Latin America

Wednesday, August 6th 2014 - 21:21 UTC
Latam food prices at slow growth rate for third month running, says FAO

FAO’s Monthly Food Price Report notes that food prices in Latin America and the Caribbean reduced their growth rate for the third consecutive month. Regional food inflation increased only 0.5% in June, down from 1% in May and 1.2% in April, which is particularly relevant for the poorest, who spend a larger proportion of their income on food.
Wednesday, August 6th 2014 - 08:47 UTC
Caribbean Chikungunya cases over half a million, says PA health organization

The Pan American Health Organization (PAHO) says the number of new cases of the Chikungunya in the Caribbean increased by nearly 38,000 last week with the Dominican Republic having the most cases.
Wednesday, August 6th 2014 - 00:12 UTC
Paraguay sells 1 billion dollars in 30-year sovereign bonds

Paraguay sold 1bn (one billion) dollars in 30-year bonds on Monday in New York, its second international debt issue in less than two years. President Horacio Cartes said in a statement that the issue's 6.1% yield is unprecedented for the country, and that the proceeds will be used for highway, building and energy infrastructure, as well as agricultural production.
Tuesday, August 5th 2014 - 06:42 UTC
Food loss and waste in Latam could feed the region's 47 million hungry

In Latin America and the Caribbean more food is lost and wasted than is needed to meet the nutritional needs of the 47 million people who still suffer from hunger in the region, according to FAO. The report Losses and waste of food in Latin America and the Caribbean of the FAO Regional Office says that 6% of global food losses occur in the region.
Thursday, July 31st 2014 - 07:39 UTC
Mercosur divided on the Gaza Strip statement; Paraguay dissented

Paraguay strongly objected a draft Mercosur declaration on Gaza which wanted to openly support Palestine and unilaterally condemn Israel's bombings and incursions, according to sources at the group's summit which took place Tuesday in Caracas.
Thursday, July 31st 2014 - 01:15 UTC
“Argentina will imminently be in default: no agreement was reached”, said Pollack

“Unfortunately no agreement was reached and Argentina will imminently be in default”, admitted Daniel A. Pollack, the Special Master appointed by Judge Thomas P. Griesa to conduct and preside over settlement negotiations between Argentina and its holdout bondholders. Pollack emphasized that with default “the ordinary Argentine citizen will be the real and ultimate victim”.
Wednesday, July 30th 2014 - 08:01 UTC
Japan's PM Abe at CARICOM summit pledges development support

Heads of Government of the fourteen Caribbean Community (CARICOM) “were heartened” by their Japanese counterpart’s Shinzo Abe positive response to a number of issues raised during their one-day summit in Guyana.
Wednesday, July 30th 2014 - 07:33 UTC
Leading universities from Argentina, Brazil and Mexico sign cooperation agreement

The presidents of the University of Buenos Aires, (UBA), the National Autonomous University of Mexico, (UNAM), and the University of Sao Paulo, (USP), on Tuesday signed a cooperation agreement governing the recognition of titles, student exchanges and cooperation in finding financing sources.
Tuesday, July 29th 2014 - 05:17 UTC
Peru announces increase in government spending to prop the economy

Peru's President Ollanta Humala said on Monday that his government is countering slow economic growth by boosting public spending on improved wages and better benefits for public health, education and security workers.
Monday, July 28th 2014 - 07:04 UTC
Uruguay, Paraguay and Bolivia private sectors unite to combat Mercosur protectionist policies

The private sectors from Paraguay, Uruguay and Bolivia agreed to form a business lobby, Urupabol, with the purpose of actively combating protectionist policies and other obstacles implemented inside Mercosur, mainly by senior members Argentina and Brazil.