Latin America

Friday, October 5th 2012 - 22:41 UTC
Pentagon chief flies to Uruguay for Defence Ministers of the Americas conference

United States Defence Secretary Leon Panetta starts on Friday a week-long trip to Peru and Uruguay where he will attend the Conference of Defence Ministers of the Americas, the Pentagon announced on Thursday.
Friday, October 5th 2012 - 20:38 UTC
Cuban prominent blogger detained in Cuba ahead of trial involving Spanish politician

Cuba was reported to have arrested prominent blogger Yoani Sanchez Friday in a crackdown on dissidents as the vehicular manslaughter trial of a Spanish politician got under way here. Angel Carromero, 27 who runs the youth wing of Spain’s ruling Popular Party went on trial for the death of a prominent dissident, Oswaldo Paya, in a car crash near this town in eastern Cuba.
Friday, October 5th 2012 - 20:15 UTC
Southern Europeans flocking to Brazil, Argentina, Venezuela and Mexico

A European Union (EU)-funded IOM study released on Friday on migratory flows in Latin America and the Caribbean (LAC), and between LAC and the EU, shows a marked increase in migration from the EU to LAC and a marked decrease in the number of LAC migrants entering the EU.
Friday, October 5th 2012 - 19:57 UTC
Capriles claims Chavez ‘handed out’ 9 billion dollars to Mercosur allies

Venezuelan opposition presidential candidate Henrique Capriles claims that the regime of President Hugo Chavez handed out nine billion dollars to Mercosur members (except for Brazil and Chile) as part of his plan to “export the Bolivarian revolution”.
Friday, October 5th 2012 - 19:48 UTC
Paraguay ‘deplores’ Uruguay’s speech before the UN General Assembly

Paraguay deplored statements from Uruguayan Foreign Minister Luis Almagro who claimed before the United Nations General Assembly in New York that the landlocked country had interrupted ‘democratic order’ when it removed Fernando Lugo from the Executive.
Thursday, October 4th 2012 - 19:40 UTC
Latam expected to expand 3% more in line with global trends, says World Bank

Latin America and the Caribbean region (LAC) will be growing at 3%, more in line with global trends but even with GDP beginning to slow, the region’s unemployment rate stood at 6.5%, approaching historic lows and well below its peak of 11% a decade ago, according to the latest semi-annual report “The Labour Market Story Behind Latin America’s Transformation,” by the World Bank’s Office of the Chief Economist for the region.
Thursday, October 4th 2012 - 19:23 UTC
Latam created 35 million jobs in last decade and helped combat income inequality

Labour markets played an important role the transformation and advance of the Latin American economy in the past decade as more than 35 million additional jobs were created in that period plus the fact that high informality declined in seven out of nine countries of the region.
Thursday, October 4th 2012 - 10:32 UTC
Belgium provides financial support for demining programs in Ecuador and Peru

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.
Thursday, October 4th 2012 - 07:18 UTC
Fearing a collapse of their economy, Cubans overwhelmingly would vote for Chavez

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.
Wednesday, October 3rd 2012 - 01:42 UTC
Chile a country with a growing disappointed middle class, says Financial Times

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.