Venezuelan Vice-President Nicolás Maduro announced during a nation-wide transmission that President Hugo Chávez “has died today at 4:25pm.”
The dollar ‘clamp’ in Argentina had led to a ‘dollar trickle’ to Uruguayan banks, which according to official data from the two central banks can be estimated at a million dollars per day.
The Consumer Price Index, CPI, in Uruguay climbed 0.99% during February, accumulating 2.91% in the first two months of the year, and 8.89% in the last twelve months, far above the government’s target of 4% to 6%, according to the National Institute of Statistics, INE Monday release.
Brazil is not only the biggest country in Latinamerica but also has the largest economy and expects to play a leading role in the global economy in the near future, however a report from the World Bank is not so enthusiastic and points out to a series of challenges the country must address if it wishes to effectively become a super star.
Brazil advanced toward its target of joining the small club of nations that have nuclear-powered submarines with the opening of a naval shipyard installation that will build French-designed submarines.
Mexican President Enrique Peña Nieto sounded a warning shot to his ruling party over corruption, saying no one is above the law as he tries to tackle the graft that has blighted its reputation in the past.
Bolivian president, Evo Morales, says his Venezuelan counterpart, Hugo Rafael Chávez Frías, is in stable conditions but still suffering from relapses in his recovery from a fourth round of surgery for cancer. Morales couldn't meet with Chavez but said doctors and relatives of Chávez informed him about his current condition.
The UN Decolonisation Committee has not received any further requests on the Falklands/Malvinas issue, and “there is no such procedure as self-determination regarding the Islands dispute”, according to the C24 president Diego Morejón Pazmiño, standing Ecuadorean ambassador before the UN.
Opposition leader Henrique Capriles accused Venezuela’s government on Friday of repeatedly lying about President Hugo Chavez’s condition, and said the truth will be known within days.
The Brazilian economy grew a mere 0.9% in 2012 despite government stimulus measures, its worst performance in three years, official statistics showed Friday. But prospects for the coming years are considered encouraging given the international events to be hosted by Brazil and the electoral calendar.