Latin America

Wednesday, April 30th 2014 - 09:14 UTC
Latam and Caribbean forecasted to expand 2.7% on average this year

Latin American and Caribbean countries are estimated to grow an average 2.7% in 2014 as the region's main economies have limited dynamism according to ECLAC's Updated Economic Review of Latam and the Caribbean 2013, released on Tuesday.
Wednesday, April 30th 2014 - 08:57 UTC
Poverty in Argentina stands at 27.5% of population, says Catholic University

Poverty and indigence in Argentina in the last quarter of 2013 again increased and reached 27,5% of the population and 17.8% of households, according to the latest report from the Catholic University Social Debt Observatory, UCA.
Tuesday, April 29th 2014 - 06:37 UTC
Brazilian coalition members want 'Lula back' for October's election

At least twenty members of Brazil's Lower House belonging to the ruling coalition have formally asked for the return of former president Lula da Silva as candidate for next October's election given 'the current economic situation of the country', which in practical terms means dumping Dilma Rousseff's re-election pretensions.
Tuesday, April 29th 2014 - 06:31 UTC
Argentina and Brazil plan to prop economies by stimulating the auto industry

Argentine Economy Minister Axel Kicillof and Industry Minister Débora Giorgi fly to Brasilia on Tuesday in a bid to swing the automobile trade balance in Argentina’s favor, with the sector accounting for the majority of a total 3.15 billion dollars trade deficit. From Brazil Finance minister Guido Mantega confirmed bilateral discussions on the auto industry and exports.
Monday, April 28th 2014 - 23:40 UTC
FIFA's Valcke downplays 'favelas' violence: “finally we will be talking about football”

FIFA secretary general Jerome Valcke downplayed recent violence in the favelas of Rio de Janeiro as a threat to the upcoming World Cup. The city was the scene of violent outbursts last week when a dancer was found dead with his friends and family blaming the killing on the police.
Monday, April 28th 2014 - 23:29 UTC
IAATO estimates 36.545 tourists will travel to Antarctica next season 2014/15

New figures released on Monday by the International Association of Antarctica Tour Operators (IAATO), estimate that 36,545 tourists will travel with IAATO members to Antarctica next season, 2014-2015. The information was reported at the first day of the 37th Antarctic Treaty Consultative Meeting (ATCM) in Brasilia, which IAATO attend as Invited Experts.
Monday, April 28th 2014 - 08:48 UTC
Chinese minister underlines the 'strategic' significance of Brazil for Beijing

The relationship between China and Brazil has “extensive significance” due to their position as two primary emerging market countries and economies, visiting Chinese Foreign Minister Wang Yi said here in Brasilia.
Monday, April 28th 2014 - 08:09 UTC
Cristina Fernandez preparing for the day after October 2015 elections

Argentine president Cristina Fernandez faithful participated on Sunday in a major political rally to celebrate the eleventh anniversary of Nestor Kirchner's victory in the 27 April 2003 elections, but also to indicate how the incumbent Victory Front will be acting ahead of, and after the October 2015 presidential election, to ensure the Kirchner political legacy.
Monday, April 28th 2014 - 08:01 UTC
Montevideo expected to host Mercosur two in one summits next August

Montevideo will be hosting the much delayed Mercosur (December) summit sometime next August as part of the 'normalization ' process, according to sources from the Uruguayan foreign ministry following revelations that negotiations with that purpose have been ongoing for several months now.
Monday, April 28th 2014 - 07:29 UTC
Malvinas Islands are Argentine, period, insists Uruguayan government

Uruguay's Deputy Defense minister Jorge Menéndez reaffirmed that the Malvinas Islands are 'Argentine' and insisted that the government's support in defense of Argentine sovereignty over the Islands “is not of an expository character”.