Latin America

Wednesday, November 8th 2017 - 21:02 UTC
Latin America's exports expected to increase 10%, following four years of declining prices

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.
Wednesday, November 8th 2017 - 09:19 UTC
Democracy, Armed forces and Police, the most trusted institutions in Uruguay

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.
Wednesday, November 8th 2017 - 05:06 UTC
Mexico strikes its biggest onshore oil discovery in 15 years; production should begin in 2019

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.
Saturday, November 4th 2017 - 10:45 UTC
Argentina and Peru try to sort out ethanol dispute and sign accord to promote overall trade

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.
Thursday, November 2nd 2017 - 08:07 UTC
Ruling party schism in Ecuador, but president Moreno support climbs to 77%

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.
Thursday, November 2nd 2017 - 07:44 UTC
Ex FARC leader will run for the presidency of Colombia in 2018

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.
Tuesday, October 24th 2017 - 22:50 UTC
Mexican government struck by Odebrecht's bribe money

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.
Monday, October 23rd 2017 - 07:25 UTC
UN Human Rights High Commissioner visits Peru and Uruguay

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.
Sunday, October 22nd 2017 - 01:45 UTC
Uruguay's football caught between a rock and a hard place

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.
Saturday, October 14th 2017 - 20:42 UTC
IMF: Latin America must crack down on corruption and improve governance

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.