The third annual Anglo-Colombian Strategic Defense Conference was held this week onboard HMS Richmond in Cartagena. The Portsmouth based type 23 returning from her Atlantic deployment also supported Defense and Security Industry Day while alongside in the Colombian port.
By Heraldo Muñoz (*) - President Obama recently declared that inequality is “the defining challenge of our age.” When inequality is becoming a growing debate in the United States, what lessons can be drawn from Latin America, which — although still highly unequal — is the only region that managed to reduce income inequality in the last decade?
The United Nations’ highest court set a maritime boundary between Chile and Peru on Monday that grants Peruvians a bigger piece of the Pacific Ocean while keeping rich coastal fishing grounds in the hands of Chilean industry. Despite high emotions over the dispute, the ruling is expected to have little effect on cordial ties between the two neighbors whose economic interdependence has grown greatly in recent years.
Chile’s President-elect Michelle Bachelet ended weeks of speculation about the composition of her Cabinet as she prepares to re-take the presidency on March 11 following her overwhelming win with her New Majority coalition in December 2013. Three ministries will be crucial if Bachelet is to keep her education reform program: Education, Finance and Interior.
In what promises to be a week of surprises as the Argentine government unfolds measures to contain the price of the US dollar, this Monday the peso held relatively stable after last week's sharp devaluation. While the official rate remained unchanged at 8.01 Pesos for a greenback, in the parallel market it climbed to 12.15 Pesos.
Brazil's current account ended 2013 at its widest deficit in 12 years amid a weakened foreign trade balance, heavy outgoing service payments, overseas profit remittances and an overall lack of confidence in the country's economic policies.
Argentine President Cristina Fernández used her personal Twitter account to blast figures in the banking and financial industries, which according to the head of state used speculative practices to send Argentina into default in 2001.
Unemployment among teens and young adults represents a huge global problem, says Muhtar Kent, CEO of Coca-Cola. In the United States, teenage unemployment totaled 20.2 percent in December and if the situation isn't addressed, the results could be devastating, the social peace and fabric of the world is in danger.
By Tim Cole - This week the CELAC Summit will be held in Havana and the Cuban government will be in charge of finalizing the language in the Summit declarations. Inevitably there will be one on the Falkland Islands and I suspect it will ignore the referendum held on the Islands last year when 99.8% voted in favor of the Islands remaining an Overseas Territory of the United Kingdom.
Belize and Guatemala agreed at the headquarters of the Organization of American States on a Road Map and Plan of Action, which has as its main objective the strengthening of the bilateral relationship between the two countries during 2014 in order to make concrete the holding of popular consultations to enable the consideration of the territorial dispute before the International Court of Justice (ICJ).