Latin America

Monday, February 25th 2013 - 05:48 UTC
Cuba re-elects Raul Castro and unveils his de facto political heir: Diaz-Canel

Raul Castro was re-elected as Cuba's president Sunday, officially to his last five-year term, with a new regime number two, Council of State Vice President Miguel Diaz-Canel, official media said.
Saturday, February 23rd 2013 - 06:34 UTC
“Uruguayan government in deep crisis”, admits Mujica with a split cabinet and two economic teams

“The Uruguayan government is in deep crisis” admitted President Jose Mujica following an open clash between ministers that called for an urgent meeting of the cabinet and half way had to be adjourned on fears that recriminations could get out of control. A recess was ordered but the squabbling through the press continued and the exposed deep rift remains more than a challenge.
Saturday, February 23rd 2013 - 06:31 UTC
OAS mission promotes political dialogue in Paraguay ahead of the April 21 general election

The head of the Electoral Observation and Political Accompaniment Mission of the Organization of American States (OAS) in Paraguay, the former President of Costa Rica and Nobel Peace Prize Winner, Óscar Arias begins this weekend a visit to Asuncion to promote dialogue between the different Paraguayan political and social actors, and to prepare the deployment of the Mission that will monitor the general elections of April 21.
Friday, February 22nd 2013 - 05:11 UTC
Colombia with enough oil for eight years at current rate of consumption

Colombia only has enough oil to last another eight years and must urgently step up exploration efforts to locate more reserves, Finance Minister Mauricio Cardenas said.
Friday, February 22nd 2013 - 04:16 UTC
Colombia signs free trade agreement with South Korea eliminating 96% of tariffs

Colombia on Thursday signed a Free Trade Agreement (FTA) with South Korea in Seoul. The FTA includes a wide range of elements to boost bilateral trade and investment, according to the trade ministry.
Friday, February 22nd 2013 - 01:17 UTC
Foreign companies don’t have to fear nationalization, if they invest, says Morales

President Evo Morales said on Thursday that Repsol and the other multinational companies operating in Bolivia should not fear nationalization since his government only appeals to that extreme when corporations think in ‘looting’ instead of investing.
Friday, February 22nd 2013 - 01:11 UTC
Cuban dissident wants an end to US economic embargo and close down Guantanamo

Famed Cuban dissident Yoani Sanchez defended before the Brazilian Congress the end of the US economic embargo and called for the closing down of the US Guantanamo military base.
Thursday, February 21st 2013 - 05:27 UTC
Mercosur begins technical meetings for new proposals on trade accord with EU

Mercosur will retake next March technical discussions for a new proposal to be presented to the European Union for a trade and cooperation agreement, announced Argentine Foreign minister Hector Timerman next to his peer Antonio Patriota following bilateral talks on Wednesday in Rio do Janeiro.
Thursday, February 21st 2013 - 04:45 UTC
Brazilian soybean farmers oppose contract with Monsanto to end royalties’ dispute

Brazilian farmer groups are opposing a contract that Monsanto the world’s biggest seed company is offering farmers to end a dispute over royalty payments on its genetically modified soybean seeds. Monsanto is trying to resolve uncertainty over its ability to collect fees on its new Intacta soybeans, which it is scheduled to start selling in Brazil during the next growing season.
Thursday, February 21st 2013 - 04:43 UTC
Unasur, invited by electoral officials will observe the April 21 election in Paraguay

Paraguay’s Superior Electoral Tribunal, TSJE said on Wednesday that representatives from Unasur, Union of South American Nations, would be present as observers of the electoral process scheduled for next April. The accord was signed by TSJE president Alberto Ramirez Zamonini and the head of Unasur High Level Group, Salomon Lerner.