Latin America

Tuesday, August 7th 2012 - 08:33 UTC
Uruguay reacts with silence to repeated Argentine provocations

The Uruguayan government said on Monday there will be no public statements on the latest “situations” with Argentina, and Uruguay will keep to what was agreed at presidential level during the last (31 July) Mercosur extraordinary meeting in Brasilia.
Monday, August 6th 2012 - 23:24 UTC
Poor ranking for Uruguay’s main university; Brazil and Chile top of Latam list

Uruguay’s government-financed national university came up in position 79 in the QS academic quality international ranking of the top 100 Latinamerican universities. Brazil, Chile, Mexico, Argentina, Colombia were far better ranked than Uruguay’s Universidad de la Republica, Udelar, which has caused deep concern among government officials.
Monday, August 6th 2012 - 22:02 UTC
Dollar deposits and loans erosion in Argentina as restrictions become stricter

The strict and tightening US dollar purchase restrictions imposed in Argentina were clearly exposed in the banking system dollar deposits and loans during the last week of July when they dropped 3%, having accumulated 43% in the last few weeks, according to official data from the central bank.
Monday, August 6th 2012 - 21:30 UTC
Abuse of Chilean indigenous peoples questioned by human rights organizations

The Inter-American Commission on Human Rights (IACHR) spoke out against human rights violations in the Araucanía region in south-central Chile on Thursday, calling on the government to investigate the chain of events last week resulting in the injuries of two minors by police bullets.
Monday, August 6th 2012 - 08:23 UTC
Mercosur economic performance expected to lag behind Andean countries in 2012

Argentina and Brazil will experience an economic slowdown this year compared to 2011, while Paraguay, punished by drought and an outbreak of foot and mouth disease, will have the worst performance in Latin America, and Peru the best, according to the Argentine consultants Ecolatina
Monday, August 6th 2012 - 08:20 UTC
Venezuela will abandon the Inter American justice system because it is “awful and rotten”

Venezuelan president Hugo Chavez reiterated that organisms such as the “awful, rotten and degenerate” Human Rights Inter American Court (CIDH) and the Inter American Court should disappear since they are “not worthy of the new world” ratifying his country will pull out from the two.
Monday, August 6th 2012 - 08:14 UTC
Lugo going to appeal before the Inter American Court his removal from office

Fernando Lugo said he would appeal to the Inter American Court the whole political impeachment process in the Senate that ended with his removal from the Paraguayan presidency in less than 48 hours and with little chance of a defence.
Monday, August 6th 2012 - 07:56 UTC
Ecuador negotiation to join Mercosur as full member begin next month

Mercosur will officially begin negotiation with Mercosur for its inclusion as full member in September announced the Brazilian news agency, ABR on Sunday. The meeting is scheduled for September 15 when the incorporation preliminaries will be addressed.
Monday, August 6th 2012 - 07:54 UTC
Venezuela will help YPF explore for hydrocarbons in fields next to the Falklands

Venezuela’s government oil corporation, PDVSA, in considering with Argentina’s YPF exploring for oil and gas in the area next to Falkland/Malvinas waters, revealed the president of the corporation and Minister of Petroleum and Mining.
Monday, August 6th 2012 - 07:40 UTC
Chile’s discredited Piñera revamps tax reform bill ahead of municipal elections

Chile's government re-drafted a sweeping tax reform bill aimed at helping fund an education overhaul, removing criticized benefits for higher earners as it seeks to help its passage through Congress ahead of key local elections.