Several UNASUR member countries plan to skip the upcoming Latin America, the Caribbean and the European Union Summit (EU-LAC) in Madrid if Honduran President Porfirio Lobo is invited, Ecuadorian President Rafael Correa said in Buenos Aires.
Cuba received a record one million tourists in the first four months and announced a policy of “real estate development” associated with boosting marinas, golf courses and other tourist investments, mainly in “virgin regions”.
France's government demanded “fair and prompt” compensation from Bolivia for the nationalization of a power plant half-owned by French utility GDF Suez (EPA:GSZ).
A car used by Bolivian President Evo Morales was stolen when the driver went to buy bread rolls for the president's breakfast, officials said.
Néstor Kirchner's appointment as UNASUR Secretary-General is “an embarrassment” because “he doesn't believe in dialogue or diplomacy, or the organization as a whole”, claimed dissident Argentine lawmaker Eduardo Amadeo, interviewed by the Buenos Aires Herald.
Chilean Agriculture Ministry José Antonio Galilea announced this week plans to introduce legislation to regulate and permit the cultivation of genetically modified (GM) crops in Chile.
Argentina became the richest country in Latin America in 2009 as measured by GDP per capita purchasing power parity, PPP, according to a Latin Business Chronicle analysis based of new data from the International Monetary Fund.
Cuban President Raúl Castro replaced two high-level government ministers citing errors and incompetence, in the latest round of replacements at top-level government posts. There are also signs that Cuba might turn the sugar industry to foreign investment.
The recovery in Latin America and the Caribbean is advancing faster than anticipated but at different speeds across countries, the International Monetary Fund (IMF) said in its latest Regional Economic Outlook-Western Hemisphere report, which was launched Tuesday in Montevideo, Uruguay.
Former Argentine president Nestor Kirchner was sworn Tuesday as Secretary General of the Union of South American Nations, UNASUR, following the consensus reached among the twelve country members overcoming differences of previous meetings.