Latin America

• Saturday, January 21st 2012 - 05:41 UTC

  Members of G20 say Europe needs to take extra steps to solve its problems

  

  The Group of 20 economic powers will push Europe to take extra steps as it works toward a deal to boost resources for the International Monetary Fund, Mexico Deputy Finance Minister Gerardo Rodríguez said on Friday.

• Thursday, January 19th 2012 - 06:03 UTC

  “To all effects” Venezuela is fully integrated to Mercosur, says Uruguay

  

  “In practical terms Venezuela if fully integrated to Mercosur” said Uruguayan Foreign Affairs minister Luis Almagro during a meeting this week with foreign correspondents.

• Thursday, January 19th 2012 - 06:00 UTC

  Trade balance with Argentina is ‘definitively positive’ says Uruguayan minister

  

  Uruguayan Foreign Minister Luis Almagro said that the trade balance between Uruguay and Argentina is “definitely positive” although admitting some manufacturing sectors face difficulties because of the current Argentine obstructions to imports.

• Wednesday, January 18th 2012 - 16:46 UTC

  Uruguay’s economy minister, second best in the region for two years running

  

  The Economy ministers from Colombia, Uruguay and Peru have been rated as the best in Latin America according to the financial magazine America Economica, a publication from the Chilean company Nanbei which does the annual survey based on interviews with 70 Latin American economists.

• Wednesday, January 18th 2012 - 16:42 UTC

  South America had the strongest tourist arrivals expansion in 2011, says UNWTO

  

  International tourist arrivals grew by over 4% in 2011 to 980 million, according to the latest UN World Tourism Organization World Tourism Barometer. By region Europe was the best performer having increased 6% while the sub-region of South America topped the ranking with 10%.

• Wednesday, January 18th 2012 - 05:31 UTC

  Mujica and Lula da Silva discuss promoting regional integration as a doctrine

  

  Uruguayan president Jose Mujica and former leader Lula da Silva, under treatment for larynx cancer, said in Sao Paulo on Tuesday that they would like to have a group of Latin American intellectuals involved in the discussion and promotion of regional integration as a doctrine.

• Wednesday, January 18th 2012 - 05:19 UTC

  Chavez and Putin agree to defend independence and sovereignty of Syria and Iran

  

  The sovereignty of Syria and Iran should be defended against 'foreign interferences' and from the siege of ‘colonial powers’ Venezuela's President Hugo Chavez and Russian Prime Minister Vladimir Putin agreed during a telephone conversation, according to the Venezuelan Foreign Affairs ministry.

• Wednesday, January 18th 2012 - 03:08 UTC

  Relief for Humala as second vice-president finally resigns over corruption claims

  

  Peruvian Vice President Omar Chehade has resigned over corruption allegations but lawmakers expect him to try to hang onto his seat in Congress, where he could face an expulsion vote later this week.

• Wednesday, January 18th 2012 - 02:47 UTC

  Chile’s ENAP plans to drill 15 hydrocarbons exploratory wells in Tierra del Fuego

  

  Chile’s government owned oil and gas company ENAP presented this week the environmental impact study for an exploratory drilling round in the Province of Tierra del Fuego which includes fifteen wells and will demand an investment of 30 million dollars.

• Wednesday, January 18th 2012 - 02:38 UTC

  Colombia aims to become Latam third largest economy by 2015

  

  Colombia aims to be Latin America's third largest economy after Brazil and Mexico by 2015, said the country's trade minister this week during a business conference in Madrid.