Latin America

Monday, October 19th 2015 - 09:53 UTC
Guyana beefs up reserves to protect country from Venezuela and Suriname

Against the background of what he said were continued territorial threats from both Venezuela and Suriname, Guyana President David Granger has announced a Total National Defense Policy.
Thursday, October 15th 2015 - 07:18 UTC
Cruise ship industry concerned about escalating crime in the Caribbean

Reports of escalating crime in the Caribbean have renewed the debate about how it affects the millions of cruise ship passengers and other tourists who visit the region each year.
Wednesday, October 14th 2015 - 21:35 UTC
FIH to Travel Mart Latin America

Falkland Islands Holidays represented by Jenny Luxton and Sue Smith attended the 39th Annual Travel Mart Latin America Tourism Business Development event in Guatemala this year.
Wednesday, October 14th 2015 - 11:40 UTC
US hedge fund threatens to sue Peru on defaulted bonds from 1980s

A US hedge fund has threatened to sue Peru over bonds issued by the country's former military regime. Connecticut-based hedge fund Gramercy purchased the defaulted debt at a discount in 2008 after other bondholders failed to reach a deal.
Wednesday, October 14th 2015 - 11:00 UTC
Global banks warn net outflows from emerging markets close to $800 billion

After a week of discussions at the annual IMF assembly in Peru, bankers and policy makers agreed that stemming the rush of investments from emerging markets was one of the most important challenges facing the global economy. But there was little agreement on how to actually do that.
Tuesday, October 13th 2015 - 07:13 UTC
Pacific Alliance members outstand in Latin American performance, says IMF

Brazil is still by far the largest economy in Latin America despite its recession and the impact of the devaluation of the Real, according to the latest report from the International Monetary Fund (IMF), which said Venezuela dropped to the position of the region’s seventh-largest economy with a GDP that’s now half the size of Colombia’s.
Monday, October 12th 2015 - 06:22 UTC
Scioli leads presidential race in Argentina but still a puff short to avoid runoff

Argentine ruling party's candidate Daniel Scioli maintains a commanding lead in the presidential race but still lacks enough voter support to win outright in the first round, an opinion poll by the Poliarquia consultancy showed on Sunday.
Monday, October 12th 2015 - 06:19 UTC
“Under no condition, I might resign” says Brazil's Lower House speaker

The speaker of Brazil's lower house of Congress ruled out resigning in response to pressure from colleagues over allegations that he took bribes and stashed the money in Swiss bank accounts.
Monday, October 12th 2015 - 06:16 UTC
Petrobras corruption scandal could reach US$ 5.3bn: “we've only seen the tip of the iceberg”

Damage from the gargantuan corruption scandal centered on Brazilian state oil company Petrobras could amount to as much as 20 billion Reais ($5.3 billion), a lead prosecutor revealed last week.
Monday, October 12th 2015 - 06:14 UTC
Levy confident congress will finally approve austerity measures to help Brazil's economy

The president Dilma Rousseff administration is geared to “preparing the country to deal with a new international reality”, Brazilian Finance Minister Joaquim Levy told Reuters in an interview on Saturday.