President Cristina Fernandez de Kirchner’s wish of being able to print dollars is coming true as the central bank begins issuing dollar-denominated certificates today that trade in pesos.
The Secretary General of the Organization of American States (OAS), José Miguel Insulza, expressed his deep displeasure with the decision of the aviation authorities of several European countries that denied the use of airspace to the plane carrying the President of the Plurinational State of Bolivia, Evo Morales, from Moscow to La Paz.
The plane carrying Bolivian President Evo Morales home from Russia was rerouted to Austria on Tuesday after France and Portugal refused to let it cross their airspace because of suspicions that NSA leaker Edward Snowden was on board, the country's foreign minister said.
Edward Snowden will not necessarily be granted asylum in Ecuador, and any travel aid given to him was purely accidental, the Ecuadorian President has said. He also rebuked WikiLeaks founder Julian Assange for speaking on the part of Ecuador.
Former Chilean leader Michelle Bachelet steamed toward another presidential bid on Sunday with a lopsided primary win that prompted her center-left rivals to concede early in the evening and vow to support her in the November election.
The Permanent Representative of Paraguay to the Organization of American States (OAS), Martin Sannemann, assumed last Friday the Chair of the Permanent Council of the hemispheric institution, held in the last three months by the Permanent Representative of Panama, Arturo Vallarino.
The Inter-American Defense Board conducted last Friday the change of command ceremony of the Chair of the Council of Delegates, in which its authorities and those of the Organization of American States (OAS) reiterated their commitment to continue working together to overcome the challenges in defense and security matters currently facing hemisphere.
In the eve of the Managua summit which will focus on creating a new Economic Zone, Petrocaribe, the late Venezuelan president Hugo Chavez’s oil treaty, continues to play a vital role in the economic development of its 18 member states from the Central America and Caribbean region. But given the current political and economic climate in Venezuela, the question remains if Petrocaribe’s cheap oil is sustainable?
Aditya Birla Group is a late entrant to Latin America and came very much later than the Tatas and Reliance, the other big iconic Indian business groups. However Birla has made up for lost time by emerging as the Indian company with the largest annual business turnover in Latin America, which was around 1.8 billion dollars last year. Birla is also the largest investor from the Indian private sector in Latin America.
An estimated one hundred thousand people turned out Wednesday on another day of demonstrations called by students in several Chilean cities, with union members, port workers and miners joining the throng.