For the first time since 2002 Argentina is forecasted to end the tourism year with a negative balance totalling 2.3 billion dollars compared to a positive one of 304 million dollars in 2011, according to consultants Ecolatina.
Separatists in Spain's Catalonia won regional elections on Sunday but failed to get a resounding mandate for a referendum on independence, which had threatened to pile political uncertainty on top of Spain's economic woes.
A Brazilian magistrate described the wave of killings in Sao Paulo city as a ‘civil war’ between organized crime and unsupported police forces to which the local population is closing its eyes.
By Lord Hunt & Terry Townshend - We have learnt to expect surprises at UN climate change summits. At Durban, a year ago, there was the unexpected, but welcome, agreement to begin negotiations on a new legally binding instrument involving all major emitters of greenhouse gases, to be finalised by 2015, and to take effect in 2020.
Unasur special envoy Salomon Lerner said he returns to Peru with “a good impression” of the Paraguayan electoral process and the overall situation of the country.
Argentina is strongly committed with multilateralism and trusts in the UN to reach a fair, peaceful and long lasting solution to the sovereignty dispute in the Malvinas issue, said Ambassador Maria Cristina Perceval during her Friday credentials presentation ceremony with Secretary General Ban Ki-moon.
The Brazilian navy has its first woman two-star Rear Admiral, following the signing on Friday by President Dilma Rousseff of her promotion to the rank of Officer General of the Navy.
The Organization of American States (OAS) and Paraguay signed an agreement this week to send observers to the April 2013 elections. OAS contrary to Unasur and Mercosur did not describe Paraguay political events of last June as “a rupture of the democratic process” or a congressional coup and has been supportive of the country.
Brazil, Bolivia and Chile had the best ‘business climate’ in Latin America during October according to the Economic Climate Index, ICE from the Brazilian think-tank Getulio Vargas Foundation, FGV.
Uruguayan president Jose Mujica appealed to workers and entrepreneurs to avoid an escalation of salaries and prices which leads “to all sort of fiddling” as is happening in Argentina.