Monday, May 31st 2010 - 03:57 UTC

Colombian incumbent presidential candidate wins but can’t avoid run-off

Juan Manuel Santos more than doubled his closest rival Antanas Mockus

Colombia’s former Defense Minister Juan Manuel Santos won more than double the votes of his closest rival in Sunday’s presidential election though failed to secure a majority of ballots needed to avoid a runoff in three weeks.

Monday, May 31st 2010 - 01:14 UTC

Brazilian businessmen not convinced by Mrs. Kirchner’s promises

Rubens Barboza, head of the powerful FIESP

Argentine President Cristina Fernandez de Kirchner promises that ‘there weren't, nor ever will be, barriers’ blocking Brazilian imports’ was received with disbelief by the Brazilian business community.

Monday, May 31st 2010 - 01:12 UTC

Turkish PM cancels visit to Argentina on strong lobbying from Armenian groups

Failed inauguration of bust to Mustafa Kemal Atatürk triggered PM Recep Tayyip Erdoğan reaction

Turkish Prime Minister Recep Tayyip Erdoğan cancelled his visit to Argentina after city officials in Buenos Aires called off the inauguration of a bust of Mustafa Kemal Atatürk as a result of Armenian efforts, the Turkish Foreign Ministry said Sunday.

Saturday, May 29th 2010 - 07:17 UTC

Chile: The new president appears to be doing pretty well

President Sebastián Piñera

By David Gallagher
(Ed. Note: Gallagher, a columnist for the conservative daily El Mercurio, is a man of many parts. He's British and Chilean, former Oxford professor of Spanish and Russian, author of the classic Modern Latin American Literature (1973), economist, investment banker, international business consultant, and father to children living on three continents.
(In this column he remarks that the “previous government”—that is Michelle Bachelet’s — “privileged imagery over reality.” One example: to celebrate a significant date, Bachelet cut the ribbon on a new hospital empty of equipment but filled with patients who were actually actors and who pretended to be ill for the press.)

Saturday, May 29th 2010 - 07:04 UTC

Celso Amorim remembers Argentina that “Brazil is a huge market”

The Foreign Affairs minister sent a clear message to any attempt to limit bilateral trade

Brazilian Foreign Minister Celso Amorim was the latest high ranking official to complain about the limitations applied to bilateral trade with Argentina and said it was imperative for the country to understand that “Brazil is a huge market.”

Saturday, May 29th 2010 - 05:31 UTC

Argentina announces Malvinas sovereignty presence with patrol vessels

Defence minister Nilda Garré

Argentine Defence minister Nilda Garré said that four navy patrol vessels will be sent to the “Mar Argentino” (South Atlantic) to show presence and the willingness of Argentina to exercise sovereignty over the (Argentine) Falklands/Malvinas Islands.

Saturday, May 29th 2010 - 05:26 UTC

Mrs. Kirchner promises there will never be barriers to Brazilian imports

A meeting “more than good”, according to the Argentine president

Argentine President Cristina Fernández de Kirchner assured that “there weren't, nor ever will be, barriers blocking Brazilian imports,” after holding a meeting in Rio de Janeiro with her Brazilian counterpart Lula da Silva, a gathering she classified as “more than good.”

Saturday, May 29th 2010 - 05:18 UTC

Colombians faithful to Uribe but seem ready for a “green” change

Antanas Mockus surprised at his own success with the Greens

Colombia goes to the polls Sunday in unusual circumstances for its recent history, with a technical tie between the top two presidential candidates who lead the pack of six contestants.

Saturday, May 29th 2010 - 03:03 UTC

Spain’s debt downgraded; Madrid lowers growth estimates 2010/2012

Popular Party leader Mariano Rajoy is calling for early elections

Risk rating agency Fitch downgraded Spain’s sovereign debt on Friday one notch from AAA to AA+ with an outlook of stable, saying that the country’s economic recovery is likely to be difficult and prolonged.

Saturday, May 29th 2010 - 02:59 UTC

IMF praises management of Peruvian economy; forecasts 5 to 7% growth in 2010

President Alan Garcia and IMF Managing Director Dominique Strauss-Khan

International Monetary Fund (IMF) praised Peru as a clear example of how to enforce the right economic policies since its GDP this year is expected to grow 5 to 7%.


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