Several Caribbean states and Nicaragua announced this weakened they will bar from their ports any vessel flying the Malvinas flag, according to a release from the Argentine Ministry of Foreign Affairs.
Spain’s Banco Santander said that 2011 net profits reveal the growing importance of its Latin America operations which contributed with 51% of the bulk. Last year net profits totalled 5.4 billion Euros, down from 8.2 billion Euros in 2010.
Latin American growth this year should stay under the 4% estimated previously at 3.6% since the region is susceptible to the slowing down of the world’s economy and increasing risks of the financial crisis on the Euro zone, according to the IMF World Economic Outlook released Tuesday.
UK Foreign Secretary William Hague said that it is important to commemorate the 30th anniversary of the Falkland Islands conflict, but aside from some sabre rattling from Argentina, the rest of Latin America is interested in trade and development.
United States sent a strong message to Latin American countries preparing to host Iranian president Mahmoud Ahmadinejad saying Washington’s policy regarding the Teheran regime is “very well known”.
Latin American economies face a recession and a credit squeeze if Europe's debt crisis worsens, director of the IMF Western Hemisphere Department Nicolas Eyzaguirre said on Wednesday.
By Nouriel Roubini (*) - The outlook for the global economy in 2012 is clear, but it isn’t pretty: recession in Europe, anemic growth at best in the United States, and a sharp slowdown in China and in most emerging-market economies.
Hasan Tuluy, a Turkish national and a strong supporter of inclusive growth, will become the new World Bank Vice President for Latin America and the Caribbean (LAC) as of January 1st, 2012. Mr. Tuluy will oversee the Bank’s lending, knowledge, and poverty-fighting operations in the region, which totalled 9.6 billion dollars in fiscal year 2011.
The Iranian president Mahmud Ahmadinejad will be travelling to Latinamerica in the second week of January 2012 to visit Venezuela, Nicaragua, Cuba and Ecuador, announced the Teheran presidential office, according to a report from the official news agency FNA.
By Ian Dunt @IanDunt<http://twitter.com/iandunt - “The protection of peoples' self-determination to choose their own government is the protection of the weak from the strong”