Latin America

Monday, February 10th 2014 - 04:06 UTC
Uruguay and Brazil prepared to a 'two-speed' Mercosur/EU trade negotiation

Uruguay and Brazil could be prepared to go ahead with a 'two speed' trade negotiations between Mercosur and the European Union if the Argentine tariff proposal is not as ambitious as that from the rest of its members, according to Uruguayan diplomatic sources.
Monday, February 10th 2014 - 03:08 UTC
Argentine ultra-Kirchner militants call for government control over foreign trade

Following on President Cristina Fernandez administration strategy of blaming big business and banks as speculators that force price increases and the devaluation of the Peso, this weekend a group which brings together intellectuals who support the Argentine Kirchnerite Victory Front have published a new letter titled “The Nation in Danger”.
Saturday, February 8th 2014 - 09:10 UTC
Capitanich reacts to US Senators statements on Cristina Fernandez government

Argentina's cabinet chief Jorge Capitanich reacted on Friday to US Senators' remarks who on Thursday harshly criticized the economic policies of President Cristina Fernandez administration and forecasted an economic collapse sooner than later.
Saturday, February 8th 2014 - 06:35 UTC
Mercosur interested in trade integration with members of the Pacific Alliance, says Brazil

Mercosur pretends to increase its trade integration with members from the Pacific Alliance, said Brazilian foreign minister Luiz Alberto Figuereido. The top official made the statement this week before the Brazilian Senate foreign affairs committee.
Friday, February 7th 2014 - 07:13 UTC
Two leading US Senators anticipate an economic crisis in Argentina, soon

The current Argentine economic situation reached the US Capitol during the hearings to consider President Obama's nomination for future ambassador in Buenos Aires, and what was said was not encouraging.
Thursday, February 6th 2014 - 05:06 UTC
Venezuela business organizations will challenge in court latest measures by Maduro administration

A leading Venezuelan businessman rejected a new presidential decree limiting the profit margins of companies, vowing to take the fight all the way to the country’s Supreme Court. The President of the Venezuelan Federation of Chambers of Commerce and Industry (Fedecámaras) Jorge Roig, announced he had the backing of his organization and other business leaders.
Thursday, February 6th 2014 - 01:00 UTC
Panama Canal expansion halted; Spanish consortia says a 'final offer' has been made

A dispute over a 1.6 billion dollar cost overrun in the Panama Canal's expansion took a new twist Wednesday after a Spanish company leading the project denied it halted work over the spat.
Wednesday, February 5th 2014 - 08:54 UTC
Pacific Alliance summit will remove tariffs from 92% of goods and services

The four presidents of the Pacific Alliance are scheduled to sign next Monday the trade group's Additional Protocol which will remove tariffs on 92% of goods and services, effective immediately, announced Colombian president Juan Manuel Santos who will be hosting the summit in Cartagena.
Wednesday, February 5th 2014 - 08:31 UTC
Argentina grateful to Grenada for Malvinas claim support, promises cooperation

Grenada foreign minister Nickolas Steele is in Buenos Aires for a two-day visit which included a meeting with his peer Hector Timerman and other top officials from the foreign ministry to discuss cooperation, economic development and trade issues.
Tuesday, February 4th 2014 - 23:09 UTC
Deputy PM Nick Clegg in Colombia calls for new drugs policy in the UK

The UK should abandon its current drugs policy because the war on drugs is not being won, Nick Clegg has said. Speaking on a visit to Colombia, the deputy prime minister said different approaches were needed although he did not back full legalization. He also praised President Juan Manuel Santos commitment to the peace process with FARC and welcomed the human rights' policy.