Latin America

Thursday, January 17th 2013 - 20:27 UTC
IMF ‘definitive’ assessment of Argentine inflation and GDP stats in February

IMF Managing Director Christine Lagarde confirmed to the Argentine media that next February first the fund will be assessing her critical report on Argentine statistics, which could lead to sanctions for the country.
Thursday, January 17th 2013 - 16:49 UTC
Uruguay poised to grow 4% this year; Argentina and Brazil, 3.4%, says World Bank

Uruguay’s economy is poised to grow 4% this year and in 2014, which is above the region’s average, according to the World Bank’s latest Global Economic Prospects issued this week. However Uruguay will be ranked twelfth in the growth ranking of Latinamerica this year but ahead of Brazil and Argentina with 3.4%.
Thursday, January 17th 2013 - 15:38 UTC
Atlantic countries concerned with UK presence in Falklands; call for talks with Argentina

Twenty one countries from South America and Africa strongly supported their commitment to keep the South Atlantic free of arms of massive destruction and expressed concern over the British military presence in the Falklands/Malvinas, which are claimed by Argentina.
Thursday, January 17th 2013 - 14:04 UTC
Despite inflation risks Brazil keeps interest rates at record low, 7.25%

The Brazilian central bank kept its benchmark interest rate at a record low for the second straight meeting, 7.25%, despite admitting inflation was a short term risk and economic recovery less intense than expected.
Wednesday, January 16th 2013 - 08:54 UTC
Maduro delivers state of the nation speech and announces new Foreign minister

Venezuela President Hugo Chávez has decided to appoint Elías Jaua as the new Minister of Foreign Affairs, announced Venezuelan Vice-President Nicolás Maduro during the Tuesday session at the National Assembly when he submitted the Yearly Report for fiscal year 2012.
Wednesday, January 16th 2013 - 08:37 UTC
Chile mining industry expects 100bn dollars investment in next twelve years

Chile is expecting investments in the mining industry of 100 billion dollars in the next twelve years, of which 48bn in the eight year period to 2020 and mostly in cooper according to the National Mining Society, Sonami.
Wednesday, January 16th 2013 - 06:45 UTC
Cristina Fernandez has hand-written copies of Chavez political testament, says Bocaranda

Argentine president Cristina Fernandez in her recent visit to Cuba declined to see the ailing Hugo Chavez but surprised her hosts, the Castro brothers, when she revealed having received two letters from the Venezuelan leader which she considered to be his political testament.
Wednesday, January 16th 2013 - 05:57 UTC
Chilean government in contacts with Mapuches to find solution to the conflict

The Chilean government started contacts in an attempt to ease tension and find solutions to the escalating conflict with the indigenous Mapuche in the southern province of La Araucania which has seen killings and properties torched.
Wednesday, January 16th 2013 - 05:54 UTC
Record tourist arrivals in Chile during 2012: 3.5million. Target for this year: 4m

Chile received a total of 3.5 million foreign tourists in 2012, a 13% hike over the year before and an all-time record. The 13% gain far outpaced the 6% increase that Latin America scored as a whole last year, Chile's deputy secretary for tourism, Jacqueline Plass, said.
Wednesday, January 16th 2013 - 03:52 UTC
Statement on Falklands expected from South Atlantic peace zone meeting

Representatives from 21 African and South American countries are debating in Uruguay the consolidation of the South Atlantic as a zone free of massive destruction arms and its “improper militarization”, as a result of the growing tension between the UK and Argentina over the Falkland Islands.