Latin America

Tuesday, May 7th 2013 - 09:28 UTC
IMF again warns Argentina about protectionist and foreign currency exchange policies

The International Monetary Fund Director for the Western Hemisphere, Alejandro Werner, warned on Monday about the “negative effect” that the existence of two foreign currency exchange markets and protectionist policies bring to Argentina.
Tuesday, May 7th 2013 - 08:54 UTC
Cuban doctors to Brazil hinterland in exchange for infrastructure works

Brazil said Monday it was negotiating with Havana the possibility of hiring and bringing in around 6,000 Cuban doctors to work in areas where they are needed in the fifth largest country of the world and with a population of 200 million.
Monday, May 6th 2013 - 05:30 UTC
Ecuador to begin negotiations to join Mercosur, after reaching accord with the EU

Ecuador will notify its intention of beginning negotiation to join Mercosur, while at the same time closing a trade agreement with the European Union. The announcement was made by President Rafael Correa during his regular weekly reports on radio and television.
Monday, May 6th 2013 - 05:18 UTC
Bolivia full incorporation to Mercosur now rests on legislative approval from other members

Bolivia has completed the presentation of its Mercosur incorporation protocol, which opens the way for the parliaments of the different member-countries to begin considering and ratifying her full membership. Once completed Bolivia becomes the sixth full member next to Argentina, Brazil, Paraguay, Uruguay and Venezuela.
Monday, May 6th 2013 - 00:48 UTC
Brazil and Argentina working to find a long-standing agreement on trade, says Marco Aurelio

Brazil and Argentina are trying to address their economic and trade differences so that they can reach a long-standing, long term solution, said Marco Aurelio García, the Brazilian Executive advisor on foreign issues and trouble shooter for this kind of conflicts.
Monday, May 6th 2013 - 00:28 UTC
Maduro visits Uruguay on his first overseas trip since becoming elected president

Venezuelan president Nicolas Maduro begins next Tuesday an official one visit to Uruguay when he will be meeting with head of state Jose Mujica and former president Tabare Vazquez.On Wednesday he plans to fly to Argentina and the following day, Brazil.
Saturday, May 4th 2013 - 10:08 UTC
Brazil furious with Cristina Fernandez non-kept promises freezes relation

Brazil has virtually frozen political and economic relations with Argentina following serious discrepancies that were confirmed during the recent summit of presidents Cristina Fernandez with Dilma Rousseff who cut short the originally scheduled two-day visit to Buenos Aires.
Saturday, May 4th 2013 - 10:03 UTC
Uruguay admits trade and economic relations with Argentina ‘couldn’t be worse’

Vice-president Danilo Astori admitted on Friday that economic-trade relations with Argentina continue to deteriorate and seriously question Mercosur and Uruguay must therefore speed the search for other alternatives.
Friday, May 3rd 2013 - 07:01 UTC
UN Rapporteur insists in criticizing Argentine ‘politicization’ of the Judiciary

United Nations expert on magistrates and solicitors independence again expressed concern on Thursday about the laws contained in the Argentine government-promoted judicial reform which might lead to the “politicization” of the judiciary branch.
Friday, May 3rd 2013 - 06:11 UTC
Obama supports new Mexican drugs security policy to cut down on killings and violence

President Barack Obama gave his blessing to a new security arrangement with Mexican leader Enrique Peña Nieto, in which Mexico will make reducing violence a priority over hunting drug cartel kingpins in the war against organized crime. The two presidents said they also want to step up trade and business ties that have been overshadowed by the battle against drug trafficking.