Latin America

Sunday, October 13th 2013 - 11:51 UTC
Chilean presidential election is between “Michelle Bachelet and I” says Evelyn Matthei

Chilean presidential candidate for the ruling party Evelyn Matthei was the target of her competitors’ criticism during a televised debate in which she brushed aside hopefuls’ aspirations arguing that it was obvious that the race was between her and Michelle Bachelet, who did not participate.
Saturday, October 12th 2013 - 22:24 UTC
Falklands: G24 Caribbean member PM visits Argentina, special guest of Cristina Fernandez

Argentine Vice-president and acting President Amado Boudou, Foreign Minister Hector Timerman, other cabinet ministers and lawmakers met this week with Saint Vincent and Grenadines Prime Minister Ralph Everard Gonsalves, on an official invitation to visit the country to thank the Caribbean leader for his support in the Malvinas cause.
Saturday, October 12th 2013 - 22:11 UTC
Argentina and Brazil blast IMF for its excess of pessimism regarding emerging economies

Argentina and Brazil strongly questioned the IMF generalized “excess of pessimism” because of a slowing down in emerging economies but also underlined that these countries have the sufficient ‘training’ and recent experience to confront the new challenges.
Saturday, October 12th 2013 - 21:55 UTC
Argentina denies having set any ultimatum regarding the pulp mill controversy with Uruguay

The Argentine Foreign ministry denied on Friday it had given a two-day ultimatum to Uruguay to suspend the decision allowing the controversial Botnia/UPM pulp mill a production expansion and also demanded an immediate return to bilateral negotiations.
Friday, October 11th 2013 - 13:28 UTC
Venezuela inflation soars to 49%; Maduro promises more dollars to help with imports

Venezuela's annual inflation rate rose to 49.4% in September, from 45.4% in August. Consumer prices increased 4.4% month-on-month, the central bank said, compared with 3.0% in August. It was the highest annual rate since the Venezuelan government changed the formula used to calculate the figure five years ago.
Friday, October 11th 2013 - 13:15 UTC
Foreign direct investment in Latam remains strong and increases 6% in first half of 2013

Foreign direct investment (FDI) to Latin America displayed moderate growth in the first half of this year, compared with the 2012 similar period, according to the Economic Commission for Latin America and the Caribbean (ECLAC). The 13 countries of the region that provided data received 102.951 billion dollars, which was 6% higher than the first six months of the previous year.
Friday, October 11th 2013 - 12:51 UTC
Over six million ticket requests for 2014 World Cup, with 70% from Brazil

A total of 6,164,682 requests for tickets for the 2014 FIFA World Cup had been received when the initial application period ended on Thursday 10 October 2013, of which 70.86% were from Brazil, with the remaining 29.14% from the rest of the world.
Friday, October 11th 2013 - 12:33 UTC
Aerosmith rockers declared fans of Uruguayan president Jose Mujica

American rockers Aerosmith have declared themselves fans of Uruguayan leader Jose Mujica, a colourful former guerrilla known for his simple lifestyle. But the 78-year-old Mujica can't say the same of Aerosmith, admitting after meeting with band members that he hadn't heard any of their songs.
Friday, October 11th 2013 - 10:18 UTC
Uruguay: Pulp mill controversy: “Only God sets an ultimatum” Mujica tells Timerman

“Only God sets an ultimatum” said Uruguay’s President José Mujica in a laconic reply to Argentine Foreign Minister Hector Timerman demand (and countdown) to return to negotiations regarding the UPM pulp plant and Montevideo’s decision to allow an increase in production.
Friday, October 11th 2013 - 07:52 UTC
Argentina prepared to comply with World Bank arbitration and pay corporations with bonds

Argentina will offer 500 million dollars in sovereign bonds to resolve disputes with corporations at a World Bank arbitration panel, a financial daily newspaper reported on Thursday.