Palestinian National Authority (PNA) President Mahmoud Abbas has welcomed Paraguay's recognition of a free and independent Palestinian state in the territories occupied by Israel in 1967.
United States Secretary of State Hillary Clinton has praised the “important” role Spain plays in Latin America and said the nation is a “great defender” of human rights in the region.
United States President Barack Obama has announced that he will pay his first visit to Brazil and other South American countries in March.
The International Monetary Fund (IMF) has warned of the risks of inflation and overheating of the economy in Latin America, at a forum held in Paris.
The dynamics of the past few months regarding the price of oil, prime materials and food stuffs, worryingly reminds us of what happened to the world economy mid-2008. At the time the sky high price of oil – which reached U$147 a barrel - and the food crisis caused havoc.
Latin America and the Caribbean experienced rapid employment recovery in 2010 to pre-crisis levels, but the challenge of improving the working conditions of millions of workers still remains, according to data provided by the ILO, which will hold its 17th American Regional Meeting in Chile next week with delegates from 35 countries of the continent.
The UK's Standard Chartered will focus on serving Latin American clients in segments requiring direct access to Asia, Africa and the Middle East, the bank's head of private banking in the Americas, John Leto, told BNamericas, saying he plans to double its private banking assets in the region in two years.
Latin American governments are increasing dengue prevention campaigns after more than 1.5 million people in the region were infected and over 1,000 died of dengue in the past year.
“It is Guyana's hope that the increasing recognition of the state of Palestine will contribute to a resolution of the Israeli-Palestinian conflict and the creation of lasting peace and stability in the region,” the foreign ministry said in a statement last week.
The World Bank’s 2011 Global Economic Prospects (GEP) report predicts that Chile will be the fastest-growing economy in Latin America and the Caribbean, while the latter’s growth slows down.