Latin America

Saturday, November 9th 2013 - 06:02 UTC
October inflation eases in Brazil but food prices keep steady

Consumer prices in Brazil edged up last month but remained stable at 5.8% over 12 months, the Brazilian Institute of Geography and Statistics (IBGE) reported Thursday. It put October inflation at 0.57%, up from 0.35% the previous month.
Saturday, November 9th 2013 - 03:31 UTC
Group of Argentine bondholders plan 'private debt swap' to holdouts

A group of Argentine bondholders will offer creditors suing for the repayment of defaulted sovereign debt a private deal to get them to abandon their litigation, the state-run Télam news agency said.
Saturday, November 9th 2013 - 03:27 UTC
IMF holding constructive talks with Argentina on inflation and GDP data

International Monetary Fund announced it was holding “constructive” talks with Argentina about addressing flawed economic data that led to an unprecedented IMF censure of a member country.
Saturday, November 9th 2013 - 03:24 UTC
Brazilian president recovers from June protests and leads polls for next year's election

Brazilian President Dilma Rousseff is approaching an election year as clear favorite, but she must do more to curb violence and corruption to maintain her popularity, according to a public opinion poll conducted by MDA and commissioned by the private transport sector lobby CNT.
Saturday, November 9th 2013 - 03:14 UTC
Peru is the original home of Pisco, says EU; grief in Chile

Peru has scored a significant victory in the age-old battle with Chile over the origin of the two countries’ most popular liquor, with the European Commission recognizing the former as the original home of pisco
Friday, November 8th 2013 - 14:32 UTC
Mercosur cancels summit until end of January waiting for Cristina Fernandez

The Mercosur summit scheduled for December in Venezuela has been suspended and will most probably take place sometime in late January announced Uruguayan president Jose Mujica who on Friday cancelled a trip to Brasilia to meet with his peer Dilma Rousseff.
Friday, November 8th 2013 - 06:00 UTC
Venezuela joins the hyperinflation club: 54.3% in last twelve months and climbing

Venezuela's consumer prices rose 5.1% in October, pushing the 12-month inflation rate to 54.3%, the highest mark since the late President Hugo Chávez took power in 1999. The news was released by the central bank on Thursday which also revealed that the scarcity index had reached its highest level since 2009.
Thursday, November 7th 2013 - 19:06 UTC
Mercosur and Argentina top of the agenda in Mujica/Rousseff summit in Brasilia

Mercosur negotiations, disputes with Argentina and economic complementation with Brazil are among the main issues of a long agenda that Uruguay and Brazil will address when President Jose Mujica visits his Brazilian peer Dilma Rousseff on Friday in Brasilia.
Thursday, November 7th 2013 - 08:19 UTC
Last Argentine military Junta had plans to remain in power until 2000

Neatly kept and organized documents dating to the start of Argentina’s last dictatorship, 1976/1983, shows the names of activists who went missing and citizens blacklisted under the regime, officials announced in Buenos Aires. The documents also show that the military junta had planned to hold onto power until 2000.
Thursday, November 7th 2013 - 06:58 UTC
Symbolic fourth bell returns from Wales to Chile's 14th Fire Brigade, 150 years later

In another demonstration of the close links of Chile and Britain, members of the 14th Fire Brigade from the city of Santiago de Chile officially received the fourth bell of the old Compañía de Jesús Church which was completely destroyed by a devastating fire that also killed over 2.500 people in 1863, almost 150 years ago.