Latin America

• Wednesday, July 18th 2012 - 09:30 UTC

  Mercosur tribunal will rule on Paraguay’s appeal questioning suspension

  

  Mercosur Review Standing Tribunal admitted the demand presented by the government of President Federico Franco against the suspension of Paraguay and thus object the incorporation of Venenzuela as full member of the regional block

• Wednesday, July 18th 2012 - 09:07 UTC

  Chavez announces fund in support of Venezuelan business to export to Mercosur

  

  Venezuelan president Hugo Chavez announced the creation of a strategic fund geared to support public and private exports to Mercosur, following his confirmation that he will fly to Brazil for the formal incorporation of his country as a full member of the block that also includes Argentina, Brazil, Uruguay and suspended Paraguay.

• Wednesday, July 18th 2012 - 09:03 UTC

  Argentina will attend Ibero-American summit next November in Spain

  

  Argentina will be attending the Ibero-American Summit to be held November 16/17 in the Spanish city of Cadiz confirmed the International Cooperation Secretary of State for Ibero-America, Jesús Gracia Aldaz.

• Wednesday, July 18th 2012 - 08:03 UTC

  Wave of anti-mining protest about to knock out another Peruvian cabinet

  

  Peruvian President Ollanta Humala has begun sounding out replacements for his prime minister as part of a widely expected Cabinet shuffle designed to calm a wave of violent anti-mining protests in one of the world's leading exporters of minerals.

• Wednesday, July 18th 2012 - 07:59 UTC

  Mexico banking regulator says it repeatedly warned HSBC on money laundering

  

  Mexico's banking regulator on Tuesday defended its role in a money laundering scandal engulfing HSBC Holdings Plc, saying it had repeatedly told the bank to improve lax controls over suspect funds passing through its accounts.

• Wednesday, July 18th 2012 - 07:41 UTC

  Spain, Argentina and Brazil the strongest football tournaments in the world

  

  Argentina's First Division is second strongest tournament in the world after Spain, according to the International Federation of Football History & Statistics (IFFHS) July release.

• Wednesday, July 18th 2012 - 07:34 UTC

  Indian company scraps largest iron-steel development plan in Bolivia history

  

  India's Jindal Steel and Power scrapped plans Tuesday to invest 2.1 billion dollars in a Bolivian mining project and blamed the country’s “non-friendly business attitude” for the deal's collapse.

• Tuesday, July 17th 2012 - 19:49 UTC

  Chilean village heartfelt thanks for Falklands support

  

  The Chilean village of Lolol in the Colchagua region has sent its heartfelt thanks, in the form of a plaque, to the people of the Falklands and the Chilean Community in the Islands for their very generous support following the devastation of buildings in the area as a result of the earthquake in 2010.

• Tuesday, July 17th 2012 - 19:07 UTC

  Mexican group sells 15 Caesar Park hotels in South America to French operator

  

  Mexican hotel operator Grupo Posadas said Monday it reached an agreement to sell its properties and management contracts in South America to French hospitality company Accor for 275 million dollars.

• Tuesday, July 17th 2012 - 18:27 UTC

  MEP's surprised at Mercosur and Unasur drastic decisions on Paraguay

  

  The European lawmakers’ delegation said it was surprised with the drastic and quick determinations, with no right to defence or appeal, decided against Paraguay by Mercosur and Unasur, said Paraguayan Foreign Minister Jose Felix Fernandez Estigarribia, following a meeting in Asuncion with the visiting MEPs.