Latin America

• Tuesday, October 22nd 2013 - 19:58 UTC

  Interpol and Rio 2016 Olympics committee sign agreement to strengthen security

  

  An agreement has been signed by INTERPOL and the Rio 2016 Organizing Committee for the world police body to provide additional support to the Brazilian authorities in ensuring the safety and security of the event.

• Tuesday, October 22nd 2013 - 19:38 UTC

  Lula da Silva praises protests in Brazil as something 'healthy' for democracy

  

  Former president Lula da Silva described the street protests that have shaken Brazil as something 'good and healthy' and said demands reveal that the Brazilian people have discovered that it is possible to aspire for more, although when as a union leader he marched “I didn't destroy public or private property”.

• Tuesday, October 22nd 2013 - 16:34 UTC

  Cartes and Mujica will address Mercosur and port facilities in Friday's meeting in Montevideo

  

  Paraguayan president Horacio Cartes will be visiting Uruguay next 25 October to meet with his peer Jose Mujica and a month later will be flying to the Vatican to visit Pope Francis, November 25, announced Foreign minister Eladio Loizaga.

• Tuesday, October 22nd 2013 - 16:26 UTC

  Punta Arenas expects 23% increase in calls this 2013/14 cruise season

  

  Punta Arenas in the extreme south of Chile is expecting over a hundred international calls this coming 2013/14 cruise season, which could reach over 150 including Puerto Natales and the domestic cruise lines, according to local authorities.

• Tuesday, October 22nd 2013 - 05:31 UTC

  Ozone layer hole reaches Argentine and Chilean Patagonia

  

  The hole in the ozone layer over Antarctica stretched for the third time this year to reach cities in the south of Argentina and Chile according to the Izaña Atmospheric research centre in Tenerife, Canary Islands.

• Monday, October 21st 2013 - 22:14 UTC

  Cruise on world tour calls in Uruguay; season opens officially November

  

  Even when Uruguay's official cruise season is scheduled for November this last Sunday Montevideo received “Costa Neo Romantica” a vessel on a world tour. She was expected to call at the Atlantic seaside resort of Punta del Este, but adverse weather conditions cancelled the visit.

• Monday, October 21st 2013 - 21:41 UTC

  Brazil auctions 35-year production rights to giant offshore Libra oil area

  

  Brazil sold production rights to develop the giant offshore Libra oil area to a consortium led by Brazilian state-run oil company Petroleo Brasileiro SA in an auction with a single bid on Monday. The auction in Rio do Janeiro took place amid strict security measures with hundreds of police forces clashing with protestors.

• Monday, October 21st 2013 - 21:30 UTC

  Argentine Central bank losing reserves at a rate of 47.5 million dollars per day

  

  Argentina's central bank is currently losing international reserves at an average of 47,5 million dollars per day or 8 million per hour, according to the latest figures on the bank's accounts which is increasingly used by the government of President Cristina Fernandez to honor foreign debt and finance the budget.

• Monday, October 21st 2013 - 07:39 UTC

  Brazil's development bank to target infrastructure and less on corporations

  

  Brazil will inject less money next year into the country's development bank BNDES, (National economic and social development bank), its leading source of long-term corporate loans, to focus more on infrastructure financing as concerns mount over public debt.

• Monday, October 21st 2013 - 07:13 UTC

  Uruguay among the countries in Latam with the highest power costs

  

  Uruguay is among the Latin-American and Caribbean countries with the highest power costs according to a paper from the Inter-American Development Bank, IDB, Bloomberg and New Energy Finance. This is extensive both for residential consumers and for manufacturing and large consumers.