Politics

• Saturday, June 21st 2014 - 08:54 UTC

  Pacific Alliance bourses, MILA, planned to be integrated by end of year

  

  Mexico's stock exchange plans to be connected to bourses in Chile, Colombia and Peru by year-end through the Latin American Integrated Market, or MILA, nearly doubling the size of the bloc, it was announced in Mexico City.

• Saturday, June 21st 2014 - 08:35 UTC

  Bachelet proposes meeting of Mercosur and Pacific Alliance leaders

  

  Chilean President Michelle Bachelet on Friday proposed a September gathering between officials and business leaders from Mercosur and the Pacific Alliance in hopes of creating a tie-up between the two Latin American trade groups.

• Saturday, June 21st 2014 - 08:19 UTC

  Cristina Fernandez took time to pick on the Falklands at her 'dialogue' speech

  

  Cristina Fernandez on her Friday Flag Day speech in which she lowered usual rhetoric and asked US Judge Thomas Griesa for negotiations with the holdout hedge funds, picked on the Falkland Islands sovereignty dispute to channel her fury and forecasted there “is no colonialism that can last so many centuries, eventually they fall”.

• Friday, June 20th 2014 - 07:21 UTC

  After all: Argentina seems willing to start discussions with Griesa and hedge funds

  

  After a day of fury and discussions with cabinet members, advisors and experts, Argentine president Cristina Fernandez will be sending a government delegation to New York to meet Judge Thomas Griesa and the hedge funds holdouts' solicitors and begin, hopefully, a round of negotiations to reach a settlement on the bonds litigation.

• Friday, June 20th 2014 - 07:05 UTC

  Felipe VI pledged to work for unity and diversity in Spain

  

  Spain's new king, Felipe VI, was sworn on Thursday in a relatively modest ceremony which monarchists hope will usher in a new era of popularity for the troubled royal household.

• Friday, June 20th 2014 - 06:50 UTC

  Uruguay advances details of third oil and gas bid round Punta del Este basin

  

  Uruguay has released a draft map of four ultra-deepwater and seven shallow-water blocks in the Punta del Este-Atlantic basin that will be on offer in the country’s third oil and gas bid round next year, officials said in Moscow this week, according to the oil and gas site Upstream.

• Friday, June 20th 2014 - 06:42 UTC

  Argentina's Supreme Court loss may serve as a wake-up call

  

  The following piece by Charles Lane published in the The Washington Post offers an interesting debate about future bailouts and sovereign debt restructuring, following on Argentina's case.

• Friday, June 20th 2014 - 06:34 UTC

  Colombia-Brazil consider closer links between Pacific Alliance and Mercosur

  

  Colombia and Brazil's presidents Juan Manuel Santos and Dilma Rousseff met in Brasilia to address regional and bilateral affairs and the possibility of closer links between the Pacific Alliance and Mercosur, which “are naturally complementary and do not compete among themselves”.

• Friday, June 20th 2014 - 06:19 UTC

  Mujica delivers Obama message to Castro: 'let's talk about lifting the trade embargo”

  

  Uruguay's president Jose Mujica delivered a message from Barak Obama to Cuba's Raul Castro proposing the opening of dialogue to discuss the blockade, reported the Montevideo media on Thursday. The occasion was the recent G77 summit held in Bolivia.

• Thursday, June 19th 2014 - 18:33 UTC

  Argentina says June 30 bond service in New York was made 'impossible' by lifting 'stay' order

  

  Payment of bond service due on June 30 in New York has been made “impossible” by Wednesday's lifting of a stay by a U.S. federal court, Argentina's economy ministry said on Wednesday, in a move that appeared to push the country closer to default.