Latin America

Monday, July 16th 2012 - 23:59 UTC
IMF cuts world growth forecast; Latam drops from 3.7% to 3.4%

International Monetary Fund on Monday cut its global growth forecast and warned that the outlook could dim further if policymakers in Europe do not act with enough force and speed to quell their region's debt crisis.
Monday, July 16th 2012 - 19:19 UTC
Brazil loosing influence in South America to Venezuela, claims former president

Former Brazilian president Fernando Enrique Cardoso said that his country is rapidly loosing influence in South America to Venezuela, following on remarks about the suspension of Paraguay from Mercosur.
Monday, July 16th 2012 - 07:26 UTC
Chavez praises defence cooperation with Argentina, making Mercosur a military power block

President Hugo Chavez underlined the significance of the defence cooperation memorandum signed between Venezuela and Argentina which is part of “the necessary strategic integration of the armed forces in the framework of Mercosur and turning the block into a military power”.
Monday, July 16th 2012 - 07:20 UTC
Cuba says cholera outbreak in under control: 3 dead, 158 confirmed cases

The cholera outbreak in eastern Cuba is diminishing and has not spread to other parts of the country, said the government on Sunday.
Monday, July 16th 2012 - 07:11 UTC
Paraguay optimistic about the OAS report and its repercussions

Paraguay is optimistic about an Organization of American States resolution regarding recent events and the current situation in the country, despite strong criticism from other regional organizations such as Mercosur and Unasur.
Monday, July 16th 2012 - 03:43 UTC
Mining projects knock down Peruvian president approval ratings to new lows

Peruvian President Ollanta Humala's approval rating fell to a fresh low in July, a year since he took office as concern grows over his handling of increasingly violent social conflicts, an opinion poll showed.
Monday, July 16th 2012 - 03:29 UTC
Royal Navy largest ship, HMS Ocean begins her Olympic deployment

One hundred and fifty sailors and aircrew recreated the Olympic Rings on the flight deck of the Royal Navy's largest ship to mark the start of her Olympic deployment for the 2012 London Games.
Monday, July 16th 2012 - 03:05 UTC
Mercosur reduced to a group “of bear-hugging and kissing compañeros”

The influential British business and politics magazine The Economist anticipates that following the latest decisions by Mercosur, the South American group has little if any future. The Economist argues that the mounting protectionism and the rule-breaking admission of Venezuela have fatally undermined a once-promising trade block.
Saturday, July 14th 2012 - 07:46 UTC
Venezuela/Argentina sign military cooperation in framework of Unasur Defence Council

Venezuelan Defence minister Henry Rangel Silva and his Argentine peer Arturo Puricelli signed on Friday a cooperation agreement to further advance in the integration of the two armed forces in the framework of the Unasur Defence Council.
Saturday, July 14th 2012 - 07:39 UTC
Bolivia announces the “end of Coca Cola and capitalism” for December 21

December 21, the austral summer solstice, will mark the end of Coca Cola and capitalism and the start of a new cosmic era of community spirit and love, announced Bolivia’s Foreign Minister David Choquehuanca.