Peru's incoming President Ollanta Humala promised on Thursday the poor would take part in the country's economic boom, investors and their contracts would be respected and changes will be moderate and gradual.
Brazilian Foreign Affairs minister Antonio Patriota said that trade talks is one of several points in the bilateral agenda, ‘but not the most important’, next Friday when Argentine president Cristina Fernandez de Kirchner visits her Brazilian peer Dilma Rousseff.
Activity in Buenos Aires Metropolitan airport slowly resumed its normal pace on Wednesday as Aerolíneas Argentinas, Austral and Lan airlines announced they resumed their operations, after cancelling them due to volcanic ash cloud.
Venezuela said it remains committed to compensating Exxon-Mobil and Conoco-Phillips for nationalized oil assets, as long as the amount is reasonable and either settle by mutual agreement or set by the World Bank’s arbitration panel.
Spain's Banco Santander CEO Alfredo Saenz announced Wednesday its second-quarter net profit fell 38% as growth in Latin America was offset by weaker results in crisis-hit Europe and a one-time charge in Britain
Former nationalist military officer Ollanta Humala will take office next Thursday as the next president of Peru, one of the fastest growing economies in the world but with almost half the population living in poverty.
A working alliance of 68 members in the one-chamber Congress of 130 benches will be supporting the government of Peruvian president-elect Ollanta Humala who is to be sworn in on Thursday 28 July.
All South American presidents with the exception of Venezuela’s Hugo Chavez under chemotherapy treatment, and Paraguay’s Fernando Lugo, who cancelled at last moment following medical instructions, will be present at Thursday swearing in ceremony of Peruvian president-elect Ollanta Humala.
The British government has announced a new co-operation deal with Bolivia in the fight against drug trafficking. During a two-day visit to Bolivia, Britain's Minister for Latin America, Jeremy Browne, said the Serious Organised Crime Agency in London will join forces with the counter-narcotics police in La Paz.
Foreign direct investment (FDI) flows to Latin America and the Caribbean increased by 13% in 2010 to reach 159 billion dollars indicated UNCTAD (United Nations Conference on Trade and Development) annual investment survey that was released Wednesday.