Latin America

Saturday, July 28th 2012 - 01:25 UTC
Rousseff pledges to tackle the “Brazil cost” with new stimulus package

Brazilian President Dilma Rousseff said on Friday her government will unveil more measures to stimulate the economy in the next few months, including investments in ports, airports, railroads and highways.
Saturday, July 28th 2012 - 00:32 UTC
US economy playing against President Obama’s re-election bid

The White House cut its outlook for US growth in 2012 and 2013 on Friday, hours after data showed the economy grew at a tepid pace in the second quarter, raising concerns about a slowdown that could mar President Barack Obama's re-election chances.
Friday, July 27th 2012 - 05:17 UTC
Cuba to end Soviet-style economy and will implement market friendly policies

Cuba adopted a new tax code this week and said it would loosen regulations on some state companies while turning others into cooperatives, as one of the world's last Soviet-style economies moves in a more market-friendly direction.
Friday, July 27th 2012 - 02:52 UTC
IMF Western Hemisphere director Eyzaguirre resigns; takes CEO job in Chilean television channel

IMF western hemisphere director, Chilean national Nicolás Eyzaguirre, resigned to his post Thursday in order to become the CEO of Chilean Canal 13 network. The International Monetary Fund confirmed the news and added that the official will leave his responsibilities immediately.
Friday, July 27th 2012 - 02:44 UTC
Ex British swimmer will carry the Paraguayan flag in London’s Olympic opening

Benjamin Hockin in the 2008 Beijing Olympics was part of the British team, now however he will be the standard-bearer for Paraguay in Friday’s London summer games opening and convinced he will receive an even greater support.
Thursday, July 26th 2012 - 21:17 UTC
UN criticizes as “devastating” Venezuela’s decision to pull out from human rights court

United Nations Office of the High Commissioner for Human Rights (OHCHR) said on Thursday that Venezuela's pullout of the Inter-American Court of Human Rights, Inter-American Commission on Human Rights (IACHR Court) would be “devastating” for the international organization. Spokesperson Rupert Colville said the move “will be not good for Venezuela either.”
Thursday, July 26th 2012 - 20:35 UTC
Mujica warns Uruguay is going through an exceptional period, but it is also finite

President Jose Mujica said Uruguay was going through an ‘exceptional’ period vis-à-vis the world crisis but also warned that exceptionality has limits and is not forever.
Thursday, July 26th 2012 - 18:52 UTC
Brazil discusses with Chavez arrangements for Venezuela’s Mercosur incorporation

Venezuelan President met on Wednesday with a committee from the Brazilian government to discuss mechanisms to speed the full integration of the country to the regional block. Brazil currently holds the Mercosur rotating chair.
Thursday, July 26th 2012 - 06:43 UTC
Chile and Brazil with the most universities among Ibero-America’s top ten

Brazil and Chile have seven universities among the top ten in Ibero-America according to the 2012 QS World Ranking, including Sao Paulo and Catholic university of Chile ranked one and two.
Thursday, July 26th 2012 - 00:42 UTC
Ecuador suspends decision on Assange until after the Olympics in London

Ecuador's Foreign minister said on Wednesday there will be no decision until after the Summer Olympics on the political exile request of WikiLeaks founder Julian Assange.