Politics

• Tuesday, June 3rd 2014 - 05:51 UTC

  Uruguay's primaries give birth to a new young leader in the ruling coalition

  

  Yet more surprises from last Sunday's primaries in Uruguay to choose candidates for the October presidential election. Not only did the main opposition vote overwhelmingly for renewal, but now it has emerged that in the ruling coalition, which suffers from a generation of Jurassic leaders, a young challenger has emerged as the most voted and is now demanding a place in the presidential ticket.

• Tuesday, June 3rd 2014 - 05:44 UTC

  Good news from Brazil: trade surplus in May and primary surplus in April

  

  Some good news for the beleaguered Brazilian economy and President Dilma Rousseff's bid for re-election next October. According to the latest data supplies by the government, Brazil posted a trade surplus of 712 million dollars in May, recovering from a weak start to the year but still below historical levels.

• Tuesday, June 3rd 2014 - 05:39 UTC

  Rio mayor: be sure when you arrive in Brazil it's not England or London

  

  Those travelling to Brazil imagining they have arrived in England or those coming to Rio imagining to be in London “will undergo a frustrating experience” said Eduardo Paes, mayor of Rio do Janeiro, one of the cities to host the World Cup and the 2016 Olympics.

• Tuesday, June 3rd 2014 - 05:34 UTC

  Argentina and Brazil closer to an auto industry agreement

  

  Argentina and Brazil have 'cut differences' and advanced significantly in negotiations for an auto integration understanding that could be ready to be signed next week, according to industry sources in Buenos Aires.

• Tuesday, June 3rd 2014 - 05:26 UTC

  Latin America losing its competitive edge as demand for commodities slows down

  

  The United States ranks as the most competitive country in the world in a survey of 60 countries by IMD, a leading global business school in Switzerland. The survey finds Europe is recovering some of its competitive edge, while emerging economies, particularly in Latin America are struggling to hold their own.

• Tuesday, June 3rd 2014 - 05:16 UTC

  Spanish king abdicates: time for a new generation 'to move to the front line'

  

  King Juan Carlos of Spain announced on Monday that he was abdicating in favor of Crown Prince Felipe, his 46-year-old son, explaining in an address to the nation that it was time for a new generation to “move to the front line” and face the country’s challenges.

• Monday, June 2nd 2014 - 08:21 UTC

  Moody's upgrades Uruguay's rating to Baa3, based on reduced 'vulnerabilities'

  

  Moody's Investors Service last Friday announced it had upgraded Uruguay's government bond rating to Baa2 from Baa3, and assigned a stable outlook to the Baa2 rating. The upgrade was driven by the strengthening of Uruguay's sovereign credit profile, as reflected by the convergence of fiscal and debt metric, an overall government debt profile that is currently associated with moderate credit risks, and the country's reduced vulnerabilities to regional and commodity shocks.

• Monday, June 2nd 2014 - 08:09 UTC

  Prince Harry will be visiting Brazil, and Chile for the first time later this month

  

  Prince Harry will be visiting Brazil and Chile this month in support of the UK's interests in the region and will reflect the strong relationship the two countries have with the UK. The visit will also allow Prince Harry to build on the links he began to forge in South America during his official visit to Brazil in March 2012.

• Monday, June 2nd 2014 - 08:04 UTC

  Gibraltar's Poggio to be succeeded by Jason Cruz in two years time

  

  The Gibraltar Government’s recently-appointed representative in Hong Kong, Jason Cruz, will succeed Albert Poggio as the Rock’s man in London in two years’ time, it was revealed in Parliament by Chief Minister Fabian Picardo who confirmed the decision as he answered Opposition questions about Mr Cruz’s salary and employment package.

• Monday, June 2nd 2014 - 07:48 UTC

  .Qatar vehemently denies corruption claims in the bid for hosting 2022 World Cup

  

  Qatari organizers of soccer's 2022 World Cup have “vehemently” denied accusations their successful bid was corrupt, saying its lawyers were looking into claims made by a British Sunday newspaper.