Latin America

• Monday, November 5th 2012 - 12:53 UTC

  Peruvian ambassador in Argentina resigns after meeting with ‘terrorist group’

  

  Peruvian Ambassador to Buenos Aires, Nicolás Lynch, resigned to his post after he met with members of an organization suspected to be linked with guerrilla group Shining Path, the Peruvian Foreign Ministry informed.

• Sunday, November 4th 2012 - 06:31 UTC

  Peru slashes anchovy quota by 68%; fish meal prices forecasted to soar

  

  Peru slashed its commercial fishing quota as warmer water temperatures and controversial practices deplete stocks of anchovy in one of the world’s richest fisheries. The government cut its quota for this summer’s anchovy season by 68% to 810.000 tons, the smallest allowance in 25 years.

• Saturday, November 3rd 2012 - 03:49 UTC

  Peru reminds Argentina Shinning Path terrorists are an illegal group

  

  Peru slammed reports that Movadef, the nascent political wing of the Shining Path armed group, had met with representatives of human rights groups in Argentina, including the Mothers of Plaza de Mayo Association, with the aim of gaining political credibility.

• Saturday, November 3rd 2012 - 03:44 UTC

  Peru considers rescuing debt to cool inflow of capital and currency appreciation

  

  Peru is considering the anticipated cancelling of public debt to drain ‘dollars’ from the market and impede the sustained appreciation of the local currency, Sol, said Economy minister Luis Castilla. This would be the first step for a new liabilities management approach to extend in time the maturing of Peruvian bonds and other debt papers.

• Thursday, November 1st 2012 - 07:00 UTC

  Mexican president-elect pledges a tax reform bill in his first year in office

  

  Mexico's president-elect, Enrique Peña Nieto, will present a tax reform bill during his first year in office, his top aide said on Tuesday, without providing any details on the plan.

• Wednesday, October 31st 2012 - 20:12 UTC

  Mercosur members, except Paraguay, de-listed from EU import preference scheme

  

  The European Union issued on Wednesday its revised import preference scheme - known as the Generalised Scheme of Preferences (GSP) - for developing countries most in need which will take effect from 1 January 2014, revealing that all Mercosur full members, except for Paraguay, will no longer benefit.

• Wednesday, October 31st 2012 - 18:12 UTC

  Council of Europe promotes personal data protection in Latin America

  

  The Council of Europe is promoting international co-operation in the field of personal data protection, in particular by encouraging non member states to ratify the Convention for the protection of individuals with regard to Automatic Processing of Personal Data, also known as Convention 108. Uruguay has started the process for its ratification and therefore may become the first non-Council of Europe member state to accede to the convention.

• Wednesday, October 31st 2012 - 06:56 UTC

  Bolivia asks Sean Penn to help lobby in the dispute with Chile over a sea outlet

  

  Bolivia asked visiting Oscar-winner Sean Penn Tuesday to help lobby for La Paz to regain a bit of Pacific coast, and escape the ranks of landlocked states. Evo Morales, the populist president of the arid nation high in the Andes, asked the US actor to help its campaign to press Chile to overhaul treaties that ended a 19th-century war that cost Bolivia its coast and gave the land to Chile.

• Wednesday, October 31st 2012 - 04:38 UTC

  Chilean municipal elections are anticipating a return of the left-wing coalition

  

  Chilean voters punished the political system with a whooping 60% abstention, and President Sebastián Piñera’s conservative bloc, in municipal elections Sunday, which could be paving the way for the comeback of the left-wing coalition in next year’s presidential ballot.

• Monday, October 29th 2012 - 14:16 UTC

  Mercosur and EU committed to continue advancing in trade and political talks

  

  The Brazilian Foreign ministry revealed in a brief release that during October discussions between Mercosur and the European Union representatives both sides “confirmed their commitment to advance negotiations to achieve a wide ranging, balanced and ambitious agreement”.