Latin America

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.
Thursday, May 1st 2014 - 05:43 UTC
Falklands' new governor mystified by Argentine logic and 'welcomes illumination'

Asked at a press conference on Wednesday why the Argentine Government had appeared to be against his appointment to the Falkland Islands, while also attempting to vilify him as someone who had previously opposed the right to self-determination of the inhabitants of another small island community, the newly-arrived governor, Mr Colin Roberts CVO, said that he was mystified by the logic and “would welcome illumination”.
Wednesday, April 30th 2014 - 09:22 UTC
Argentina and Brazil agree to further integrate and prop their auto industries

Argentina and Brazilian officials agreed to continue meeting regularly to solve as soon as possible bilateral trade problems mainly those referred to the auto industry. On Tuesday Argentine Finance minister Axel Kicillof and Industry minister Deborah Giorgi met their Brazilian counterparts, Guido Mantega and Mauro Borges in Brasilia.
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.