Latin America

• Wednesday, June 1st 2011 - 08:37 UTC

  Moody’s joins S&P and lifts Colombia’ credit rating to investment grade

  

  Colombia’s credit rating was raised to investment grade by Moody’s Investors Service, matching a move by Standard & Poor’s two months earlier, as economic growth accelerates and the threat posed by guerrilla groups and organized crime recedes.

• Tuesday, May 31st 2011 - 22:57 UTC

  Cristina Fernandez plans to launch re-election bid June 23, says close associate

  

  Argentine President Cristina Fernández de Kirchner may announce her bid to run for re-election at a rally on June 23, according to ruling-party lawmaker and close associate of the head of state, Carlos Kunkel.

• Tuesday, May 31st 2011 - 08:32 UTC

  CFK praises Mexico and thanks Calderón for understanding Argentine trade policy

  

  Argentine President Cristina Fernandez de Kirchner, CFK, described relations with Mexico as “splendorous” and said links are solid because both countries “have helped each other through out difficult times in history”.

• 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.