Latin America

• Wednesday, April 17th 2013 - 07:47 UTC

  A year on YPF’s seizure, Argentina’s energy challenge remains equally strong

  

  Argentina’s President Cristina Fernández takeover of YPF to pare energy imports is backfiring and threatening to narrow the country’s trade surplus needed to pay debt, according to a report from Bloomberg.

• Wednesday, April 17th 2013 - 07:43 UTC

  India’s exports to booming Colombia have crossed the billion dollar mark

  

  By R. Viswanathan - Yes. India's exports to Colombia have crossed the billion dollar mark, reaching 1.124 billion dollars in 2012. Colombia is the third biggest destination of India's exports to Latin America after Brazil and Mexico.

• Wednesday, April 17th 2013 - 07:38 UTC

  OAS and UN sign cooperation agreement for demining in Colombia

  

  The Organization of American States singed a cooperation agreement with the United Nations for Humanitarian Mine Action Activities in Colombia, a country were virtually tens of thousands of explosives have been planted during the several decades’ long internal conflict.

• Wednesday, April 17th 2013 - 02:50 UTC

  Capriles calls off protest rally after rioting left seven dead, and threats of more violence

  

  Venezuelan opposition leader Henrique Capriles called off a march by his supporters in Caracas planned for Wednesday, saying that his rivals were plotting to “infiltrate” the rally to trigger violence. Violent clashes at opposition protests over Venezuela's disputed presidential election have killed seven people, officials said as both sides mobilized supporters nationwide for new demonstrations.

• Wednesday, April 17th 2013 - 01:59 UTC

  IMF estimates Argentine economy will expand 2.8% this year and 3.5% in 2014

  

  The IMF estimates the Argentine economy is to grow by 2.8 % this year, exceeding estimations by private-sector analysts but below the 4% average set by the country’s forecasted budget. IMF 2014 projections for Argentina reach 3.5 % with renewed inflation and trade restrictions’ claims.

• Wednesday, April 17th 2013 - 01:54 UTC

  Argentine ambassador presents her letters of credence to President Obama

  

  The Argentine ambassador to the United States, Cecilia Nahón, presented on Tuesday her letters of credence to President Barack Obama, who said he hoped both countries would remain committed to a fruitful joint work with President Cristina Fernández in the G20.

• Tuesday, April 16th 2013 - 04:57 UTC

  Leading Chavista calls for deep self-criticism following Sunday’s tight vote for Maduro

  

  The president of the Venezuelan parliament and vice-president of the ruling Chavista party, Diosdado Cabello underlined the significance of Sunday’s presidential election and Nicolas Maduro’s victory, but also admitted that the results demand a strong ‘self criticism’.

• Tuesday, April 16th 2013 - 02:43 UTC

  Brazil, Unasur full support for Maduro & question Capriles attitude; US and OAS more cautious

  

  Despite opposition protests demanding a ballot recount, congratulations are pouring in for Venezuela’s proclaimed President Nicolas Maduro: Brazil, Argentina, Russia, Bolivia, Ecuador, Cuba, Unasur, although the OAS and the US have adopted a more cautious attitude.

• Tuesday, April 16th 2013 - 02:39 UTC

  Maduro proclaimed elected president; Capriles continues to protest for a recount of ballots

  

  Venezuela's election authority on Monday formally proclaimed Nicolas Maduro the winner of Sunday's presidential vote, despite insistence by the opposition that the ceremony be suspended until a complete recount of votes was carried out given the very tight result.

• Monday, April 15th 2013 - 11:36 UTC

  Growing frustration and recriminations in Uruguayan cabinet over economic policy

  

  Relations inside the Uruguayan cabinet remain tense with some ministers in non-talking terms even when President Jose Mujica cancelled the Monday full ministerial turnout for three specific areas, security, social affairs and production meetings, which function every two weeks.