Latin America

Tuesday, July 16th 2013 - 03:50 UTC
Chilean court suspends major 8.5bn dollars gold development project in the Andes

A Chilean appeals court on Monday formally suspended Barrick Gold Corp’s controversial 8.5 dollars billion Pascua-Lama gold mine until the company meets environmental standards and builds infrastructure that will prevent water pollution.
Monday, July 15th 2013 - 22:42 UTC
Brazilian official regrets Paraguay did not follow the path of Venezuela, Ecuador and Bolivia

Brazilian international affairs advisor Marco Aurelio Garcia admits the incorporation of Venezuela to Mercosur was done without Paraguay’s approval and argues the downfall of Fernando Lugo was because of his political incapacity to follow on the steps of other countries with strong popular support such as Venezuela, Bolivia and Ecuador
Monday, July 15th 2013 - 16:22 UTC
Uruguay files in SEC plans to sell up to 5 billion dollars in securities

Uruguay filed a shelf registration with the US Securities and Exchange committee to sell up to 5 billion in US denominated securities. Economy minister Fernando Lorenzo said the filing will allow the government to issue debt when it is convenient for the country and market conditions are favourable.
Saturday, July 13th 2013 - 15:49 UTC
Chilean charismatic former student leader runs for Congress with the Communist party

The charismatic leader of Chilean students’ massive protests for free and accessible education, Camila Vallejo launched this week her bid for Congress at the coming general elections next November with the Communist party.
Saturday, July 13th 2013 - 13:34 UTC
Mercosur blasts EU countries over Morales incident and condemn US electronic surveillance

Mercosur leaders agreed on Friday to call home for consultation their ambassadors to Spain, France, Italy and Portugal to protest last week's forced diversion of the Bolivian president's aircraft. They also strongly defended their right to offer asylum Friday, venting anger at claims of US spying in the region while intelligence leaker Edward Snowden's fate hangs in the balance.
Saturday, July 13th 2013 - 02:24 UTC
“Mercosur has closed its doors to Paraguay”, reacts Asuncion to the Venezuelan presidency of the group

“Mercosur has closed its doors to Paraguay and it’s not good for Latinamerican integration”, was the first reaction from Asuncion after the group announced the presidency for Venezuela and lifting the suspension of Paraguay next 15 August.
Friday, July 12th 2013 - 20:17 UTC
Belonging to Mercosur and the Pacific Alliance is ‘not incompatible’ says Uruguay

Uruguay Vice-president Danilo Astori said that belonging to Mercosur and the Alliance of the Pacific is ‘not incompatible’ and called on the ‘powerful members’ of Mercosur to support an agreement with the Pacific Alliance of which Uruguay and Paraguay are already observers.
Friday, July 12th 2013 - 19:29 UTC
Chilean national strike in demand for improved labor conditions and free education

Protesters disrupted traffic in the Chilean capital and blocked access to mining operations Thursday as part of a national strike called by the country's main labor federation.
Friday, July 12th 2013 - 08:33 UTC
Mercosur social summit criticizes the Pacific Alliance and blasts free trade

The Mercosur social summit questioned any possible approach to the Alliance of the Pacific since it is an organization entirely dedicated to trade which would distract the Southern Cone countries from their social objectives.
Friday, July 12th 2013 - 07:50 UTC
With Guyana and Suriname all South American countries are Mercosur associates

Suriname and Guyana signed on Thursday the protocols to become associate members of Mercosur which is currently holding its mid year summit in Montevideo. This means all South American countries are now part of Mercosur.