Latin America

Saturday, November 30th 2013 - 19:49 UTC
Panama reaffirms support for Argentina's Malvinas claim and promotes 'friendship groups' at congressional level

Panama Foreign minister Fernando Núñez Fábrega underlined his country's traditional and committed support for Argentina's sovereignty claims over the Malvinas and other South Atlantic Islands and their adjoining maritime spaces, an issue that was discussed during this week's visit to Buenos Aires, a special guest of his peer Hector Timerman.
Saturday, November 30th 2013 - 06:46 UTC
Argentina, Brazil and Chile elected to the Int. Maritime Organization council

Argentina, Chile and Brazil have been elected to be members of the International Maritime Organization Council for the 2014/15 biennium by the IMO assembly, which is meeting in London.
Friday, November 29th 2013 - 23:30 UTC
Brazil will have its own national-made secure communications satellite by 2016

Brazil's state-owned telecom provider Telebras signed a 560m dollar contract to deliver a satellite for secure communications on Thursday, following months of outrage over revelations of US cyber spying. A statement said a joint venture between Telebras and Embraer would deliver the geostationary satellite for strategic communications by late 2016.
Friday, November 29th 2013 - 07:44 UTC
Mujica questions Argentine trade policies towards Mercosur that “take us back to the sixties”

Uruguayan president Jose Mujica again questioned Argentine president Cristina Fernandez administration trade policies which he said take us back 'to the sixties, when everybody locked in', and in effect deny Mercosur and harm other members.
Friday, November 29th 2013 - 07:39 UTC
Mercosur must have an only voice and act as a block, advises former leader Sarkozy

“Mercosur must have greater integration, act with an only voice and operate as a block”, advised former French president Nicholas Sarkozy at a business conference in Buenos Aires, where he also underlined that without the European Union, “France or Germany could have disappeared from the world map”
Friday, November 29th 2013 - 07:23 UTC
Desperately dollar-short Venezuela planning gold reserves swap operation

Venezuela is evaluating a swap agreement involving gold reserves as a way to fortify dollar supplies in a country which suffers chronic product shortages and inflation close to 55%. Opposition leader Henrique Capriles said last week that the government was negotiating a swap operation with Goldman Sachs involving 1.45 million ounces of gold worth around 1.86 billion dollars.
Friday, November 29th 2013 - 07:17 UTC
Youth gangs raids in Rio beaches are back challenging police; US consulate alert

A truck with fourteen cameras with a 360 degree angle and a range of eight kilometers plus a fourfold increase in police numbers has been displayed along Rio do Janeiro most iconic beaches following an outbreak of 'arrastraos' or dragnets in which tens of teenagers stampede on to beachgoers to steal whatever they can get hold off.
Thursday, November 28th 2013 - 20:51 UTC
Poor ratings for Chile in health care and pensions' system, according to OECD

Two biannual reports revealed Chile as one of the countries with the worst pension statistics and the highest citizen out-of-pocket expenditure on health among Organization for Economic Cooperation and Development (OECD) nations.
Thursday, November 28th 2013 - 11:28 UTC
North west England trade mission scheduled to visit Chile, Argentina and Brazil

Attracted by Chile’s positive economic climate a trade mission for North West England will be arriving in Santiago on 2nd-3rd December. The delegation from one of the most dynamic areas of the UK economy has representatives from Covering Cheshire, Lancashire, Cumbria and the cities of Manchester and Liverpool.
Thursday, November 28th 2013 - 10:31 UTC
Maduro tells Central bank he expects 5% deflation in November because of the mandatory price cuts

President Nicolás Maduro has sent clear messages to the Venezuelan central bank arguing that following the 'economic war' he declared on big business and hoarding with the mandatory cuts in prices, November should register “5% deflation and not inflation”.