Stories for 2013

Monday, October 28th 2013 - 06:17 UTC
Brazil's current account deficit in 12 months to September stands at 3.6% of GDP

Brazil's current account deficit narrowed in September from the previous month as the foreign trade surplus strengthened, but the improvement was more modest than economists expected. The country posted a current account deficit of 2.629 billion dollars in September, central bank data showed.
Monday, October 28th 2013 - 06:01 UTC
Former Colombian president Uribe challenges Santos peace talks with FARC

Former Colombian President Alvaro Uribe's political movement chose economist Oscar Ivan Zuluaga on Saturday as its candidate for presidential elections in May, a vote which represents Uribe's tough stance against leftist guerrillas.
Monday, October 28th 2013 - 05:37 UTC
Argentine government retains congress; Massa and Macri confirm 2015 presidential ambition

Argentine President Cristina Fernandez's governing bloc held onto control of Congress in Sunday's mid-term elections, but the results also confirmed the emergence of a new group of powerful leaders who with different messages (and non-messages) anticipated on that same night that their target it the presidential chair in 2015.
Monday, October 28th 2013 - 05:33 UTC
Rousseff and Mantega dispute IMF report on Brazil as 'incoherent'

Brazilian President Dilma Rousseff responded to the International Monetary Fund concern over the country's fiscal situation, saying Brazil was fulfilling its responsibilities. IMF claimed that Brazil's competitiveness had eroded in recent months and downgraded the country's growth forecast from 4.25% to 3.5%.
Monday, October 28th 2013 - 05:30 UTC
Argentina's nine month squid exports reach 91.277 tons, up 43.7% over 2012

Argentina exported 329,751 tons of seafood in the nine months of 2013 to September, a figure which shows an increase of 14.9% compared to the same period in 2012, when 286.899 tons were shipped abroad.
Monday, October 28th 2013 - 05:23 UTC
Candidate Bachelet announces constitutional reform, tax on the rich and more power to unions

Chilean former president and opposition coalition New Majority candidate Michelle Bachelet presented her government's program which is based on a review of the constitution, education and tax reforms, legalizing same sex marriage, government managed pension funds and strengthening unions' bargaining power, among other issues.
Saturday, October 26th 2013 - 15:54 UTC
Argentina appeals New York Judge Griesa's order regarding banks' disclosures

The Argentine government yesterday appealed an order by US Judge Thomas Griesa who asked some private banks to turn over information about Argentina’s assets abroad. The case had been started by hedge fund Elliott Management Corp’s NML Capital Ltd which is demanding in court full 100% payment of Argentine sovereign bonds face value.
Saturday, October 26th 2013 - 15:45 UTC
Brazil's main city again rocked by riots and vandalism over transport facilities and costs

Brazilian police fired tear gas and have arrested scores of protesters in the country's main city Sao Paulo when a march demanding free public transportation for students turned violent. The protest on Friday evening blocked key city streets and disrupted the public transportation system in the city of 11 million. Police reported the arrest of at least 78 people.
Saturday, October 26th 2013 - 13:48 UTC
Sunday election, an anticipation for the 2015 post Cristina Fernandez chapter

Sunday's midterm election in Argentina has become crucial for the government of President Cristina Fernandez who must retain control of Congress in the last two years of her mandate ahead of the 2015 presidential election, otherwise she runs the risk of becoming a lame duck accompanied by a most unwished end for the legacy of the Kirchner couple decade-plus rule.
Saturday, October 26th 2013 - 04:59 UTC
Paraguay will lead Mercosur trade negotiations with the EU next December

The Paraguayan foreign affairs ministry will represent Mercosur next December when the exchange of proposals with the European Union for a long pending free trade agreement, announced Uruguayan president Jose Mujica on Friday following private talks with his visiting peer from Paraguay, Horacio Cartes.