Economy

Thursday, December 12th 2013 - 06:39 UTC
London conference on Pacific Alliance; UK granted observer status

Over 150 representatives of British companies and businesses attended the conference on the Pacific Alliance (Chile, Peru, Colombia and Mexico) organized by the British Foreign & Commonwealth Office and the Financial Times. The Alliance is considered one of the newest and most promising political and economic blocks is emerging from Latin America.
Thursday, December 12th 2013 - 06:33 UTC
Latam forecasted to expand 3.2% in 2014 after a 2.6% this year, says Eclac

The economies of Latin America and the Caribbean will expand by 3.2% in 2014, which is higher than the 2.6% for 2013, according to the latest report from the UN Economic Commission for Latin America and the Caribbean, launched on Wednesday in Santiago, Chile.
Wednesday, December 11th 2013 - 23:17 UTC
Argentina will unveil new inflation and GDP stats in February and March

Argentina will unveil its new consumer price index (CPI) in February and a revised GDP index in March, Cabinet Chief Jorge Capitanich announced. The dates effectively comply with the demands of the International Monetary Fund (IMF) that had extended a deadline for Argentina to improve the quality of its economic data.
Wednesday, December 11th 2013 - 06:23 UTC
Paraguayan Senate accepts Venezuela as full member of Mercosur; praise from Brazil

The Paraguayan Senate finally passed on Tuesday afternoon, with a large majority a protocol for including Venezuela as full member of Mercosur. The protocol, which was submitted to Congress by President Horacio Cartes, was supported 29-10.
Wednesday, December 11th 2013 - 04:01 UTC
Cristina Fernandez blasts police: “I don't believe in coincidence nor in contagious events”

Marking the 30th anniversary of the return of democracy to Argentina, President Cristina Fernández referred to the wave of lootings across the country and police force protests, and stated that “they were no coincidence”, during a rally from the Government House in Buenos Aires on Tuesday evening.
Wednesday, December 11th 2013 - 00:06 UTC
Beijing virtually 'takes over' the Caribbean island of Dominica

Dominica and China have signed a new 300 million dollars cooperation agreement that includes the construction of a hotel, construction of an international airport and building a new hospital. The sum involved is equivalent to a third of the small Caribbean island GDP, which could mean Beijing virtually is 'purchasing' the small territory.
Wednesday, December 11th 2013 - 00:02 UTC
Santos says a 'cease fire' only when FARC signs the peace agreement

Colombia's main leftist guerrilla group, the FARC, said today it would implement a 30-day ceasefire from December 15 while the government said it would keep pursuing the rebels after they attacked a police station killing eight.
Tuesday, December 10th 2013 - 22:49 UTC
IMF extends Argentina a new deadline for CPI and GDP statistics

Directors of the International Monetary Fund (IMF) announced on Monday that they will give Argentine authorities an extended deadline in order to improve upon disputed national statistics, giving the nation until March 2014 to make the necessary changes.
Tuesday, December 10th 2013 - 22:45 UTC
Record wheat crop in Brazil's main producitn state of Rio Grande do Sul

Brazil's most southern state, Rio Grande do Sul is consolidating as the country's main producer of wheat with a record crop from the current harvest of 2.91 million tons, breaking the 2011 record of 2,74 million tons, according to the latest report from Emater, the country's rural extension department.
Tuesday, December 10th 2013 - 22:43 UTC
Pacific Alliance conference on preventing corruption in public infrastructure projects

With the support of the British Embassies in Peru, Mexico, Panama, Costa Rica and Chile, representatives of these countries will participate in a meeting, focused on how to prevent unlawful practices in public infrastructure construction projects.