allegations the tribunal is loaded with pro-Chavez judges and certain to reject the challenge.
Violence, intimidation and polarization still obstruct reporting in Americas says the 2013 Reporters Without Borders Press Freedom Index which was released in anticipation of the World Press Freedom Day, May 3 (*). The report states that the ranking of most countries is no longer attributable to dramatic political developments and this year’s index is a better reflection of the attitudes and intentions of governments towards media freedom in the medium or long term.
President Barack Obama leaves on Thursday for Mexico and Costa Rica, on a strategic mission to deepen trade ties and jobs’ creation but also hoping to discuss US immigration reform, security threats and drug wars.
Fitch Ratings in March joined two other major ratings agencies in giving Uruguay its coveted investment grade, a move that lowers the nation’s borrowing costs and opens up opportunities for new investors.
Brazilian Foreign minister Antonio Patriota arrives Thursday in Ecuador for bilateral talks on trade, investment and immigration, and to attend a day later the Amazon group summit of ministers, reports Itamaraty palace.
Brazil posted a budget primary surplus of 3.5 billion Reais (1.75bn dollars) in March, recovering after a deficit in February, but still the worst performance in the first quarter of the last four years, according to central bank data released this week.
The Organization of American States (OAS) expressed concern over the acts of violence that took place on Tuesday in the National Assembly of Venezuela and noted that this reflects, in a dramatic way, the absence of a political dialogue that could reassure the public and the branches of government, in order to resolve the outstanding issues in this country in a climate of peace between all Venezuelans.
President Evo Morales expelled a US development agency from Bolivia, marking the latest confrontation between Washington and a bloc of populist governments in Latin America.
Argentina's natural gas imports rose 74% to 28.4 million cubic meters/d in March, compared with 16.3 million cu m/d in the year-earlier period, the country’s Energy Secretariat said Monday. Imports were up 16% compared with 24.5 million cu m/d in February, according to a monthly data report.