Latin America

Wednesday, August 7th 2013 - 14:17 UTC
Mujica says Mercosur members must have more negotiating space with third parties

Uruguayan president Jose Mujica said that Mercosur should give its members more space to negotiate with third parties and supported linking to the Alliance of the Pacific, which nevertheless he argued is “part of a geopolitical involving China” and not accepted by Brazil.
Wednesday, August 7th 2013 - 03:16 UTC
CFK lectures Security Council: end of veto power and UK must abide Falklands’ resolution

President Cristina Fernandez, CFK, used the opportunity of Argentina at the rotating chair of the United Nations Security Council to demand an end to the veto power of its five permanent members (United States, Russia, China, Britain and France), and criticize the UK refusal to engage in Falkland Islands sovereignty discussions.
Wednesday, August 7th 2013 - 03:07 UTC
Rough going in Venezuela: opposition leader killed; media group suspends activities

Venezuela is becoming a rough environment for those dissenting with the Bolivarian revolution: in the last few hours a leading Venezuelan opposition was killed and on Monday media group announced the suspension of activities following the freezing of bank accounts and arrest of the owner and publisher.
Wednesday, August 7th 2013 - 03:04 UTC
Chile investment in mining expected to reach 112 billion in eight years

Chile expects mining investment to reach 112 billion US dollars by 2021, Mining Minister Hernan de Solminihac announced this week. This includes the 27bn planned by Chile’s National Copper Corporation, Codelco. Overall the sum is 8% higher than the November forecast.
Wednesday, August 7th 2013 - 02:39 UTC
Uruguay floats 2bn dollars in bonds to help spread debt payment

Uruguay priced 2 billion dollars in 10-year benchmark sovereign bond on Tuesday at a spread of 187.5 basis points over US Treasuries as part of the government's bid to improve its debt profile, according to reports from Thomson Reuter’s unit IFR. The bond priced at 99.833 with a 4.5% coupon and 4.521% yield, according to IFR.
Tuesday, August 6th 2013 - 22:03 UTC
Falklands: “there are three parties to the debate” UK tells Cristina Fernandez

The United Kingdom reiterated on Tuesday that there can be no Falkland Islands sovereignty discussions with Argentina unless and until the Islanders so wish, because there are three parties to the debate: UK, Argentina and the Falkland Islands people.
Tuesday, August 6th 2013 - 03:24 UTC
Tight race for President Cristina Fernandez candidate in Buenos Aires province

Next Sunday the Argentine electorate will be participating in the different parties’ primaries ahead of the mid term October ballot, which could signal the beginning of the end of the Kirchner decade. The event is identified as PASO, open, simultaneous and mandatory primaries.
Tuesday, August 6th 2013 - 03:19 UTC
Iran’s activity in the Americas to be re-evaluated, pledges Kerry to Congress

In a recent letter to Republican senator Mark Kirk, the US State Department said that in light of Argentine prosecutor Alberto Nisman's report on Iran, they were now re-evaluating the information in their highly criticized May report on Iranian activity in the Western Hemisphere.
Tuesday, August 6th 2013 - 03:10 UTC
Chilean judge closes case into the origin of Pinochet millions

Chilean court decided on Monday not to charge any of late Dictator Augusto Pinochet's family members in a long-running investigation into the origin of the general's fortune and his suspected embezzlement of public funds.
Tuesday, August 6th 2013 - 03:05 UTC
Inflation in Uruguay remains ever so far from the Central bank annual target

Consumer prices in Uruguay during July increased 0.77% while twelve-month inflation reached 8.75%, which is the highest since last February, and well ahead of the 8.21% to June, according to the latest release from the country’s National Stats Institute, INE.