The first satellite of the Uruguayan AntelSat project will be launched at the beginning of 2014, according to the country's telecom authority Antel.
Brazil is this year, for the first time since 2000, is expected to post a balance of trade deficit which, according to the Brazilian Foreign Trade Association (Aeb), and should be in the range of 2 billion dollars.
Brazil wants to change the way Mercosur negotiates trade agreements with the European Union, EU, so as to definitively advance with the ongoing discussions that were started in 1995, but still have to see concrete results, according to Brazilian official trade and diplomatic sources.
Pope Francis held his first mass as a pontiff at the Basilica of Our Lady of Aparecida in Sao Paulo before thousands of faithful who gathered despite de cold and the rain. During the Wednesday mass, Pope Francis urged young people to shun the ephemeral idols of money and pleasure and cherish traditional values to help build a better world.
A total of 5.93% of rural land in Argentina is foreign-owned President Cristina Fernández announced which amounts to 15.8 million hectares. During a speech at Government House, Justice Secretary Julián Alvarez presented a survey that is a prelude to the full implementation of the Law 26,737 on Rural Lands (Ley de Tierras Rurales) passed in 2011 to place a 15% limit on foreign ownership of rural land in Argentina.
Latinamerica and the Caribbean are poised to grow 3% this year, according to the July Economic Survey of Latin America and the Caribbean, which is down from the previous April estimate of 3.5%. Slower growth in the region’s two largest economies Brazil and Mexico, and more modest activity in Chile, Panama and Peru have pulled the average down.
Paraguay is ready to return to Mercosur as long as there is respect the country’s dignity, but at the same time will look for other trade and cooperation opportunities with Mexico, United States and the Pacific Alliance, said the Paraguayan ambassador in Washington.
The Organization of American States (OAS) Secretary General, José Miguel Insulza, met with Paraguayan president Federico Franco at the start of his two-day official visit to Asunción.
Around 400,000 Roman Catholics have joined a Tuesday evening ceremony on Copacabana Beach in Rio de Janeiro to mark the opening of World Youth Day. The highlight of the festival will be a visit on Thursday by Pope Francis.
Uruguayan president and former guerrilla Jose Mujica left Tuesday night for Cuba where he is scheduled to hold meetings with President Raul Castro, the revolution leader Fidel Castro and attend the celebrations of the sixtieth anniversary of the assault on the Moncada military fort.