President Evo Morales said on Thursday that Repsol and the other multinational companies operating in Bolivia should not fear nationalization since his government only appeals to that extreme when corporations think in ‘looting’ instead of investing.
Famed Cuban dissident Yoani Sanchez defended before the Brazilian Congress the end of the US economic embargo and called for the closing down of the US Guantanamo military base.
A royal penguin is being cared for at a New Zealand zoo after being found stranded on a beach 2,000km from its Antarctic home. The young male bird, which was dehydrated and starving, is thought to be only the fourth royal penguin to wash up there in more than a century.
Mercosur will retake next March technical discussions for a new proposal to be presented to the European Union for a trade and cooperation agreement, announced Argentine Foreign minister Hector Timerman next to his peer Antonio Patriota following bilateral talks on Wednesday in Rio do Janeiro.
Brazilian farmer groups are opposing a contract that Monsanto the world’s biggest seed company is offering farmers to end a dispute over royalty payments on its genetically modified soybean seeds. Monsanto is trying to resolve uncertainty over its ability to collect fees on its new Intacta soybeans, which it is scheduled to start selling in Brazil during the next growing season.
Paraguay’s Superior Electoral Tribunal, TSJE said on Wednesday that representatives from Unasur, Union of South American Nations, would be present as observers of the electoral process scheduled for next April. The accord was signed by TSJE president Alberto Ramirez Zamonini and the head of Unasur High Level Group, Salomon Lerner.
Re-elected Ecuadorean president Rafael Correa is hopeful “transparent and democratic” elections will be held in Paraguay next April, a country with which he is waiting to normalize relations.
The achievements of democracy in Latin America, while simultaneously warning of the challenges that remain and that must be addressed in order to avoid stagnation in the current political process the region has been following in recent years, was highlighted by OAS chief in an address to the London School of Economics, LSE.
The Spanish infrastructure company Abertis said it was seeking 90 million dollars from Bolivia in compensation for the nationalization of its subsidiary Servicios de Aeropuertos Bolivianos (Sabsa). Abertis was also considering other possible legal claims, its chief executive Francisco Reynes said.
Brazilian President Dilma Rousseff raised the monthly stipend of 2.5 million people living below the poverty line to make good on her promise to eradicate extreme poverty in Brazil. Even when announcing she has almost met her anti-poverty target halfway through her four-year term, Brazil’s last census points to 700,000 families who still live in extreme poverty but are not registered on government social programs.