Latin America

Thursday, October 9th 2014 - 10:36 UTC
YPF goes overseas: signs agreement with Ecuador to recover mature fields

Argentina's state-run energy company YPF closed on Wednesday an agreement with Ecuador's state-owned company Petroamazonas for the enhanced recovery of the mature field of El Campo Yuralpa which will demand an investment in the range of 170 million dollars.
Thursday, October 9th 2014 - 08:04 UTC
Colombia and Panama in retaliatory clash over tax haven controversy

Panama on Wednesday rejected its inclusion on Colombia's list of tax havens and said it will take retaliatory action against its neighbor. Panama has “a competitive and sound tax system, and therefore the national government categorically rejects any tax-haven designation,” the Central American nation's Foreign Ministry said in a statement.
Thursday, October 9th 2014 - 07:59 UTC
OAS Electoral observation mission in Bolivia for Sunday's election

Former Guatemalan president Alvaro Colom has arrived in La Paz as Chief of the Electoral Observation Mission from the Organization of American States (OAS/EOM) to head the group of 63 people who will observe Bolivian general elections of 12 October.
Thursday, October 9th 2014 - 06:08 UTC
Mercosur finally agrees: unified number plates for new cars beginning 2016

The five full members of the Mercosur trade bloc will use unified number plates for their 0km vehicles starting in 2016, Argentine Foreign Minister Hector Timerman announced on Wednesday from San Martín Palace in Buenos Aires city.
Wednesday, October 8th 2014 - 21:46 UTC
OAS Observers mission to Peru recommends unifying electoral legislation

The head of the OAS Electoral Observation Mission in Peru, Uruguayan Senator Sergio Abreu underlined the orderly way in which Peruvians went to vote on Sunday's regional and municipal elections, this despite some regrettable episodes of violence in the pre-election phase, Election Day at some polling stations, and at the conclusion of voting in some departments.
Wednesday, October 8th 2014 - 08:24 UTC
Uruguay presidential race to be decided in runoff in November seems confirmed by latest poll

A run off in November to elect Uruguay's president seems most certain because none of the two leading candidates will manage a majority in the first round on 26 October, according to the latest public opinion poll.
Wednesday, October 8th 2014 - 04:05 UTC
World Bank: end of boom doesn’t have to mean a bust for the poor in Latin America

During the recent commodity boom, Latin America and the Caribbean proved that growth could be pro-poor and help fuel tremendous social progress. Now as growth slows regionally and beyond, it is critical to consider what will shore up economic activity while ensuring the poor won't stay behind.
Monday, October 6th 2014 - 05:56 UTC
Dilma (40%) and Neves (34%) to the runoff; mathematically the opposition can win

Brazil's unpredictable election took another twist Sunday, with populist President Dilma Rousseff forced into a runoff race as expected, but against a center-right challenger who only surged in the final week of the campaign.
Saturday, October 4th 2014 - 10:38 UTC
Investors on edge waiting for the results of Sunday's voting in Brazil

Latin American currencies weakened on Friday after strong U.S. jobs data was seen as increasing the likelihood of higher interest rates in the world's largest economy, while Brazil markets fluttered in the last trading session before Oct. 5 elections.
Saturday, October 4th 2014 - 08:25 UTC
Pacific Alliance and Mercosur will attempt convergence, sponsored by Chile

A first meeting to assess opportunities for accords between the Alliance of the Pacific and Mercosur will take place next November in Santiago de Chile confirmed, confirmed Chilean foreign minister Heraldo Muñoz.