Latin America

Tuesday, May 6th 2014 - 07:55 UTC
Mujica says Obama has 'his hands and feet tied' so that 'he can't do a thing'

Less than a week before meeting with Barack Obama in Washington, Uruguayan president Jose Mujica described his peer as a 'progressive leader who has his feet and hands tied” and described the fact he made it to the White House, a complete surprise, 'almost unconceivable'.
Tuesday, May 6th 2014 - 06:19 UTC
Uruguay's inflation index down 0.06% in April; four-month index 4.68%

Uruguay's inflation index was down 0.06% during April with the annual index standing at 9.18% and 4.68% in the first four months of the year, according to the latest release from the country's stats office, INE.
Monday, May 5th 2014 - 21:29 UTC
Malvinas Islands British occupation a 'latent threat' for Uruguay's defense policy

The Uruguayan government considers the British occupation of the Malvinas Islands as a 'latent threat' according to a work-paper with basic points of the country's defense policy and which is to be made public this week, some excerpts of which were advanced by the pro-government daily La Republica.
Monday, May 5th 2014 - 07:24 UTC
Varela wins Panama election, defeats Martinelli's incumbent candidate

Panama’s Electoral Committee declared opposition candidate Juan Carlos Varela as the winner of Sunday's election and the country's next president: he captured 39% of the vote with more than 80% of ballots counted. In Panama there is no run-off and no re-election so president Ricardo Martinelli nominated his successor and completed the ticket with his wife, Marta Linares de Martinelli.
Monday, May 5th 2014 - 07:04 UTC
Uruguay displaces Argentina as the main supplier of milk to Brazil

Uruguay's dairy industry has overtaken Argentina as the main supplier of milk to Brazil, according to Globo Rural, a Brazilian site which specializes in farming news. “Brazil's imports were globally 60% Argentine milk and the rest, 40% from Uruguay, but now Uruguay has moved to over 50%, meaning Argentina is losing ground in Latam largest economy and leading Mercosur partner”, Anibal Schaller manager of the Milk Industry Center, admitted to Globo Rural.
Monday, May 5th 2014 - 06:24 UTC
“Least difficult phase of economic growth is now over”, IMF top official tells Latam

IMF Director for the Western Hemisphere Department Alejandro Werner has once again called on Latin America to embark upon economic reforms, claiming that the “least difficult” phase of economic growth is now over.
Saturday, May 3rd 2014 - 06:30 UTC
Licensed pharmacies in Uruguay will sell marihuana at a dollar a gram

Uruguayan authorities have revealed how marijuana will be produced and sold legally in the country following the approval of the bill last December. Licensed pharmacies will sell the drug for approximately one US dollar a gram with consumers allowed 40g a month.
Friday, May 2nd 2014 - 08:28 UTC
Majority of Uruguayans rate Argentina as 'the less friendly country', says poll

A clear majority of Uruguayans, 61% believe Argentina is the “less friendly” country, according to a March 13/23 public opinion poll, with 1.013 interviews in Montevideo and the main urban locations in the rest of the country.
Thursday, May 1st 2014 - 07:43 UTC
OAS electoral observers arrive in Panama ahead of Sunday's ballot

The OAS Electoral Observation Mission has arrived in Panama, led by former Peruvian Congresswoman and presidential candidate Lourdes Flores Nano, for the final deployment of the 56 international experts and observers ahead of Sunday's general elections.
Thursday, May 1st 2014 - 07:08 UTC
Rousseff bids for re-election and announces benefits for her electoral base

President Dilma Rousseff said on Wednesday she will seek re-election in October, even though some are calling for the return of her popular predecessor president Lula da Silva. Rousseff, who belongs to Lula's Workers Party and was his protegée, said she hoped to have the support of all the parties allied with her government.