Latin America

Saturday, June 11th 2016 - 06:13 UTC
Keiko Fujimori concedes defeat and pledges “a responsible opposition”

Keiko Fujimori conceded defeat in Peru's presidential election on Friday, bringing an end to the closest presidential runoff vote in the country's history after losing to Pedro Pablo Kuczynski by less than 50,000 ballots.
Friday, June 10th 2016 - 09:54 UTC
Brazil and Paraguay 'deeply' concerned with the economic and human rights condition in Venezuela

Brazil and Paraguay foreign ministers Jose Serra and Eladio Loizaga expressed “deep concern” with the Venezuela crisis situation, particularly the “economic and human rights continued deterioration”, and reiterated their two countries willingness to cooperate and promote dialogue.
Friday, June 10th 2016 - 08:08 UTC
World Bank slashes global growth forecast to 2.4%, down from 2.9%

The World Bank has slashed its 2016 global growth forecast to 2.4% from the 2.9% estimated in January, due to stubbornly low commodity prices, sluggish demand in advanced economies, weak trade and diminishing capital flows.
Friday, June 10th 2016 - 07:11 UTC
Kuczynski becomes Peru's next president, with minimum support in Congress

Former World Bank economist Pedro Pablo Kuczynski won the majority of votes in Peru’s closest presidential contest in five decades, election officials announced Thursday, even as his rival Keiko Fujimori had yet to concede defeat.
Thursday, June 9th 2016 - 09:41 UTC
Peruvian election too close to call, and 1% of votes have been challenged

Peruvians waited Wednesday to learn who their next president will be, as ex-Wall Street banker Pedro Pablo Kuczynski's camp called his lead insurmountable and controversial rival Keiko Fujimori insisted she still had a shot. Three days after Sunday's runoff election, the race to lead one of Latin America's fastest-growing economies was still too close to officially call, even though 99.5% of the ballots had been counted.
Tuesday, June 7th 2016 - 08:11 UTC
Almagro accuses Macri of reversing campaign promises in the Venezuelan situation

After directing criticism at Venezuelan President Nicolas Maduro and urging that Caracas be considered for suspension from the Organization of American States (OAS), Luis Almagro has accused Argentine President Mauricio Macri of impeding those efforts and of reversing his campaign promises of taking a hard line against Maduro.
Monday, June 6th 2016 - 11:07 UTC
Uruguay will hand the Mercosur rotating chair to Venezuela in July and defies OAS chief proposal

Uruguay will hand over the chair of Mercosur to Venezuela at the end of July, as indicated by the organization's calendar, and does not support the implementation of the Democratic clause against the government of president Nicolas Maduro, as sponsored by OAS secretary general, Luis Almagro a former Uruguayan foreign minister.
Monday, June 6th 2016 - 07:54 UTC
Kuczynski has a slight lead over Keiko in the Peruvian presidential runoff

Economist Pedro Pablo Kuczynski had a slight lead over Keiko Fujimori, the daughter of an imprisoned former president, as early results came in from Peru's presidential election on Sunday. The 77-year-old Kuczynski had 50.59% support while Fujimori had 49.41% with about 52% of votes counted.
Friday, June 3rd 2016 - 09:30 UTC
Peru's next president: no economic surprises with a strong dash of populism

Less than a decade after Peru imprisoned former President Alberto Fujimori, voters will decide on Sunday whether to put his 41-year-old daughter back in the presidential palace where she once served as his first lady.
Thursday, June 2nd 2016 - 09:20 UTC
Argentina describes Falklands' governor speech on links as 'positive', but they must be bilateral through UK

Argentina believes there is an opportunity to improve the relation with the Falkland Islanders, and 'we are exploring available options', but those links must be channeled through bilateral relations with the United Kingdom, since the Islands dispute is with the UK.