Mexican President Enrique Peña Nieto has announced a sweeping energy reform, which is expected to include constitutional changes to lure private investment and boost output, will be presented to Congress next week
Brazil's investment in science has reached an all-time high, with the science ministry's budget increasing from 8.6 billion Real (about 3.8 billion dollars) in 2012 to 12.7 billion Real (around 5.6bn) this year, according to science minister Marco Antonio Raupp.
Free trade agreements, FTA, signed by the European Union with Colombia, and with Central American countries Honduras, Nicaragua and Panama became effective August first as part of the EU strategy to eliminate tariffs on trade with Central American and the Andean region.
The Colombian economy is the third fastest growing in Latinamerica with a stable performance in 2012 of 4%; an estimated 4.5% this year and 4.7% in 2014, said President Juan Manuel Santos on making a balance of his three years in office.
Uruguay president José 'Pepe' Mujica was again ironic in praising Argentines when he stated that the Argentine population is capable of eluding the Pope and even the United Nations in their quest to buy US dollars and get them out of the country, in spite of current exchange controls.
Paraguay and Mexico have made significant advances in reaching a trade agreement in the framework of the Latinamerican Integration Association, ALADI, according to Paraguayan diplomatic sources.
Brazilian President Dilma Rousseff moved quickly this week to improve bus services in the metropolis of Sao Paulo, where protests over a fare increase in June triggered an outburst of national discontent that battered her popularity and questioned the country’s infrastructure for two major world events in 2014 and 2016.
A United Nations narcotics body on Thursday expressed alarm about a bill passed by Uruguay’s Lower House that would legalize marijuana.
Several Argentine opposition groups have started publishing their own GDP index, (as they do with inflation) based on the average of data processed by private consultants which are exposed to the intimidation of President Cristina Fernandez administration officials.
The Economist in its latest printed edition addresses Argentina’s challenges in the energy field including the seizure of a majority stake in YPF from Spain’s Repsol and the latest agreement with US oil company Chevron to exploit shale oil and gas.