Argentina launched an aggressive campaign to boost domestic tourism this coming summer season by publishing hotel, food and rent prices of resorts along the Atlantic coast and comparing them with similar options in Mercosur partners such a Uruguay, Brazil and Chile.
Latin America shows a huge diversity regarding economic freedom with Chile (10) and Peru (24) among the top ranked 25 countries and another four, Bolivia, Ecuador, Argentina and Venezuela at the other end according to the latest report on Global Economic Freedom.
With less than three weeks for the “mother of all political battles” in Venezuela but that will have repercussions in the rest of the continent, the latest public opinion polls are indicating that opposition candidate Henrique Capriles is leading with 52% vote intention while Hugo Chavez has 48%.
An “extra-tropical” cyclone bashed from early Wednesday the River Plate with winds of over 150 kilometres forcing the Uruguayan government to close public buildings, suspend transport and recommend residents in the capital Montevideo and other locations along the coast to remain at home.
Farmers and activists from all over the continent converged on European Union headquarters Wednesday to push for a food policy that is fairer to family farmers and kinder to the environment and developing nations.
A fierce storm packing 140-kilometer an hour winds tore across the heart of South America on Wednesday, killing five people in Paraguay and wreaking havoc in Argentina and Uruguay.
The approval of Uruguayan president Jose Mujica dropped to 36% which is the lowest since he took office in March 2010, and the lowest of the ruling coalition Broad Front, according to the latest public opinion release.
Colombia could in few years be among the group of leading economies in the world with the highest growth rate based on positive indicators and a steady inflow of investments, according to experts from the Spanish bank during an economic forum.
Brazil's Dilma Roussef has approved the auctioning of new oil concessions next year, subject to congressional approval of a new royalties law, authorities said. The 11th auction outside the pre-salt next May would involve 74 oil blocks, half at sea and half on land.
Brazilian finance minister Guido Mantega said that resolving Europe’s economic problems are likely to drag out over coming years due to a complex and slow process of decision-making in the region and recommended emerging economies to promote domestic consumption and trade among them.