Latin America

• Saturday, July 26th 2014 - 07:05 UTC

  Mercosur to consider forming an 'economic forum' with ALBA and Petrocaribe

  

  Uruguay's president Jose Mujica will be attending the next Mercosur presidential summit scheduled for Tuesday, 29 July in Caracas, when the creation of an economic forum Mercosur/ALBA/PetroCaribe will for consideration as part of the agenda.

• Friday, July 25th 2014 - 06:26 UTC

  Uruguay oil and gas summit schedules for next November

  

  Global Summits Organizer IRN and Grupo BG de Eventos will be launching the inaugural Uruguay Oil & Gas 2014 Summit which will take place on 17th-18th November in the capital of Uruguay, Montevideo. This Summit follows the announcement of the third oil bidding round, the Ronda Uruguay III.

• Friday, July 25th 2014 - 05:58 UTC

  Argentines consider Mujica far “more honest” than Cristina Fernandez

  

  An 'honesty' ranking by Argentine pollster, Giacobbe & Associates, based on 500 names, both alive and deceased, shows the country's public opinion poor belief in the political system, with president Cristina Fernández ranked 38, fourteen positions down from a similar poll last year and behind her Uruguayan peer Jose Mujica ranked 11.

• Thursday, July 24th 2014 - 06:42 UTC

  Xi's Latam visit ends in Cuba where China consolidated trade and financial relations

  

  Chinese President Xi Jinping ended on Wednesday an eight-day trip through Latin America with a visit to eastern Cuba, where both the island's independence struggle against Spain and Fidel Castro's revolution began.

• Thursday, July 24th 2014 - 06:27 UTC

  Revolving cabinet: Humala names sixth prime minister in three years

  

  Peru's President Ollanta Humala has named his sixth prime minister in three years in a surprise cabinet reshuffle that elevated two core members of his ruling party after an embarrassing political scandal.

• Thursday, July 24th 2014 - 06:20 UTC

  World Bank praise for Peru as one of the most solid economies in the region

  

  The World Bank's vice president for Latin America and the Caribbean, Jorge Familiar, on Wednesday highlighted Peru's economic growth over the past 10 years. Peru's average economic growth over the period has registered 6. 5% annually, allowing many Peruvians to escape poverty, said Familiar.

• Thursday, July 24th 2014 - 06:18 UTC

  Humala signs contract for pipeline that will make Peru a leading gas exporter of the region

  

  The consortium made up of Spanish energy company Enagas and Brazilian construction giant Odebrecht signed a contract on Wednesday with Peru's Energy and Mines Ministry for the construction and operation of a natural gas pipeline that will run from the Camisea gas fields to the Pacific port of Ilo.

• Tuesday, July 22nd 2014 - 09:00 UTC

  Mercosur has 'yet to crystallize' but 'I remain positive' says Cardoso

  

  Former Brazilian president Fernando Henrique Cardoso said that Mercosur has 'yet to crystallize as a customs union' and pointed to the common external tariff which is the founding stone but is “full of objections” as the main hurdle. Nevertheless “I remain positive about the strength of Mercosur”.

• Monday, July 21st 2014 - 07:38 UTC

  Ten hectic days await Argentina, and a possible second default in 12 years

  

  Ten hectic days ahead for Argentina since come 30 July and no agreement has been reached at the New York court of Federal Judge Thomas Griesa, (full payment plus accrued interests to holdout speculative funds) the country would be forced to a second default in twelve years with all the political consequences for Cristina Fernandez and Mercosur.

• Monday, July 21st 2014 - 07:25 UTC

  Colombian president inaugurates the “Congress of peace” to end 50 years of war

  

  Colombian President Juan Manuel Santos opened a new session of Congress on Sunday, calling on lawmakers to back government efforts to strike a peace deal with the FARC rebels to end 50 years of war. Members of Congress were sworn in during the ceremony in central Bogota.