Colombia has withdrawn from a treaty that binds it to the UN International Court of Justice in anger at a ruling that shifts some of its resource-rich waters to Nicaragua, President Juan Manuel Santos announced on Wednesday.
Chile and Mexico will manage to a great extent to avoid the negative prospects from OECD members in the next two years. The half year report from the Organization for Economic Cooperation and Development anticipates a serious weakening of activity in the Euro zone, the US and Japan, but the two OECD Latinamerican members as well as emerging power Brazil will have a contrasting performance.
Dengue continues to claim lives in Latin America with over 400 deaths and nearly 161.000 infection cases according to this year’s reports from the different countries.
Venezuelan President Hugo Chavez said he is returning to Cuba on Tuesday to continue treatment for cancer, raising new questions about his health just weeks after he won re-election to another six-year term.
Peruvian president Ollanta Humala expressed solidarity with Argentina in the Malvinas Islands issue and said that “the problems of the region are common problems” for all countries.
During a ceremony to receive visiting Peruvian leader Ollanta Humala Argentine President Cristina Fernández said that she would make a plea for Unasur members to come together in the fight against ‘vulture funds’ (hedge funds) when the region’s leaders meet this week in Lima.
Foreign minister David Choquehuanca argued that Bolivia can become a full member of Mercosur and continue with the Community of Andean Nations, CAN, and can’t be forced to abandon a block to join another.
Unasur special envoy Salomon Lerner said he returns to Peru with “a good impression” of the Paraguayan electoral process and the overall situation of the country.
Brazil, Bolivia and Chile had the best ‘business climate’ in Latin America during October according to the Economic Climate Index, ICE from the Brazilian think-tank Getulio Vargas Foundation, FGV.
Uruguayan president Jose Mujica appealed to workers and entrepreneurs to avoid an escalation of salaries and prices which leads “to all sort of fiddling” as is happening in Argentina.