Latin America

Thursday, September 12th 2013 - 01:02 UTC
Chilean presidential front-runner heads ceremony at former Pinochet detention centre

Former Chilean president and current front-runner in the November election Michelle Bachelet headed a ceremony at former detention centre Villa Grimaldi as part of the country’s commemoration of the coup led by General Augusto Pinochet against Socialist president Salvador Allende on 11 September 40 years ago.
Thursday, September 12th 2013 - 00:37 UTC
Tourism New Zealand picks Sao Paulo as base for Latin American activity

Tourism New Zealand will open a new office in Sao Paulo, Brazil to serve as the base of its new Latin American activity. The announcement was made by Prime Minister John Key and the Minister of Tourism, at the Latin American Business Council lunch this week.
Wednesday, September 11th 2013 - 23:49 UTC
Chilean delegates at corruption-prevention forum in Panama partly financed by the Foreign Office

Chilean delegates are attending a regional forum to discuss techniques for tackling corruption and collusion in Latin American procurement taking place in Panama City. The conference is a joint initiative of the UK Foreign Office, several Panama government offices and a regional Central America body established by the UN Office on Drugs and Crime.
Wednesday, September 11th 2013 - 22:09 UTC
Venezuela media running out of newsprint; lack of dollars to import

While the world press decries plunging print readership and advertising revenue, newspaper editors in Venezuela are struggling with a much more fundamental problem: lack of newsprint.
Wednesday, September 11th 2013 - 22:06 UTC
Venezuela inflation running at annualized 45.4%; government “admits economic success debt”

Venezuela's annual inflation rate hit 45.4% in August, the central bank revealed this week, the highest in five years and the highest in the region, even as consumer price increases slowed from the previous month.
Wednesday, September 11th 2013 - 22:02 UTC
”If Brazil devalues, Uruguay will follow”, President Mujica tells farmers

President Jose Mujica said that Uruguay is ‘aligned’ with Brazil in economic policy, and if the government of President Dilma Rousseff decides to devalue its currency, “Uruguay will follow” and as Brazil, “Uruguay is not satisfied with the functioning of Mercosur”.
Tuesday, September 10th 2013 - 17:42 UTC
London hosts Chile Day 2013 with praise for close friendship dating back centuries

Britain celebrated at Mansion House in London Chile Day 2013, September 10, with Minister of State for the Foreign Office Hugo Swire as the main speaker. This year’s event was attended by the Lord Mayor, Chilean Finance Minister Felipe Larrain and numerous participants.
Tuesday, September 10th 2013 - 02:04 UTC
Special Mercosur parliament committee to help decide on Paraguay/Venezuela controversy

Mercosur parliament, Parlasur, resumed activities on Monday and the first thing it agreed on was to name a committee to help find a way out to the controversy between Paraguay and Venezuela. Although Venezuela holds the rotating chair of Mercosur, Paraguay refuses to acknowledge even its status as full member of the regional group.
Tuesday, September 10th 2013 - 01:14 UTC
Steady advance of Cristina Fernandez leadership’s contender in latest polls

Sergio Massa, mayor of Tigre in suburban Buenos Aires who is disputing Argentine President Cristina Fernandez leadership of the ruling movement by running for the Lower House in representation of the province of Buenos Aires, leads comfortably with 40% of vote intention according to the latest public opinion released on Sunday.
Tuesday, September 10th 2013 - 01:11 UTC
Brazil’s 124 billionaires own 12.3% of GDP and half the population lives on 130 dollars per month

The 124 richest people in Brazil hold assets totalling 544 billion Reais equivalent to 238.6bn dollars or 12.3% of the country’s GDP, which is considered one of the most unequal in the world. The 124 are included in Forbes magazine latest publication that brings together all those Brazilians with fortunes over a billion Reais (approx 438 million dollars).