A total of 5.93% of rural land in Argentina is foreign-owned President Cristina Fernández announced which amounts to 15.8 million hectares. During a speech at Government House, Justice Secretary Julián Alvarez presented a survey that is a prelude to the full implementation of the Law 26,737 on Rural Lands (Ley de Tierras Rurales) passed in 2011 to place a 15% limit on foreign ownership of rural land in Argentina.
Latinamerica and the Caribbean are poised to grow 3% this year, according to the July Economic Survey of Latin America and the Caribbean, which is down from the previous April estimate of 3.5%. Slower growth in the region’s two largest economies Brazil and Mexico, and more modest activity in Chile, Panama and Peru have pulled the average down.
Despite a tiring 32 hours flight and encountering extremely hot and humid conditions the Falklands football team, playing in their 5th International Island Games competition, took home a bronze medal after defeating the small Norwegian Island of Froya by a 6-0 score line.
Aurora Expeditions are set to shake up the traditional Antarctic cruise itinerary with the launch of an exciting new ‘Antarctic Gateway’ in their 2014/15 Antarctic program. The Chilean port and nature haven of Puerto Williams will be used as an alternative to the usual Argentinian port of Ushuaia, with voyages either starting or ending on the eco-rich Navarino Island along the Chilean banks of the Beagle Channel.
Paraguay is ready to return to Mercosur as long as there is respect the country’s dignity, but at the same time will look for other trade and cooperation opportunities with Mexico, United States and the Pacific Alliance, said the Paraguayan ambassador in Washington.
International issues helped Mercosur to close ranks and give a false image of unity during the last summit held in Uruguay, according to diplomatic sources in Montevideo that are surfacing details of a bitter exchange behind doors between Argentina’s Cristina Fernandez and Brazil’s Dilma Rousseff.
The Organization of American States (OAS) Secretary General, José Miguel Insulza, met with Paraguayan president Federico Franco at the start of his two-day official visit to Asunción.
Rio de Janeiro's subway broke down on Tuesday, causing chaos for throngs of pilgrims in town for a huge Catholic gathering and a papal visit already marked by security lapses. Crowds of people crammed into buses, scrambled to find taxis or began walking toward Copacabana beach for an evening mass to officially kick off World Youth Day.
Around 400,000 Roman Catholics have joined a Tuesday evening ceremony on Copacabana Beach in Rio de Janeiro to mark the opening of World Youth Day. The highlight of the festival will be a visit on Thursday by Pope Francis.
Uruguayan president and former guerrilla Jose Mujica left Tuesday night for Cuba where he is scheduled to hold meetings with President Raul Castro, the revolution leader Fidel Castro and attend the celebrations of the sixtieth anniversary of the assault on the Moncada military fort.