Latin America

• Saturday, July 14th 2012 - 00:30 UTC

  Top Brazilian entrepreneurs tie-up to develop mining opportunities in Latam and Africa

  

  Brazil's top investment bank Banco BTG Pactual announced a tie-up with Roger Agnelli, former head of mining giant Vale, to invest up to 520 million dollars in Latin America and Africa.

• Thursday, July 12th 2012 - 07:05 UTC

  Washington says Paraguay should not be suspended from OAS and calls for regional unity

  

  Paraguay should not be suspended from the Organization of American States, OAS, despite the removal of President Fernando Lugo, said on Wednesday Roberta Jacobson, Assistant Secretary of State for Western Hemisphere Affairs.

• Thursday, July 12th 2012 - 07:00 UTC

  Canada protests Bolivian decision to revoke licence to mine silver deposits

  

  Canadian company is protesting Bolivia's decision to revoke its licence to mine a rich silver deposit in the country and nationalize the project.

• Thursday, July 12th 2012 - 02:27 UTC

  Chavez after an extra 9bn dollar to fund “Love for the Elderly”

  

  Venezuelan President Hugo Chávez will seek Congress' approval to hike the 2012 government borrowing cap by about a third to 27 billion dollars to help fund a new pension program ahead of his October 7 re-election bid.

• Thursday, July 12th 2012 - 02:03 UTC

  Paraguayan Supreme Court receives unconstitutional appeal on Lugo’s removal

  

  The Paraguayan Supreme Court accepted on Wednesday an unconstitutional appeal against the removal of President Fernando Lugo which requests the annulment of the political impeachment undertaken and voted by Congress.

• Thursday, July 12th 2012 - 01:59 UTC

  Chile’s top copper producer placed 2bn dollars in 10 and 30-year bonds

  

  The world’s number one copper producer Codelco announced it had placed 2 billion dollars in bonds, its largest debt issue to date, aimed at refinancing debt and funding a good part of the miner's 2013 investments.

• Wednesday, July 11th 2012 - 22:23 UTC

  Italy’s caretaker PM Monti says next year’s election can be looked at “with serenity”

  

  Italy's technocrat Prime Minister Mario Monti, appointed last year to steer his country through a debt crisis, said he was confident a stable government would be formed after elections in 2013, playing down fears of deadlock after he steps down.

• Wednesday, July 11th 2012 - 19:24 UTC

  With Venezuela, Mercosur will extend from Patagonia to the Caribbean

  

  Brazilian Foreign minister Antonio Patriota again supported the access of Venezuela as full member of Mercosur and the suspension of Paraguay, which he described as a clear message for all those possible “anti-democratic adventures”.

• Tuesday, July 10th 2012 - 23:48 UTC

  OAS report to the Permanent Council does not favour suspending Paraguay

  

  The Organization of American States Secretary General Jose Miguel Insulza said that to suspend Paraguay from the OAS “would not contribute to the achievement of our objectives”, governance, the electoral process and institutional normality.

• Tuesday, July 10th 2012 - 21:22 UTC

  Brazil plans to combat endemic dengue fever with GM mosquitoes

  

  Brazil said it will breed huge numbers of genetically modified mosquitoes to help stop the spread of dengue fever, an illness that has already struck nearly 500,000 people this year nationwide, killing 74.