There were few signs of a recession ridden United States at PINTA '09, the modern and contemporary art fair, showcasing Latin American art from 60 art galleries in Latin America, the United States and Europe. The third annual art fair held at the Metropolitan Pavilion in New York might be a young fair, but upon closer inspection of the high quality of art produced in Latin America, it has become an important player in the global art scene presenting the best of Latin American art not only to the United States, but also to the world.
Jose “Pepe” Mujica, 74, from the ruling Broad Front coalition was confirmed Sunday as Uruguay’s next president having defeated in the run-off 51.9% to 44.1%, Conservative candidate and former president Luis Alberto Lacalle.
Pope Benedict XVI hailed a 1984 Vatican-mediated friendship agreement between Argentina and Chile as a luminous example of peace winning out over war during an audience Saturday with the presidents of both countries.
In comparison to other countries in Latin America, Chile boasts relatively stable political institutions, particularly free and fair elections, and a substantial middle class. As a result, this South American country is widely recognized as a model for democratic development and respect for constitutional procedures throughout the region.
Mercosur countries are preparing a meeting with European representatives on the sidelines of the Ibero-American summit this weekend in Portugal to confirm their “interest” in reactivating trade negotiations with the EU, according to Spanish diplomatic sources.
Uruguay’s incumbent presidential candidate Jose “Pepe” Mujica again supported Brazilian president Lula da Silva’s administration and policies, describing as a “genius move” the decision to receive this week in Brasilia the controversial Iranian leader Mahmoud Ahmadinejad.
The Union of South American Nations, Unasur will not recognize Sunday’s presidential election in Honduras organized by the de facto regime, announced in Brussels Ecuadorian president Rafael Correa who called on the European Union to adopt a similar attitude.
A number of influential economists and analysts warn of a double dip recession, even as the US economy slogs toward recovery. Well-known analyst Meredith Whitney, Chief Executive Officer of the Meredith Whitney advisory group, recently expressed pessimism about the economy in an interview on CNBC, a cable TV station.
The invasion of Iraq was of questionable legitimacy, according to Britain's ambassador to the United Nations at the time. Sir Jeremy Greenstock told the official war inquiry he believed the military action was legal under international law, but it did not have majority backing in the UN.
A possible debt default by a Dubai state-owned conglomerate is an alert signal to avoid market euphoria, Brazil central bank chief Henrique Meirelles said on Friday.