The strong performance by Chile’s left-wing parties in Sunday’s election left conservative presidential frontrunner Sebastian Piñera facing a tight battle to win a December runoff and likely opposition to tax breaks in Congress if elected. Piñera came first with more than 36% of the vote, but his two main leftist rivals made a stronger-than-expected showing, garnering a combined 43% between them.Add your comment!
Chilean markets and investors did not like Sunday's election results: the Peso currency and benchmark IPSA stock index fell on Monday after market-friendly presidential candidate Sebastian Piñera garnered less support than expected in the country's election.1 comment
Poverty and scarcity are so extended in Venezuela that people now sell and buy food by the spoonful in a desperate attempt to overcome a situation that has worsened as the economy has entered into a growing hyperinflationary cycle.Add your comment!
Venezuela’s former attorney general urged the International Criminal Court to launch an investigation into alleged abuses of murder and torture by the leaders of the crisis-hit country. President “Nicolas Maduro and his government must pay for this, for these crimes against humanity,” said Luisa Ortega, after handing over to the tribunal in The Hague a dossier containing 1,000 pieces of evidence.Add your comment!
Former United States President Jimmy Carter was recently recognized by the Argentine government in a ceremony held at the Carter Center in Atlanta. Carter, 93, was conferred the highest honor awarded by the government of Argentina: the ‘Order of the Liberator General San Martín.’4 comments
Fernando Matthei Chile's ex commander of the Air Force and member of the military Junta, led by Augusto Pinchet, died on Sunday at the age of 92. The former pilot, was the father of Evelyn Matthei, who run and lost against Michelle Bachelet in the 2013 presidential election and since 2016 is mayor of Providencia, one of the main districts fo the capital Santiago.4 comments
A major boost to efforts to improve working conditions for millions of workers in the fishing sector came into force on November 16 with the International Labor Convention 188.Add your comment!
Following on his congressional midterm election win, president Mauricio Macri sealed a fiscal agreement with governors of nearly all Argentine provinces in a sign of his growing clout in upcoming negotiations to close the budget deficit, reform labor legislation and open up the economy. However there are some warnings and indicators to keep watch off, according to an orthodox economist.Add your comment!
The ousted mayor of Caracas pledged to spread his protest against Venezuela's socialist government across the world as he arrived in Spain on Saturday, a day after escaping from house arrest and slipping past Venezuelan security forces into Colombia.2 comments
Talks on forming a coalition government in Germany have collapsed after the free-market liberal FDP pulled out. FDP leader Christian Lindner said there was no basis of trust with Chancellor Angela Merkel's conservative CDU/CSU bloc and the Greens.Add your comment!