Latin America

Friday, December 12th 2014 - 21:07 UTC
US/UK trained Brazil military in torture techniques; British were particularly sophisticated

Officials from the United States and the United Kingdom spent years teaching members of the Brazilian military how to develop and improve their torture techniques during the country’s two-decade long dictatorship (1964/1985), it was confirmed this week by the National Truth Commission, CNV, report.
Wednesday, December 10th 2014 - 08:19 UTC
Summit supports Argentina in its struggle with bond holders

The two-day summit of Ibero American leaders meeting in Mexico, besides the traditional declaration, also put out a special statement in support of Argentina and its ongoing struggle with speculative funds.
Wednesday, December 10th 2014 - 07:56 UTC
Weaker Latin American currencies against the US dollar next year

Latin American currencies will lose value against the US dollar in 2015 because of the strong US recovery and lower commodities' prices according to Itau-Unibanco, Brazil's largest private bank which also anticipates a strong fiscal adjustment by President Dilma Rousseff's next administration, in an effort to regain investors' 'confidence'.
Tuesday, December 9th 2014 - 23:03 UTC
Mercosur lacks discipline and has become a 'straitjacket' for trade negotiations

Mercosur must discipline and return to its origin as a customs union since it has become a 'straitjacket' for negotiations with other regional blocks, according to Lia Valls, foreign trade coordinator at the Brazilian Economics Institute belonging to the prestigious thinktank Getulio Vargas foundation.
Monday, December 8th 2014 - 07:12 UTC
Road ahead for Latin America 'increasingly bumpy' says IMF Lagarde

Latin America faces a rocky road ahead despite social and economic achievements in recent years, according to the head of the International Monetary Fund Christine Lagarde. Among the achievements in the last two decades and in most nations, Ms Lagarde mentioned low inflation, fiscal discipline, and financial stability.
Monday, December 8th 2014 - 06:55 UTC
Mujica says Guantanamo inmates in Uruguay can leave whenever they wish

The detainees from Guantanamo Base in Cuba that arrived in Uruguay on Sunday as part of an agreement with the US, “can leave the country whenever they wish”, since they come as 'refugees', announced President Jose Mujica.
Friday, December 5th 2014 - 23:56 UTC
UK ambassador underscores shared values and qualities of Royal and Chilean navies

UK ambassador in Chile Fiona Clouder underlined the values and qualities of the Royal Navy and Chilean Navy during a reception on HMS Dragon, which called at Valparaíso for the week long Exponaval 2014, considered the most important naval, maritime and ports' exhibition in the southern hemisphere.
Friday, December 5th 2014 - 06:19 UTC
Latin America 'unfortunately' has a very low participation in global trade

Latin America 'unfortunately' has a very low participation in world trade which is a major challenge for the region, according to Gonzalo Rodriguez, member of Mercosur technical staff, who was one of several speakers at the preamble of Unasur summit.
Thursday, December 4th 2014 - 06:06 UTC
Ecuador to combat IUU fishing as part of trade agreement with the EU

Ecuador's Deputy Minister of Aquaculture and Fisheries organized a workshop with representatives from various government institutions related to port and maritime fisheries control in the country in order to develop a National Action Plan to prevent, deter and eliminate illegal, unreported and unregulated (IUU) fishing.
Thursday, December 4th 2014 - 04:54 UTC
Pacific Alliance integrated stock markets, MILA, begins operations from Mexico

Mexico's stock exchange on Tuesday carried out its first operation as a member of the Latin American Integrated Market, or MILA, which connects it to bourses in Chile, Colombia and Peru, MILA said in a statement. The four countries are members of the Pacific Alliance an open market, pro business and foreign investment group created in 2012.