Latin America

Thursday, October 8th 2015 - 10:21 UTC
With Brazil contracting 3%, Latin America's economy will shrink 0.3%, says IMF report

The International Monetary Fund said today that it now expects Latin America's economy to shrink 0.3% this year instead of growing 0.5%, largely due to a steep recession in Brazil and slumping commodity prices. It would be the first recession for the Latin American and Caribbean region since 2009.
Tuesday, October 6th 2015 - 07:40 UTC
Latin America forecasted to contract 0.3% this year and 0.7% growth in 2016

The United Nations Economic Commission for Latin America and the Caribbean, ECLAC, forecasted a downward trend in the region’s economic activity for 2015 to -0.3% from 0.5%, and estimates that for 2016 growth will be close to 0.7%.
Saturday, October 3rd 2015 - 11:01 UTC
Argentina's incumbent presidential candidate Scioli could just make it in the first round

Ruling party candidate Daniel Scioli could win Argentina's presidential election in the first round, after an opinion poll published on Friday showed he had widened his lead over his closest rival. Scioli, the anointed candidate of President Cristina Fernandez, would win 41.3% of voters' support, including his share of projected undecided votes, the survey by Ricardo Rouvier & Associates showed. Second-placed mayor of Buenos Aires City, Mauricio Macri would secure 30.5%.
Saturday, October 3rd 2015 - 06:57 UTC
President Santos confirms Colombian drug lord killed in military operation

A wanted Colombian drug lord who had a $5-million price on his head from the United States has been killed in a military operation, authorities said Friday. Victor “Megateo” Navarro, a former guerrilla fighter accused of running a cocaine supply route along the Colombian-Venezuelan border, was first reported killed in August.
Friday, October 2nd 2015 - 05:20 UTC
Caricom fully supports Guyana's 'territorial integrity' and insists the Caribbean is Zone of Peace

Caribbean Community and Common Market (CARICOM) Foreign Ministers have welcomed Venezuela’s decision to receive a United Nations (UN) technical team which will provide recommendations to the UN Secretary-General on the way forward to a full and final solution to its territorial dispute with Guyana. And they say they fully support Guyana’s “territorial integrity”.
Wednesday, September 30th 2015 - 07:46 UTC
Obama and Castro renew calls for an end to US trade embargo against Cuba

President Barack Obama met his Cuban counterpart Raul Castro on Tuesday at the United Nations and renewed calls for an end to the US trade embargo against Havana.
Tuesday, September 29th 2015 - 10:32 UTC
“Even in jail I will fight for a free Venezuela”

By Leopoldo López - Prisión de Ramo Verde, Venezuela. On Feb. 12, 2014, the repressive and inept elite that governs Venezuela ordered my arrest on charges of conspiracy, arson, inciting violence, damage to public property and other crimes.
Tuesday, September 29th 2015 - 06:28 UTC
Former president says “no way Uruguay can escape the impact of the Brazilian crisis”

Brazilian former president Fernando Henrique Cardoso, (1995/2002) said that the serious economic situation faced by Brazil is very complex, will take time to overcome and most surely the impact will be felt in neighboring Uruguay, a country which must target other markets, other economic spaces.
Monday, September 28th 2015 - 10:45 UTC
Record soy and corn crops forecasted in South America because of stronger dollar and El Niño

A combination of weather, currency and political factors should result in another huge South American crop of corn and soybeans, further depressing grain and oilseed prices, says an analyst, according to a report from Canada's The Western Producer. 
Monday, September 28th 2015 - 10:15 UTC
Guyana and Venezuela agree to restore ambassador and hold talks

Following a tense meeting, the presidents of Venezuela and Guyana agreed Sunday to restore ambassadors and hold talks to resolve a long-running border dispute that flared up recently following the discovery of oil in disputed waters.