Latin America

Thursday, August 1st 2013 - 02:59 UTC
Brazil criticizes IMF for latest aid to Greece: worst fears could be confirmed

A group of Latin American countries refused to back an IMF move this week to keep bankrolling Greece, citing risks of non-repayment, and the Fund itself said Athens might need faster debt relief from Europe.
Wednesday, July 31st 2013 - 06:31 UTC
Paraguay downplays Mujica’s warning calling for a ‘pragmatic’ return to Mercosur

Paraguay’s incoming government foreign policy advisor Eladio Loizaga downplayed Mercosur veiled warning calling for a quick return of the country to the block because ‘Paraguay is landlocked and needs the Parana River and the River Plate to reach the sea’.
Wednesday, July 31st 2013 - 06:14 UTC
UN calls on Chile to stop using anti-terrorism law against indigenous Mapuches

A United Nations investigator on Tuesday urged Chile’s government to stop using an anti-terrorism law against Mapuche Indians who are fighting to recover their ancestral land.
Wednesday, July 31st 2013 - 06:09 UTC
Ecuador’s Correa pondering whether to join Mercosur or the Pacific Alliance

President Rafael Correa said that the determining factor for Ecuador to join as full member of Mercosur or the Alliance of the Pacific is the ‘flexibility’ granted in certain admission conditions, taking into account the fact that Ecuador does not have a national currency.
Wednesday, July 31st 2013 - 06:00 UTC
Brazil’s next soybean crop expected to increase 9% to a record 89.1 million tons

Brazil’s 2013/14 soybean crop that starts planting in September is expected to grow by 9% under normal weather conditions to a record 89.1 million tons, local crop analyst AgRural said in a release.
Wednesday, July 31st 2013 - 05:49 UTC
In Mexico, Latam second largest economy over half the are catalogued as poor

Poverty in Mexico, including extreme cases, decreased slightly between 2010 and 2012, reported the National Council for Evaluation of Social Development Policy. Official stats show that poverty in Mexico, Latam’ second largest economy went from 46.1% of the population in 2010 to 45.5% in 2012, while extreme poverty fell from 11.3% to 9.8%.
Tuesday, July 30th 2013 - 03:50 UTC
“The party is over” for Latam countries China-dependent on their exports

“The party is over” and Latinamerican countries should be concerned since the Chinese economy is slowing down, apparently entering a low growth period and many in the region have become notoriously ‘China-dependent’ after a decade of strong expanding sustained bilateral relations.
Tuesday, July 30th 2013 - 03:07 UTC
Uruguay needs ‘a dollar at 25 Pesos’ if it wants to remain competitive warn economists

Uruguay is too expensive in dollar terms and needs to adapt quickly because the adjustment will come anyway ‘and will be painful’ unless inflation is brought under control and costs equilibrium is reached with Brazil with a competitive dollar at 25 Pesos.
Monday, July 29th 2013 - 06:18 UTC
Colombia government and FARC resume peace negotiations despite armed clashes

Colombian government and Marxist-inspired-drugs-funded FARC rebels resumed peace negotiations in Havana on Sunday after a recess of more than two weeks, during which 19 soldiers and a number of rebels were killed and rural protests left four farmers dead and several police injured.
Monday, July 29th 2013 - 06:12 UTC
Rousseff brushes aside a ‘Lula option for 2014’ and ratifies minister Mantega

Responding to claims that former president Lula da Silva ‘is returning to politics’ and thus conditioning her re-election bid next year, Brazilian president Dilma Rousseff said the former trade union leader ‘never left politics’ and their relation ‘can’t be dissociated’. She also ratified Finance minister Guido Mantega.