The latest ECLAC report, “Macroeconomic report on Latin America and the Caribbean, Jun 2012” shows that activity in the first months of this year has been stronger tan in the second half of 2011 despite considerable global uncertainty and volatility.
The report estimates Latam and Caribbean growth for this year at 3.7% compared to 4.3% in 2011.
Chilean Defence Minister Andrés Allamand achieved this week a unanimous vote in the Chamber of Deputies for the proposal to change the funding system for the Armed Forces. The proposal, should it gain approval in the Senate, would put an end to the so-called “copper law,” which has been in effect since 1958.
Chile’s central bank kept its benchmark interest rate unchanged at 5% for a fifth consecutive month as inflation in the world’s top copper producer eased and unemployment continued to decline.
The Brazilian economy contracted in April for the first time on an annual basis since September 2009, reinforcing economists’ expectations that Latin America’s largest economy will slow for a second consecutive year.
Colombia's Congress on Thursday passed a law that could pave the way for peace talks with Marxist oriented guerrillas, raising hopes for an end to the war, but drawing criticism from human rights groups that say the law is too lenient toward rebel leaders.
The United Nations conference on Sustainable Development opened in Brazil on Wednesday, launching a new round of debate on the future of the planet, its resources and people, 20 years after the first Earth Summit.
India has invited companies from Brazil to invest in the country’s national infrastructure, manufacturing in Special Economic Zones and the food processing sector.
By Danny Byrne, Editor of TopUniversities.com - Universities throughout Latin America are in a period of transition. Though precise circumstances vary by country, factors such as the growth in scientific research, massification of social demand for higher education, increased student mobility and the rise of private universities have exerted an influence across the region.
Brazil dominates the Quacquarelli Symonds (QS) Latin American University Rankings for the second year, with 65 institutions in the top 250, led by the Universidad de Sao Paulo.
Venezuela has taken the Unasur secretary general post from Colombia during a ceremony last Monday held in Bogotá with the attendance of Colombian president Juan Manuel Santos and his Paraguayan counterpart Fernando Lugo.