Argentina and Brazil Foreign Affairs ministers said in Sao Paulo both countries are committed that the next Summit of the Americas to be held in April in Colombia is the last without the participation of Cuba.
Economic growth in Latin America should speed to 4.5% in 2013 thanks to monetary stimulus and steadier global conditions, raising the risk of policy complacency, the Institute of International Finance said on Thursday.
United States Air Force Commander, General Douglas Fraser, in charge of the US Southern Command, stated before Congress that the Department of Defence is “watchful for potential geopolitical turbulence that could impact US citizens,” and highlighted the uncertainties of Venezuela’s President Hugo Chávez health and economic instability.
Large capital inflows to Latin America have resumed in recent months, which may result in a threat of overheating and asset price bubbles if they continue, according to a Capital Economics report.
Argentine pro-government and opposition legislators decided to postpone until Saturday the trip to Tierra del Fuego to present the document that will be the base for the “State policy” regarding the sovereignty claim over the disputed Malvinas Islands.
Spain’s main corporations are freezing investments in Latinamerica this year with no chances of an increase given the risk of the global financial crisis hitting negatively in the region, particularly Brazil and Mexico.
On the 45th anniversary of the treaty that created a nuclear-weapon-free zone in Latin America and the Caribbean, Secretary-General Ban Ki-moon hailed the pact as an example of how regional initiatives can advance global norms on nuclear disarmament, non-proliferation and the peaceful use of atomic energy.
Brazilian Foreign Minister Antonio Patriota and his visiting German counterpart Guido Westerwelle on Monday called for signing a free trade agreement between the European Union and the South American trade bloc Mercosur.
European and Latin American personalities underlined the peril of falling prey to short term results and forget the long term relation between the two regions which is expected to be re-launched following the French presidential election next April.
US Acting Assistant Secretary of State for Western Hemisphere Affairs Roberta S. Jacobson travels this week to Peru and Argentina to meet with government, business, and civil society members in these key regional partners.