Latin America

• Thursday, July 31st 2014 - 07:39 UTC

  Mercosur divided on the Gaza Strip statement; Paraguay dissented

  

  Paraguay strongly objected a draft Mercosur declaration on Gaza which wanted to openly support Palestine and unilaterally condemn Israel's bombings and incursions, according to sources at the group's summit which took place Tuesday in Caracas.

• Thursday, July 31st 2014 - 01:15 UTC

  “Argentina will imminently be in default: no agreement was reached”, said Pollack

  

  “Unfortunately no agreement was reached and Argentina will imminently be in default”, admitted Daniel A. Pollack, the Special Master appointed by Judge Thomas P. Griesa to conduct and preside over settlement negotiations between Argentina and its holdout bondholders. Pollack emphasized that with default “the ordinary Argentine citizen will be the real and ultimate victim”.

• Wednesday, July 30th 2014 - 08:01 UTC

  Japan's PM Abe at CARICOM summit pledges development support

  

  Heads of Government of the fourteen Caribbean Community (CARICOM) “were heartened” by their Japanese counterpart’s Shinzo Abe positive response to a number of issues raised during their one-day summit in Guyana.

• Wednesday, July 30th 2014 - 07:33 UTC

  Leading universities from Argentina, Brazil and Mexico sign cooperation agreement

  

  The presidents of the University of Buenos Aires, (UBA), the National Autonomous University of Mexico, (UNAM), and the University of Sao Paulo, (USP), on Tuesday signed a cooperation agreement governing the recognition of titles, student exchanges and cooperation in finding financing sources.

• Tuesday, July 29th 2014 - 05:17 UTC

  Peru announces increase in government spending to prop the economy

  

  Peru's President Ollanta Humala said on Monday that his government is countering slow economic growth by boosting public spending on improved wages and better benefits for public health, education and security workers.

• Monday, July 28th 2014 - 07:04 UTC

  Uruguay, Paraguay and Bolivia private sectors unite to combat Mercosur protectionist policies

  

  The private sectors from Paraguay, Uruguay and Bolivia agreed to form a business lobby, Urupabol, with the purpose of actively combating protectionist policies and other obstacles implemented inside Mercosur, mainly by senior members Argentina and Brazil.

• 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.