Latin America

• Monday, July 9th 2012 - 12:41 UTC

  Deadline for major Indian iron and steel project in Bolivia

  

  Jindal Steel & Power Ltd. and the Bolivian government are still in talks to see if the Indian company's 2.1 billion dollars mining and steel-manufacturing venture can be salvaged, a senior executive said Friday.

• Monday, July 9th 2012 - 06:17 UTC

  Peña Nieto confirmed as Mexican president but won’t have majority in Congress

  

  Enrique Peña Nieto won Mexico's July 1 presidential election by 3.3 million ballots, or almost 7 percentage points, although allegations of excessive campaign spending and voter fraud could be reviewed by the electoral tribunal, officials said.

• Monday, July 9th 2012 - 05:35 UTC

  Reports of a serious outbreak of cholera in Cuba; Havana says it is under control

  

  According to the BBC a patient has been diagnosed with cholera in the Cuban capital, Havana, days after three people died in a rare outbreak in the south-eastern town of Manzanillo.

• Sunday, July 8th 2012 - 21:11 UTC

  Chile and Brazil lead the Global Innovation index in the region

  

  An international study released this week ranked Chile first among Latin American countries on the Global Innovation Index (GII), though Chile received mediocre scores in the area of education.

• Saturday, July 7th 2012 - 05:27 UTC

  Brazil June inflation lowest in two years helped with temporary tax breaks

  

  Brazil’s inflation slowed to its lowest in almost two years on temporary tax breaks for autos, paving the way for more interest rate cuts as the government tries to revive economic growth.

• Saturday, July 7th 2012 - 05:18 UTC

  Chile sets out its defence strategy targets emphasizing global cooperation

  

  The Chilean government released its new 2012-2024 National Defence and Security Strategy (ENSYD) this week which promises to address “new threats” to Chilean security in an international context.

• Saturday, July 7th 2012 - 05:15 UTC

  Argentina ends double taxing treaty with Chile which was running since 1976

  

  Chilean Foreign Minister Alfredo Moreno regretted Argentina’s decision to end a double taxing agreement which was running since 1976 and exempts Chileans and Argentines making business in the neighbouring country from paying taxes as long as they are already contributors at home.

• Saturday, July 7th 2012 - 05:12 UTC

  Euro crisis “the greatest external economic risk” for Latinamerican growth

  

  The Euro crisis is the “greatest external economic risk” for Latinamerica warned the Inter American Development Bank Luis Alberto Moreno who nevertheless said he was convinced the world with end acknowledging the efforts from the European Union and Spain.

• Saturday, July 7th 2012 - 01:57 UTC

  Relief for Humala: major Army victory over Shinning Path, dilutes anti-mining violence

  

  Peruvian police captured 11 Shining Path rebels and freed 10 children thought to be in combat training, President Ollanta Humala said on Friday after a string of military setbacks and a week of anti-mining violence.

• Friday, July 6th 2012 - 16:14 UTC

  Mujica proposes to blend Mercosur and Unasur into an only `more flexible group

  

  Uruguayan president Jose Mujica proposed to its South American peers to blend Mercosur and Unasur into an only group, according to an interview with a Uruguayan weekly in which he also ratified his commitment with Venezuela (and its oil resources) to justify the incorporation of the fifth full member of Mercosur.