Latin America

• Thursday, September 27th 2018 - 08:40 UTC

  With post-Brexit in mind Scottish Secretary begins a UK trade tour to Uruguay and Chile

  

  The Scottish Secretary David Mundell started a four-day trade mission to South America, where he will be meeting politicians and business leaders in Uruguay and Chile. Mr. Mundell will be promoting trade links on the visit undertaken on behalf of the UK Government’s Board of Trade, and will be looking into how UK can support new post-EU trade opportunities in South America, promoting Scotland as a great exporter and the UK being open for business.

• Thursday, September 27th 2018 - 08:35 UTC

  UK’s Trade Envoy in Peru with 15-strong business delegation to launch Joint Task Force

  

  Mark Menzies, the UK Prime Minister’s Trade Envoy to Peru, Chile, and Colombia, is in Lima this week with a delegation of 15 representatives of British government and businesses, including Arup, MACE, Clifford Chance, Crossrail, UK Export Finance, and the City of London. He will seek to identify new areas to boost UK-Peru trade and investment.

• Wednesday, September 26th 2018 - 21:13 UTC

  Fed raises interest rate and announces a third increase this year

  

  The United States Federal Reserve announced on Wednesday, after a two-day policy meeting, that it would raise interest rates for the third time this year. The decision, which had been widely expected, raised the federal funds rate by 25 basis points, to a range of 2% to 2.25%.

• Wednesday, September 26th 2018 - 09:08 UTC

  “Thank you Donald Trump, for surrounding me with dignity” replies Maduro next to US sanctioned officials

  

  Venezuelan president Nicolas Maduro replied to Donald Trump's UN speech saying his comments were an apology for America’s history of colonialism in the region and offered words of support for the sanctioned officials who joined him during an event broadcast over state television.

• Friday, September 21st 2018 - 08:21 UTC

  Peruvian congress renews confidence in cabinet of president Vizcarra

  

  Peru’s opposition-run Congress renewed its confidence in the cabinet of President Martin Vizcarra on Wednesday, averting a political crisis that could have forced new legislative elections.

• Wednesday, September 19th 2018 - 09:03 UTC

  Peruvian president in standoff with congress: fresh elections if reforms are not approved

  

  Peru's president is facing a standoff with lawmakers over his call for a referendum on anti-corruption measures and constitutional reforms.

• Friday, September 14th 2018 - 09:20 UTC

  South Korea interested in becoming associate member of the Pacific Alliance

  

  South Korea and Chile agreed on Wednesday to bolster substantive bilateral partnerships in various sectors on the basis of their free trade agreement (FTA). Korean foreign minister Kang Kyung-wha and his Chilean counterpart Roberto Ampuero held talks on the sidelines of a regional meeting of the World Economic Forum (WEF) in Hanoi, according to Kang's ministry.

• Tuesday, September 11th 2018 - 14:57 UTC

  Hunger increases and affects 39 million people in Latin America

  

  Hunger reached 821 million people in 2017 worldwide, of which about 39 million are Latin American, according to the UN Food and Agriculture Organization (FAO). The figure represents a deterioration of 6.1% in Latin America and the Caribbean compared to previous years and could be due to the economic slowdown in South America, especially marked by the case of Venezuela, the UN agency said on Tuesday.

• Tuesday, September 11th 2018 - 09:29 UTC

  El Niño 2018/19 could be a repeat of 2015/16, cautions WMO

  

  There's a 70% chance of a recurrence of the El Niño weather event before the end of this year, according to the World Meteorological Organization. The last El Niño occurred in 2015-16 and impacted weather patterns around the world, but researchers say they are not expecting this new one to be as intense as 2015-16.

• Monday, September 10th 2018 - 18:15 UTC

  Several dead in military complex amid revelations of coup plans in Venezuela

  

  Eight alleged criminals were killed on Sunday at the most important military complex in Venezuela amid the revelations about plans for a coup supported by the government of the United States.