
Belgium signed on Wednesday an agreement with the Organization of American States (OAS) to provide financial support for the program “Landmine Victim Assistance in Ecuador and Peru,” carried out by the OAS.

Many Cubans are anxious about the results of Venezuela’ presidential election next Sunday and are praying for an Hugo Chavez victory since they are fearful of another collapse of the island’s economy if the winner is opposition candidate Henrique Capriles.

The influential business newspaper Financial Times dedicated a special edition to the Chilean economic and social situation and concludes that given the massive demonstrations against energy projects and in favour of education reform, “doing business” in the country has become difficult plus there is growing disappointment in the middle class.

Chile revoked the concession awarded to Sociedad Quimica y Minera de Chile to exploit substantial reserves of lithium in the Andes region, acknowledging problems with the tender process.

A weak global economy, mainly due to the difficulties faced by Europe, United States and China has affected growth in Latin America and the Caribbean. In 2012 the original growth estimate will fall from 3.7% to 3.2%, according to the latest estimate from the UN Economic Commission for Latinamerica and the Caribbean.

Venezuelan opposition leader Henrique Capriles pledged to help Colombia in its peace talks with rebels and distance himself from Iran should he defeat President Hugo Chávez in an increasingly tight race ahead of Sunday's election.

Argentine President Cristina Fernández again denied the existence of money exchange restrictions over the purchase of dollars by explaining that “Argentina has already paid 79.8 billion dollars so far this year”.

After a major naval exercise in the Caribbean with the participation of 13 warships from several countries of the Americas and following some anti-drugs patrolling in the Caribbean HMS Dauntless is expected back in Portsmouth at the end of October.

The latest Uruguayan central bank decision to further hike interest rates is “unlikely to do much to tackle stubbornly high inflation” and contrary to this could end acting as a magnet for foreign capital inflow, “aggravating the very problem it seeks to address”, says Michael Henderson from Capital Economics.

Chilean President Sebastian Piñra unveiled an education-heavy 2013 budget bill on Sunday, as he seeks to improve the conservatives’ credentials before municipal elections in October and next year's presidential election.