Mercosur

• Monday, January 9th 2012 - 06:55 UTC

  Chile, Venezuela, Cuba hold CELAC ministerial meeting in Santiago

  

  Foreign Affairs ministers from Chile, Cuba and Venezuela begin discussions Monday in Santiago to advance in the implementation of the recently created Community of Latin American and Caribbean States, Celac.

• Monday, January 9th 2012 - 06:51 UTC

  Iran’s Ahmadinejad begins Latam tour in Venezuela: meeting with Chavez

  

  Venezuelan President Hugo Chavez will welcome his Iranian counterpart Mahmoud Ahmadinejad on Monday on his first stop of a five-nation tour of Latin America, state media reported.

• Monday, January 9th 2012 - 06:49 UTC

  Argentine Farming emergency committee meets this week to address extreme drought

  

  The Argentine Agriculture Ministry has summoned the Committee on Farming Emergency and anticipated it would engage in “surgical work” in order to reach “all areas of the farming sector” suffering from extreme drought.

• Monday, January 9th 2012 - 06:47 UTC

  Chile buries seven fire-fighters; strong suspicion of criminal intent in forest fires

  

  The home of a Mapuche Indian leader in Chile was destroyed in a suspicious blaze in an area ravaged by forest fires, which officials say may have been caused by radical indigenous activists.

• Sunday, January 8th 2012 - 05:36 UTC

  Uruguay and Argentina among the ten countries worldwide with highest inflation

  

  Inflation in Uruguay was not only far above target domestically but also figures among the ten highest in the world, and in Latam only behind Argentina and Venezuela

• Sunday, January 8th 2012 - 05:34 UTC

  Argentine “grandstanding” and acting illegally in the Falklands’ issue

  

  Argentina’s government is “grandstanding” and acting illegally in imposing a blockade on ships from the Falkland Islands, Henry Bellingham has claimed in an interview with the Lynn News from England.

• Sunday, January 8th 2012 - 05:31 UTC

  Excellent press and forecast for Falklands’ Rockhopper Exploration oil prospect

  

  Investment banking heavyweight Credit Suisse has initiated coverage of Rockhopper Exploration with a bullish assessment of prospects for the Falklands–focused firm, reports Proactive Investors UK.

• Sunday, January 8th 2012 - 05:29 UTC

  Brazil celebrates having achieved 2011inflation target, but it’s highest since 2004

  

  Brazil's government just met its inflation target for 2011, which was a surprise victory forPresident Dilma Rousseff and for a central bank that struggled for most of the year with rising food and commodities prices. However it is the highest inflation since 2004.

• Sunday, January 8th 2012 - 05:25 UTC

  India targets 50bn dollars trade with Latam by 2014; Latam assessing ‘China euphoria’

  

  Latin America trade with India could go up to 50 billion dollars by 2014 on the back of projected high economic growth in both the regions, said R. Viswanathan, India's ambassador to Argentina, Uruguay and Paraguay.

• Sunday, January 8th 2012 - 05:22 UTC

  Chavez names Defence minister Army officer described by the US as a “drug kingpin”

  

  Venezuelan President Hugo Chávez named as Defence minister General Henry Rangel Silva, who the United States has described as a “drug kingpin” linked to cocaine smuggling from neighbouring Colombia.