The US dollar in Argentina’s parallel or ‘blue’ market continued to soar on Thursday reaching a new record high of 9.16 and 9.20 Pesos buying and selling price which over twenty cents more than on Wednesday.
Canada’s Barrick Gold Corp making a painful adjustment to a sustained slump in bullion prices, reported progress in controlling costs and said it planned further cuts in capital spending.
The next head of the World Trade Organization will be either Mexico's Herminio Blanco or Brazil's Roberto Azevedo, guaranteeing a Latin American nation will hold the top job at the global trade body for the first time, although they made it to the short list in previous occasions-.
Tourism ministers and government representatives from Peru, Colombia, and Ecuador have agreed to collaborate on the implementation of a joint smart visa system. The system will allow visitors to the region to benefit from a facilitated and more secure entry.
Landlocked Bolivia sued neighboring Chile on Wednesday in the Hague before the International Court of Justice as it pressed a longstanding claim to recover land lost in a 19th century war and thus regain access to the sea.<br />
Chile quickly responded that the issue was not negotiable.
Three Latin American presidents called for inclusive growth in the region through comprehensive reforms at the opening of the 2013 World Economic Forum on Latin America which is taking place in Lima, Peru.
Brazilian president Dilma Rousseff will travel to Buenos Aires on Thursday for a two-day meeting with her Argentine counterpart Cristina Fernández and discuss political and trade matters between the two countries after an imports drop in Argentina last year and the cancelling by Brazil of a major investment project.
In a surprise move Venezuelan president Nicolas Maduro talked on Tuesday to Paraguay’s president-elect Horacio Cartes to congratulate him on Sunday’s election and express interest in retaking the “rhythm of bilateral relations”, which were interrupted when the removal of Fernando Lugo.
The Union of South American Nations, UNASUR, congratulated the Paraguayan people for their civic commitment in last Sunday’s presidential election and greeted Horacio Cartes, who was the winner with 46% of ballots.
Venezuelan President Nicolas Maduro named a new acting head of its US diplomatic mission in Washington and sent an offer of dialogue after attacking the United States for interference in a row over his election.