Latin America

Tuesday, November 12th 2013 - 08:14 UTC
Maduro promises more price controls while bargain hunters empty appliance stores

Venezuelans stood in lines outside appliance stores for a fourth day on Monday after President Nicolas Maduro deployed the army to force retailers to slash prices. After taking control of several appliance stores last week, Maduro vowed late Sunday to step up inspections of businesses selling shoes, clothes, automobiles and other goods to make sure they aren’t gouging consumers.
Tuesday, November 12th 2013 - 08:10 UTC
Lagarde praises Argentina's 'positive progress' in reforming economic data quality

Argentina has made “positive progress” in reforming the quality of its economic data, the head of the International Monetary Fund said on Sunday, adding that the IMF's board is set to review the country's moves in a few days.
Tuesday, November 12th 2013 - 00:21 UTC
Cristina Fernandez returns to office next Monday 18, but tests will continue

Argentine president Cristina Fernandez will resume official functions as of next Monday 18 November, after completing a month of convalescence, presidential spokesman Alfredo Scoccimarro announced on Monday. However further tests are programmed to check when the president can again travel by air.
Monday, November 11th 2013 - 18:56 UTC
Majority of Chileans, 83% support nationalizing copper, but it's not an issue of the presidential campaign

In an annual poll released last month, 83% of Chileans voted positively when asked “Are you in favor or against the proposal to nationalize copper?” — registering overwhelming support for a prospective reform that, while radical, remains relatively low on the list of campaign hot topics the November 17 presidential election.
Monday, November 11th 2013 - 15:31 UTC
Argentina pledges full access to secret minutes from the 1976/83 military dictatorship

Argentina's Defense minister Agustín Rossi said that secret minutes dating back to the military dictatorship of 1976-83 will be available for the public to read and study, while admitting that he did not know why the documents had not been discovered previously.
Monday, November 11th 2013 - 12:44 UTC
Despite Forbes/ JP Morgan, Bachelet guarantees continuation of 'Chilean economic miracle'

On the brink of Chile's presidential elections, 17 November, US business magazine Forbes has published an article warning voters that electing Michelle Bachelet of the Socialist Party (PS) would put an end to the Chilean “economic miracle.”
Saturday, November 9th 2013 - 19:14 UTC
On Monday Cristina Fernandez will know when she can resume duties and at what rhythm

Following a new round of medical checkups at the Buenos Aires Fundación Favaloro clinic Friday evening, Argentine President Cristina Fernandez has been discharged from the inpatient phase regarding her neurological and neuro-surgery conditions, presidential spokesman Alfredo Scoccimarro announced Saturday morning.
Saturday, November 9th 2013 - 18:38 UTC
Suriname president's son charged in US with providing support for terrorist groups

The son of Suriname's president has been charged by the United States with attempting to provide material support to a foreign terrorist organization. Dino Bouterse was allegedly paid millions of dollars to provide a base and weapons for Hezbollah fighters.
Saturday, November 9th 2013 - 06:02 UTC
October inflation eases in Brazil but food prices keep steady

Consumer prices in Brazil edged up last month but remained stable at 5.8% over 12 months, the Brazilian Institute of Geography and Statistics (IBGE) reported Thursday. It put October inflation at 0.57%, up from 0.35% the previous month.
Saturday, November 9th 2013 - 03:31 UTC
Group of Argentine bondholders plan 'private debt swap' to holdouts

A group of Argentine bondholders will offer creditors suing for the repayment of defaulted sovereign debt a private deal to get them to abandon their litigation, the state-run Télam news agency said.