Over the past decade China has become a key partner for Latin America and the Caribbean with bilateral trade increasing 22 fold between 2000 and 2012, albeit with a strong deficit for Latin American countries, according to Alicia Bárcena, Executive Secretary of the UN Economic Commission for Latin America and the Caribbean.
“A recent decision by a United States appeals court threatens to upend global sovereign-debt markets. It may even lead to the US no longer being viewed as a good place to issue sovereign debt. At the very least, it renders non-viable all debt restructurings under the standard debt contracts.
Brazil's lower house has voted on Wednesday to end the system of secret voting in the national legislature. That's been a main demand from anti-government protesters who've taken to streets since June. And it was one of the five specific reform items that President Dilma Rousseff told lawmakers to pass to meet demonstrators' demands.
Chile's central bank cut its forecast range for 2013 GDP growth but maintained inflation and domestic demand predictions as the effects of a slowdown hitting copper demand are moderated by consumer spending.
A prominent backer of the 1973 military coup against elected President Salvador Allende said that General Augusto Pinochet betrayed those who supported the putsch out of patriotic sentiments. Roberto Thieme, a founder of the nationalist Homeland and Freedom movement, known as PyL, spoke out a week before the 40th anniversary of Allende's bloody ouster in an interview with Radio Cooperativa.
Chile's judges issued a long-awaited apology on Wednesday to relatives of those who sought missing loved ones under the military regime of Dictator Augusto Pinochet only to have courts shrug them off.
Uruguay’s inflation in August kept climbing and reached 1.04%, totalling 6.74% in the first eight months of the year and 8.86% in the last twelve months, which is well above the Central bank target of 4% to 6%, according to the latest report from the local Statistics Office, INE.
Colombia's peace talks with Marxist FARC rebels have reached a critical stage, with discussions over the next couple of months a key gauge of whether an end to five decades of war is likely or not, government negotiator Sergio Jaramillo said on Tuesday.
Deputy Chairman of the Argentine Industrial Union (UIA) Cristiano Ratazzi said that President Cristina Fernández “should leave office once her term ends” because those are the rules of democracy, otherwise it is ‘Chavism’.
Argentine President Cristina Fernández left on Tuesday for Russia to attend the G20 summit to begin next Thursday at the Constantine Palace in Saint Petersburg. The president flew on her office’s Tango 01 to Morocco where she changed aircraft to avoid any possible injunction from hedge funds on the presidential transport.