Latin America

• Saturday, February 1st 2014 - 04:54 UTC

  Argentina among the least well-off economies in the region, says IMF

  

  The economies of Argentina and Venezuela are the least well-off in the region due to pressures on inflation, the balance of payments, and foreign exchange markets that developed last year, the International Monetary Fund warned.

• Friday, January 31st 2014 - 07:04 UTC

  Mujica admits that with Argentina 'nothing is guaranteed, only change, one way or the other'

  

  Uruguayan president Jose Mujica said there is 'nothing guaranteed' in the coming talks with Argentina over a long list of bilateral issues, in reference to his meeting on Tuesday with president Cristina Fernandez in Cuba on the sidelines of the recent Celac summit. Mujica was interviewed by a Uruguayan television channel.

• Friday, January 31st 2014 - 06:42 UTC

  Climate change increasing penguin chick mortality in Argentina, says report

  

  Penguin-chick mortality rates have increased in recent years off the coast of Argentina, a trend scientists attribute to climate change and expect to worsen throughout the century, a new study finds.

• Friday, January 31st 2014 - 06:32 UTC

  Peru and Chile committed to 'gradual and timely' implementation of maritime border ruling

  

  As the echoes of Monday’s International Court of Justice (ICJ) continued to reverberate in Santiago and Lima, Presidents Ollanta Humala and Sebastián Piñera of Peru and Chile met on the sidelines of the CELAC (Community of Latin America and Caribbean States) summit in Havana in a show of unity.

• Friday, January 31st 2014 - 06:25 UTC

  Changes in the Brazilian cabinet with an eye on October elections

  

  Brazilian President Dilma Rousseff announced changes in her Cabinet on Thursday with an eye on the October elections in which some of her current ministers will run for Congress and regional government posts. She is expected to launch her presidential re-election bid next 10 February.

• Thursday, January 30th 2014 - 06:35 UTC

  Celac ratifies full support for Argentina's Malvinas “legitimate sovereignty” claim

  

  The Celac summit in Cuba underlined in its final declaration its determination to strengthen the regional space among Latin American and Caribbean countries and at the same time ratified its full support for Argentina's claim over the Falklands/Malvinas Islands.

• Thursday, January 30th 2014 - 06:01 UTC

  Malvinas claim support from Celac, underlined by Argentine president

  

  Argentine president Cristina Fernandez celebrated the advances in integration achieved by Latin America and the Caribbean, and thanked country members for their support in Argentina's claim over the Malvinas and other South Atlantic Islands sovereignty.

• Wednesday, January 29th 2014 - 21:00 UTC

  New York Times blasts Cristina Fernández: “Argentina on the brink”

  

  The New York Times published on Wednesday a very strong editorial criticizing the misguided policies of the government of President Cristina Fernandez, arguing that once again 'Argentina is on the brink”.

• Wednesday, January 29th 2014 - 20:37 UTC

  Ecuador readies witch hunt against certain journalists, claims NGO Fundamedios

  

  Ecuadorean non-governmental organization Fundamedios claimed that President Rafael Correa is trying to stop it from operating normally after the government announced that the “administrative control” of the NGO would be transferred to the national Communications Secretariat.

• Wednesday, January 29th 2014 - 06:51 UTC

  Argentine foreign money market operating at 8.015 Pesos to the US dollar

  

  For second day running the Argentine foreign money market reacted with normality with the official rate of the US dollar closing at 8.015 Pesos, while the so called 'reference dollar' for savings traded at 9.62 Pesos and the 'blue' or parallel climbed 35 cents to 12.50 Pesos.