Latin America

Thursday, August 29th 2013 - 02:56 UTC
Argentine judge blocks hangar eviction of Lan from Buenos Aires air terminal

An Argentine judge on Wednesday granted an injunction blocking the eviction of LAN Argentina, a unit of Chile-based LATAM Airlines Group, from its hangar at Buenos Aires Jorge Newbery Airport, which handles domestic and regional flights.
Thursday, August 29th 2013 - 02:48 UTC
IMF encouragement for Brazil’s economy gradual upturn

The Brazilian economy is on a gradual upturn from the slowdown begun in mid-2011, the IMF says while urging Brasilia to continue efforts to rein in inflation. The country's 12-month inflation reached 6.27% in July, close to the upper limit of the government target of 6.5%.
Wednesday, August 28th 2013 - 01:22 UTC
Mujica and Cristina Fernandez seal peace at a de-sulphuring plant inauguration

Uruguay and Argentina presidents Jose Mujica and Cristina Fernandez seem to have ironed out differences, at least in public and in the pictures, during the inauguration of a gasoline and diesel de-sulphuring plant in Montevideo, which was financed with Venezuelan funds and Argentine technology.
Wednesday, August 28th 2013 - 01:11 UTC
Santos prepared to talk with FARC leader Timochenko to accelerate peace talks

Colombian President Juan Manuel Santos has confirmed that he would consider meeting FARC rebel leader Timochenko to accelerate talks aimed at ending 50 years of conflict but warned the nation will continue at war if Colombians reject what is agreed at the negotiating table.
Wednesday, August 28th 2013 - 01:07 UTC
Argentina's international reserves at a six year record low, and sliding ….

Argentina’s central bank international reserves pierced the psychological barrier of 37bn dollars and ended Tuesday at 36.9bn dollars, which is the lowest in over six years and will continue to drain since next month the country must repay in full 2bn of a 2007 sovereign bond.
Wednesday, August 28th 2013 - 00:43 UTC
Wide political support in Argentina for Cristina Fernandez new debt swap proposal

The opening of a new sovereign debt swap announced by Argentine President Cristina Fernández on national television on Monday has received strong support from allies, pledges of neutrality from the main opposition party but also criticisms.
Wednesday, August 28th 2013 - 00:24 UTC
Argentine bonds lose ground following the debt swap announcement

Argentina bonds in dollars, protected by local legislation fell the most in four months after President Cristina Fernandez announced she’s sending a bill to Congress to reopen the debt swap so that holders of the 7% of pending non restructured debt can normalize their situation in similar conditions.
Wednesday, August 28th 2013 - 00:18 UTC
Cuba reports cholera outbreak with 163 cases, mostly in Havana

Cuba has reported a new cholera outbreak with 163 cases, 12 of whom are tourists, though no deaths were mentioned, according to a bulletin from the Pan American Health Organization, PAHO. The update from 23 August is based on information provided by epidemiological authorities on the island.
Tuesday, August 27th 2013 - 22:06 UTC
Brazil’s Mantega admits ‘mini-crisis’; blames the US Fed confusing messages

Brazil's economy is going through a “mini crisis” stemming from global markets turbulence made worse by confusing messages from the US Federal Reserve, complained Finance Minister Guido Mantega.
Tuesday, August 27th 2013 - 21:59 UTC
Cristina Fernandez calls for reciprocity from foreign airlines operating in Argentina’s domestic market

Argentine President Cristina Fernandez got involved in the Lan Chile hangar conflict at the Buenos Aires metropolitan air terminal by praising the performance of re-nationalized Aerolíneas Argentinas and claiming that while foreign carriers can exploit the Argentine domestic market, “there is no reciprocity from other countries”.