Latin America

Friday, December 7th 2018 - 06:41 UTC
Mexican president wants more investment from oil companies before awarding new contracts

Mexico’s new president says he will take a three-year break from awarding new oil exploration contracts in order to judge the results of contracts already awarded.
Thursday, December 6th 2018 - 09:47 UTC
Venezuela importing 300.000 bpd of refined products to ease fuel shortage

Venezuela this month plans to import over 300,000 barrels per day (bpd) of refined products to ease domestic fuel shortages caused by hobbled refineries and need to prioritize exports, according to internal documents, reports Reuters.
Thursday, December 6th 2018 - 09:28 UTC
Populism is not an ideology, it's a political technique which thrives on angry people

Five of the world’s largest democracies now have populist governments, claimed The Guardian last week, and proceeded to name four: the United States, India, Brazil and the Philippines. Which is the fifth? At various points it name-checks Turkey, Italy and the United Kingdom, but it never becomes clear which. (And by the way, India’s prime minister Narendra Modi is not a populist. He’s just a nationalist.)
Thursday, December 6th 2018 - 09:20 UTC
Illegal financing of political parties now punishable by jail in Peru

Peru's Congress Wednesday passed the bill which adds illicit financing of political organizations to the Penal Code, it was announced.
Thursday, December 6th 2018 - 08:28 UTC
Mexican president pressing foreign oil companies to show results

Mexico’s newly inaugurated president Andres Manuel Lopez Obrador, AMLO, is turning up the heat on foreign oil companies to show results before he holds new auctions.
Thursday, December 6th 2018 - 08:24 UTC
Guyana's tenth oil discovery makes her a future Latin American powerhouse

Thanks to ExxonMobil’s run of success in oil exploration offshore Guyana, the country is on a path to becoming a Latin American powerhouse, Wood Mackenzie said. The super-major announced its tenth Guyana discovery this week, increasing the discovered recoverable resource in its Stabroek Block to more than five billion barrels.
Wednesday, December 5th 2018 - 21:40 UTC
3G cellphone technology reaches Cuban customers, at long last

Cubans will have access for the first time to 3G mobile telephone technology starting this coming Thursday, the state-run telecoms monopoly in Cuba, Etecsa, announced Wednesday.
Wednesday, December 5th 2018 - 10:21 UTC
Bolivia's electoral court allows Evo to seek reelection despite 21F referendum

Bolivia's Supreme Electoral Court (TSE) Tuesday ruled by 3 votes to 2 that incumbent President Evo Morales and Vice-president Álvaro García Linera were allowed to run at the Movement to Socialism (MAS)'s primary elections to be held on January 27, 2019, where candidates for December's general elections are to be picked.
Wednesday, December 5th 2018 - 09:48 UTC
UN seeking US$ 738m to help neighboring countries receiving inflow of millions of Venezuelan refuges

The United Nations said on Tuesday it was seeking US$ 738 million in 2019 to help neighboring countries cope with the inflow of millions of Venezuelan refugees and migrants, who have “no prospect for return in the short to medium term”.
Wednesday, December 5th 2018 - 09:24 UTC
Ecuadorean vice president resigns following allegations of illegal funding

Ecuador's Vice President Maria Vicuna announced her resignation on Tuesday, one day after President Lenin Moreno relieved her of duties amid an investigation into payments she received as a legislator years ago.