Latin America

• Friday, September 12th 2014 - 06:19 UTC

  OAS recalls tragic events of 09/11 in Chile and United States

  

  The Secretary General of the Organization of American States (OAS), José Miguel Insulza recalled on Thursday the tragic events that occurred on September 11, in Chile and the United States, in 1973 and 2001, and called on the international community “to observe tolerance and to respect diversity at a time when the world is shaken once more by violence.”

• Thursday, September 11th 2014 - 04:30 UTC

  Despite all the negative economic data, Argentina's stock market has almost doubled this year

  

  Despite all the negative news on government restrictions imposed on the Argentine economy and the shortage of hard currency, the country's Merval Index has skyrocketed almost 100% this year, the highest of any stock market in the world. It includes many of the largest companies in the country such as Telecom Argentina and Energy Petrobras, along with banks and a steel maker.

• Wednesday, September 10th 2014 - 07:35 UTC

  Caribbean nations beaches disappearing because o rising sea level and recurring storms

  

  The World Bank says due to rising sea levels and recurring storms, the beaches in most Caribbean nations have started to disappear. In a new report, the Washington-based financial institution said, in some areas of St. Vincent and the Grenadines, for instance, an estimated 18-30 meters of beach have been lost over the last nine years.

• Wednesday, September 10th 2014 - 07:22 UTC

  Cuba restricts personal importation of foreign goods, “to curb abuses”

  

  Cuba has implemented new rules that will restrict the personal importation of foreign goods into the country except where locally made items are expensive and scarce.

• Tuesday, September 9th 2014 - 04:57 UTC

  Opposition parties five points ahead of Uruguay's ruling coalition for October election

  

  With less than fifty days to national elections when Uruguayans will vote for president and a new parliament (26 October), public opinion polls indicate that the ruling coalition until a few months ago the undisputed winner, faces a runoff and whoever wins will have to rule with a divided legislative.

• Monday, September 8th 2014 - 07:25 UTC

  Belize supports Uruguay's Almagro for OAS Secretary General next year

  

  Belize says it will support Uruguay for the position of secretary general of the Organization of American States (OAS) and downplayed any suggestion that its non-support for the Guatemalan candidate was linked to the ongoing territorial dispute between the two countries.

• Saturday, September 6th 2014 - 06:23 UTC

  Latin America has the worst homicide and abuse stats in children and teenagers

  

  Latin America and the Caribbean have the largest share of homicides among children and adolescents in the world, revealed a UNICEF report released yesterday. According to the study, in 2012 alone, “more than 25,000 homicide victims in the region were below the age of 20 — representing about one quarter of all homicide victims worldwide.”

• Saturday, September 6th 2014 - 03:04 UTC

  Marina Silva's lead turns Dilma more aggressive in her re-election bid

  

  Brazilian President Dilma Rousseff has adopted a more combative re-election campaign strategy after opinion polls showed her trailing popular environmentalist candidate Marina Silva. Two election surveys this week showed Rousseff was the frontrunner in the first round ballot scheduled for October 5, but would lose to Silva, a former environment minister, in a likely runoff.

• Friday, September 5th 2014 - 07:47 UTC

  Argentine Senate approves bill changing debt payment jurisdiction; next step Lower House

  

  Argentina's Senate on Thursday passed a bill aimed at circumventing U.S. court decisions regarding its defaulted debt by changing payment jurisdiction, sending the proposal to the lower house Chamber of Deputies for final approval. The chamber, like the Senate, is controlled by government allies who are expected to vote the bill into law.

• Friday, September 5th 2014 - 07:33 UTC

  NML Capital subpoenaed 18 banks in search of embezzled Argentine funds

  

  NML Capital Ltd, a creditor suing Argentina in the U.S. courts for full payment on defaulted debt, subpoenaed 18 banks last week in an effort to track down 65 million dollars in what it says is embezzled Argentine money laundered through the United States.