Brazil’s central bank cut borrowing costs by half a point for a second straight meeting. The bank’s board, led by President Alexandre Tombini, voted unanimously to reduce the benchmark Selic rate to 11.5% from 12% percent.
Venezuelan leader Hugo Chavez self-declared he was cancer-free on Thursday four months after surgery to remove a cancerous tumour that shook the oil rich country ahead of a 2012 presidential vote.
Hundreds of members from indigenous tribes opposing a jungle highway financed by Brazil and that they say will spoil their lands in Bolivia's Amazon drew cheers Wednesday when they paraded into the capital La Paz after a 63-day protest march.
Cuba will greatly expand the amount of land granted to private farmers, an agriculture official said on Wednesday, as the country struggles to boost food production.
Repsol YPF SA, which is scheduled to begin exploratory drilling in Cuban waters, has offered US agencies an opportunity to inspect the vessel and its equipment before it arrives at the well site, US Bureau of Safety and Environmental Enforcement (BSEE) Director Michael R. Bromwich said.
“State reform and development” will be driving force of the coming Ibero-American summit to take place next week, October 28/29 in Paraguay and already has the attendance confirmation of eighteen presidents, according to the organizers.
The Solidarity with Malvinas Islands Group in Mexico is organizing a round of conferences next April/June in coincidence with the 30th anniversary of the Falklands/Malvinas war to which will be invited academics both from Argentina and the UK.
Argentina, Brazil and Mexico meeting in Uruguay ahead of the G-20 summit in France next November, agreed to demand a greater role for the region in global affairs and in helping to resolve the global economic crisis.
Following on the examples of their German, French and some US peers, Chilean business leaders have asked for an increase in taxes they pay to help finance social demands in spite of the strong opposition of President Sebastián Piñera administration.
The Economist has an interesting article, and comments, on the quality of higher education in Latin America based on the latest ratings from UK, US and Chinese education consultancies.