In 2017 Latin America and the Caribbean will have left behind half a decade of prices decline of its export basket plus a weak increase in the exported volume, achieving an overall 10% growth in the value of its shipments abroad, according to new estimates released by ECLAC in Chile.
Support for democracy in Uruguay reached 70% this year, two points higher than in 2016, and leads in Latin America in its overall sustained commitment to democracy, according to the latest release from the Latinbarometer report.
Mexico’s national oil company Pemex has made its biggest onshore oil discovery in 15 years with a find in the eastern state of Veracruz, President Enrique Peña Nieto announced. Pemex made the discovery by drilling its onshore Ixachi well, near the municipality of Cosamaloapan and the overall field is believed to hold some 350 million barrels of proven, probable and possible reserves.
Argentina and Peru are seeking to resolve a dispute stemming from Peru’s decision to apply anti-dumping tariffs on imports of Argentine biodiesel a year ago, Peruvian President Pedro Pablo Kuczynski said on Friday.
Ecuador's ruling Country Alliance party, founded by former president Rafael Correa over a decade ago, has removed President Lenin Moreno as its head, citing repeated failures in leadership, as a schism between the former allies deepens.
Veteran Farc (Colombian Revolutionary Armed Forces) leader Rodrigo Londono — known as ‘Timochenko’ — will run for the presidency of Colombia next year, with the backing of former Farc rebels, the group’s new political party announced. However, he and other ex-commanders will likely face trials for human rights crimes and it is unclear how they would serve in office if sentenced.
Mexican President Enrique Peña Nieto faces a tough choice on whether to pursue a graft probe involving a prominent ally and Brazilian construction firm Odebrecht.
UN High Commissioner for Human Rights Zeid Ra’ad Al Hussein will visit Peru and Uruguay this week to discuss progress and challenges concerning human rights in these countries. He will also launch a joint plan of action by the UN Human Rights Office and the Inter-American Commission on Human Rights (IACHR) to address the protection of human rights defenders in the Americas.
Soccer passionate Uruguay is again with no matches this weekend in the local major leagues and could be for several weeks, because of a conflict between professional players demanding to remove the authorities of their association and a call for fresh elections. A request supported by six hundred signatures, and until complied there will be no games. The measure has been supported by the referees association.
Latin American and Caribbean governments need to crack down on corruption in order to make their economies more durable and the benefits of growth more widespread, the International Monetary Fund said on Friday.