Latin America

Thursday, November 17th 2022 - 10:00 UTC
Considerable container freight rate decline from Asia to Eastern South America

The latest S&P Global Monday release on Platts Americas Container Freight shows that non-Asian export cargo bound for the East Coast of South America saw the greatest freight rate decline, dropping 51.9%, or US$ 2,700, throughout the week, to settle at US$ 2,500/FEU.
Wednesday, November 16th 2022 - 10:35 UTC
Paraguay not bowing to global pressure against cattle farming

Paraguay's delegation attending the COP27 climate summit at the Egyptian Red Sea resort of Sharm El-Sheikh Tuesday announced that the South American country would not endorse any collective statement curbing livestock farming.
Wednesday, November 16th 2022 - 10:11 UTC
LATAM pilots' strike avoided at last minute; airline activity rapidly picking up

Minutes before deadline officials from the Chilean/Brazilian carrier Latam and the Pilots Union reached over the weekend an agreement which deactivated what seemed an unavoidable strike. The reason for the strike dates back to 2020, when Latam fired 240 pilots and cut the remaining professionals salaries by 30%.
Wednesday, November 16th 2022 - 09:42 UTC
Kenji Fujimori gets suspended jail sentence

A court of law in Lima Tuesday handed down a 4.5-year jail sentence against former Congressman Kenji Fujimori and two other defendants in an influence-peddling case.
Monday, November 14th 2022 - 22:09 UTC
Bachelet, Duhalde, Mujica and other Latin American leaders ask Maduro to restore Unasur

A group of former South American presidents, foreign ministers, high-ranking officials, lawmakers, and intellectuals Monday sent a letter to Venezuela's Nicolás Maduro inviting him to join their initiative to relaunch the Union of South American Nations (Unasur for its Spanish name).
Saturday, November 12th 2022 - 13:19 UTC
South American Corporation to bid for 2030 World Cup created

The governments of Argentina, Uruguay, Chile, and Paraguay Friday launched the Corporación Juntos 2030, a body to jointly bid for the hosting of the 2030 football World Cup.
Saturday, November 12th 2022 - 13:08 UTC
Diabetes keeps spreading throughout the Americas, PAHO warns

The number of people with diabetes in the Americas has tripled in three decades, the Pan American Health Organization (PAHO) announced Friday in a report released in Washington, DC.
Saturday, November 12th 2022 - 10:49 UTC
Venezuelan crisis discussed in Paris

The Presidents of France, Colombia, and Argentina Friday discussed in Paris possible ways out of Venezuela's crisis which has sparked a large-scale migration of citizens of that oil-rich South American country.
Saturday, November 12th 2022 - 10:09 UTC
It is up to the US to bring peace to Colombia, says Petro

Colombian President Gustavo Petro Friday told the fifth Paris Peace Forum that changes regarding the world's anti-drug policies were needed to bring peace to his country, where violence was much more serious than that in Ukraine.
Friday, November 11th 2022 - 10:55 UTC
Chilean President likens Mapuches to Nazis

Chile's President Gabriel Boric Font said during his first visit as head of state to La Araucanía that the Mapuche groups carrying out terrorist attacks in the area were “cowards,” and likened their actions to those of the Nazis in the 1930s.