Latin America's trade deficit with China jumped to 6.6 billion dollars last year from only 150 million in 2011, according to an analysis by online publication Latinvex based on new data from the IMF. Total trade between China and Latin America grew 8% last year to 255.5bn which means the region’s trade with China is growing faster than with the United States, 6.2%.
Currency strength due to stimulus measures in the developed world is currently Latin America's Achilles' heel, though the region's macroeconomic management is a bright spot, the head of the United Nations' body for the region said on Monday.
Paraguay has made official its request to become an observer of the Pacific Alliance, (Colombia, Chile, Mexico and Peru), as part of its policy to strengthen relations with other countries that goes beyond Mercosur and has proven very successful for the exchange of experiences.
China has raised concerns about European Union plans to negotiate an ambitious free trade deal with the United States, fearing it is a protectionist move and at the same time Beijing new administration is doubling efforts towards Latinamerica and Africa.
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.
Latin America's growing prosperity is fuelling a cancer epidemic that threatens to overwhelm the region unless governments take urgent preventive action, a study warned.
Latin American and Caribbean countries will grow on average 3.5% this year supported by a strong domestic demand and the improved performance of Argentina and Brazil compared with 2012, according to the latest “Updated economic review of Latin America and the Caribbean 2012’ from the UN Economic Commission for Latinamerica and the Caribbean, ECLAC.
The International Monetary Fund (IMF) stated on Wednesday that both financial and banking sectors in Latin America “should keep their guards up” before the recent and fast growth of the credit, though the lender doesn’t see any overheat of the region’s economy.
By Rafael Rincon - The following piece tries to explain how Lady Thatcher was seen in Latin America and the reactions her death has triggered in the region. ‘An Iron legacy’ was written by Chilean commentator Rafael Rincon, an expert in international relations and strategy and also linked to the oil industry.
The countries of the Americas face an ‘unprecedented opportunity’ for sustained growth supported by a newfound sense of optimism, said the Secretary General of the Organization of American States (OAS), Jose Miguel Insulza at the Palm Beach Strategic Forum.