Mercosur

• Thursday, January 17th 2013 - 16:49 UTC

  Uruguay poised to grow 4% this year; Argentina and Brazil, 3.4%, says World Bank

  

  Uruguay’s economy is poised to grow 4% this year and in 2014, which is above the region’s average, according to the World Bank’s latest Global Economic Prospects issued this week. However Uruguay will be ranked twelfth in the growth ranking of Latinamerica this year but ahead of Brazil and Argentina with 3.4%.

• Thursday, January 17th 2013 - 16:47 UTC

  Brazil expects to tame inflation with the currency and energy rate cuts

  

  The Brazilian currency and energy rate cuts will help tame inflation this year, allowing the Brazilian central bank to keep interest rates at a record low even as growth accelerates, said Treasury Secretary Arno Augustin.

• Thursday, January 17th 2013 - 15:38 UTC

  Atlantic countries concerned with UK presence in Falklands; call for talks with Argentina

  

  Twenty one countries from South America and Africa strongly supported their commitment to keep the South Atlantic free of arms of massive destruction and expressed concern over the British military presence in the Falklands/Malvinas, which are claimed by Argentina.

• Thursday, January 17th 2013 - 14:04 UTC

  Despite inflation risks Brazil keeps interest rates at record low, 7.25%

  

  The Brazilian central bank kept its benchmark interest rate at a record low for the second straight meeting, 7.25%, despite admitting inflation was a short term risk and economic recovery less intense than expected.

• Wednesday, January 16th 2013 - 03:52 UTC

  Statement on Falklands expected from South Atlantic peace zone meeting

  

  Representatives from 21 African and South American countries are debating in Uruguay the consolidation of the South Atlantic as a zone free of massive destruction arms and its “improper militarization”, as a result of the growing tension between the UK and Argentina over the Falkland Islands.

• Tuesday, January 15th 2013 - 02:54 UTC

  Brazil insists with fresh election in Venezuela if Chavez dies, according to Reuters

  

  According to a report from Reuters, Brazil is urging Venezuela's government to hold elections as quickly as possible if President Hugo Chavez dies, which in that case would help a smoother leadership transition in Caracas.

• Monday, January 14th 2013 - 06:58 UTC

  Chavez health ‘improving’; top Venezuelan officials meet in Havana with Raul Castro

  

  Venezuelan President Hugo Chavez's lung infection has been controlled and his medical state is improving, the government announced on Sunday while four of the most powerful figures gathered in Havana allegedly to report to the cancer-stricken leader and meet with Cuban allies.

• Saturday, January 12th 2013 - 18:57 UTC

  P&O cruise line suspends stops in Argentina, confirms calls in the Falklands

  

  British cruise line operator P&O has scrapped stops in Argentina because of continuing tensions with the country over the Falkland Islands. Two of its vessels will no longer dock at three Argentine port destinations on around-the-world cruises. The decision was taken because there was no guarantee they will be able to dock.

• Saturday, January 12th 2013 - 18:18 UTC

  Chilean fish exports total 3.8bn in ten months; salmon the main item with 1.2bn

  

  Chilean exports of fishery products and aquaculture in the first 10 months of 2012 reached 3.8 billion dollars,1% over the same period in 2011. But the volume of exports increased 11.3%, according to the latest stats from Chile’s Fisheries and Aquaculture Under-Secretariat (Subpesca).

• Saturday, January 12th 2013 - 18:05 UTC

  Maduro administration bans four clips on postponement of Chavez inauguration

  

  Venezuela’s National Telecommunications Commission (Conatel) launched proceedings on 9 January against the terrestrial television station Globovisión over its broadcast of four clips about the postponement of the inauguration of President Hugo Chavez for a new six-year term, originally scheduled for the following day.