Latin America

• Tuesday, May 31st 2011 - 08:13 UTC

  Fiat was saved from collapse by sales in Latin America admits CEO Marchionne

  

  Fiat and Chrysler Group president Sergio Marchionne said on Monday that car sales in Latin America saved the corporation’s balance sheet last year and announced an overall increase in car sale operations in accordance with regional demand.

• Monday, May 30th 2011 - 23:46 UTC

  Honduras Santos/Chavez brokered deal was on request from Central America and Mexico

  

  Central American countries and Mexico requested Colombian president Juan Manuel Santos to help reconcile positions with Southern Cone countries so that former president Manuel Zelaya could return to Honduras, revealed Colombian Foreign Affairs minister Maria Angela Holguin in an interview with Bogotá’s El Espectador.

• Monday, May 30th 2011 - 05:51 UTC

  CFK ratified her administration’s economic policies before Mexican business elite

  

  Argentine president Cristina Fernandez de Kirchner ratified before Mexican businessmen that her government will continue to advance the current ‘development inclusion model’ with strong policies in support of the domestic market and exports with added value.

• Monday, May 30th 2011 - 02:52 UTC

  National Ballet of Cuba and the legendary Alicia Alonso on US month long tour

  

  The National Ballet of Cuba plans to deliver a “message of peace” when it starts its first United States tour in eight years, said renowned director, Alicia Alonso. The visit is expected to last one month.

• Monday, May 30th 2011 - 01:07 UTC

  Zelaya is cheered on return to Honduras; June first OAS votes on reinstatement

  

  Honduran former president Manuel Zelaya, whose ouster almost two years ago led to Honduras’ expulsion from the Organization of American States, OAS, returned home from exile Saturday following an agreement brokered by Colombia and Venezuela

• Sunday, May 29th 2011 - 20:00 UTC

  Cuba “needs more than ever church blessings” to support reforms, says Raul

  

  President Raul Castro said that Cuba currently “needs more than ever the blessings from its evangelic churches” to keep advancing with the reforms to update the exhausted economic model of the last fifty years, according to reports in the official Havana media.

• Saturday, May 28th 2011 - 08:21 UTC

  Latam has “unprecedented opportunity” to double GDP in next 14 years

  

  The nations of Latin America and the Caribbean have an unprecedented opportunity to attain human development standards comparable to the industrialized world by 2025, Inter-American Development Bank President Luis Alberto Moreno said on Friday.

• Saturday, May 28th 2011 - 08:02 UTC

  Mercosur tourism ministers address ‘border crossings” and overseas promotion

  

  Mercosur tourism ministers agreed to facilitate border crossings for citizens from country members and to draft a homogeneous system for keeping the industry’s statistics, during their XI meeting held in Asuncion, Paraguay.

• Saturday, May 28th 2011 - 07:35 UTC

  Cooperation agreement to develop sustainable tourism in the Americas

  

  The United Nations World Tourism Organization, UNWTO and the Organization of American States, OAS, have signed a cooperation agreement aimed at developing sustainable tourism policies and enhancing the productivity and competitiveness of the tourism sector in the Americas.

• Saturday, May 28th 2011 - 07:24 UTC

  Even if US tightens liquidity, hot money to emerging economies will continue

  

  Capital flows to emerging markets won’t significantly slow when the US Federal Reserve ends its bond-purchasing program known as quantitative easing, said Olivier Blanchard, chief economist at the IMF.