Latin America

Friday, November 28th 2014 - 06:46 UTC
New Brazilian minister pledges realistic fiscal targets and balanced economic growth

Brazilian President Dilma Rousseff finally announced on Thursday the appointment of Joaquim Levy, as her next Finance minister who is also known as the 'scissors man', who pledged more realistic fiscal targets and promised more balanced economic growth.
Friday, November 28th 2014 - 06:34 UTC
Mujica enjoys 65% support and 47% of Uruguayans feel good about the economy

Uruguayan president Jose Mujica who next Monday begins the last three months of his five-year mandate enjoys a 65% public opinion support according to the latest poll from Mori released this week. Negative opinion only represents 17% while 18% did not say whether they approved or disapproved of the popular leader’s performance.
Friday, November 28th 2014 - 06:30 UTC
Uruguay praises Mercosur as the “main buyer” of the country's exports

Uruguay’s Foreign Minister Luis Almagro highlighted that Mercosur is the “main buyer” of Uruguayan exports and strongly defended the country's presence in the regional group, a controversial issue since much of the country's political system and most of the business community want a more dynamic, open trade block.
Thursday, November 27th 2014 - 12:19 UTC
Twenty six British universities participated in Education UK Exhibition in Chile

Twenty six British universities participated in Santiago de Chile at the Education UK Exhibition for postgraduate studies organized by the British Council in conjunction with the Embassy in Chile.
Thursday, November 27th 2014 - 06:19 UTC
Mercosur/Pacific Alliance agree on flexible integration but no talk on tariffs

Mercosur and the Pacific Alliance explored this week in Chile the possibilities of a gradual, and flexible, integration but left aside all possibility of a near future agreement on tariffs.
Wednesday, November 26th 2014 - 09:41 UTC
Pacific Alliance and Mercosur represent 90% of Latam and Caribbean GDP

The Pacific Alliance (PA) and the Common Market of the South (Mercosur) combined represent more than 80% of regional foreign trade as well as population, and more than 90% of GDP and direct foreign investment flows, according to a new report by the Economic Commission for Latin America and the Caribbean (ECLAC).
Tuesday, November 25th 2014 - 07:21 UTC
Mujica apologizes to Mexico and gives full support to the fight against drugs

Mexico and Uruguay declared on Monday an end to a brief diplomatic spat over the Uruguayan president's description of Mexico as a “kind of failed state.” Mexico's government protested the remarks by Uruguayan President Jose Mujica over the weekend and said it would summon the country's ambassador for an explanation.
Monday, November 24th 2014 - 07:44 UTC
IMF monitoring impact of Venezuela's economic stress for Caribbean islands

The International Monetary Fund (IMF) says it is monitoring the potential impact any changes to PetroCaribe, Venezuela’s oil alliance with several Caribbean islands will have on regional economies.
Monday, November 24th 2014 - 07:03 UTC
Peru investigating the death of 500 sea lions found on a northern beach

Peru is investigating the deaths of some 500 sea lions found on a beach on its northern coastline. The local governor has accused fishermen of poisoning the mammals, which usually come close to the shore looking for food.
Monday, November 24th 2014 - 06:45 UTC
Mexico/Uruguay incident following Mujica's statement about a 'failed state'

Mexico said on Sunday it was summoning Uruguay's ambassador after Uruguayan President Jose Mujica said that the disappearance of 43 students in southwest Mexico suggests the country is a 'failed state'.