Tag: Latin America

• Thursday, February 15th 2018 - 01:14 UTC

  United States Travel Advisory for Uruguay

  

  The United States Travel Advisory for Uruguay offered a not very encouraging description of the country for foreign visitors but anyhow is well distanced from most of the rest of Latin American, and neighbors.

• Wednesday, February 14th 2018 - 09:04 UTC

  Another blow for Oxfam: chairman Fuentes arrested for his time as Guatemala finance minister

  

  The chairman of the charity Oxfam International, Juan Alberto Fuentes, has been arrested in Guatemala. Fuentes was detained as part of an investigation into a corruption scandal dating back to his time as Guatemala's finance minister, but no charges have been brought so far.

• Friday, February 9th 2018 - 19:58 UTC

  Cancelled Machu Picchu airport triggers international dispute between Peru and contractors

  

  The Peruvian-Argentine consortium Kuntur Wasi said that it plans to sue Peru in an international arbitration court after failing to reach a deal with the government over the cancellation of its US$525 million Chinchero airport project.

• Saturday, February 3rd 2018 - 10:07 UTC

  Ecuador's Sunday referendum could annul Correa's aspirations of reelection

  

  When Ecuadorians vote on Sunday barring former president Rafael Correa from re-election, they will also be choosing whether to buck a trend across South America in which overbearing former presidents just can’t let go of power.

• Saturday, January 27th 2018 - 08:57 UTC

  Tillerson's first tour of several Latin American countries in early February

  

  United States Secretary of State Rex Tillerson will travel to Austin, Texas, and then to Mexico City, Mexico; Bariloche and Buenos Aires, Argentina; Lima, Perú; Bogotá, Colombia; and Kingston, Jamaica on February 1-7. According to a release from the State Department, Secretary Tillerson will engage with regional partners to promote a safe, prosperous, energy secure, and democratic hemisphere.

• Monday, January 22nd 2018 - 23:26 UTC

  No matter what, Brazil's 2018 election will be controversial

  

  Brazil will head to the polls on October 7 in what is set to be the most polarizing presidential race in living memory. While the final ballot is beginning to take shape, there is still a question mark over the candidacy of former president Luiz Inácio Lula da Silva (Workers’ Party), who may be ineligible to run after his impending appeals court decision on charges of corruption. The imbroglio surrounding Lula guarantees that however the 2018 election turns out, both sides will feel they have reason to call foul play.

• Friday, January 5th 2018 - 10:20 UTC

  Argentina sells US$ 9bn in bonds, “at the lowest yields in the country's history”

  

  Argentina sold US$ 9 billion in a three-part dollar bond issuance that was oversubscribed on Thursday, covering nearly a third of its expected financing needs for 2018 early in the year. Latin America’s third largest economy sold US$1.75 billion in five-year bonds at a yield of 4.625%, US$ 4.25 billion of 10-year bonds at 6% and US$3 billion in 30-year bonds at 7%, the ministry said. It said the yields were the lowest in Argentina’s history.

• Thursday, December 28th 2017 - 09:44 UTC

  Latin America has started to look seriously at Indian economy and opportunities By R. Viswanathan  

  

  Latin America's GDP growth is projected to increase to 2.2% in 2018 from 1.3% in 2017. The Pink Tide  has receded for the moment, giving rise to more centre right governments in the region. In 2018, Brazil, Mexico, Colombia, Costa Rica, Paraguay and Venezuela will have presidential elections. Venezuela’s political and economic tragedy could get worse.

• Saturday, December 23rd 2017 - 09:13 UTC

  Ecuador constitutional court allows process to dismiss imprisoned ex vice-president

  

  Ecuador's Constitutional Court gave lawmakers authority to start proceedings aimed at dismissing Vice President Jorge Glas -- in prison for graft -- from office. The court's judges gave unanimous backing to the National Assembly to go ahead with the procedure.

• Tuesday, October 6th 2015 - 07:40 UTC

  Latin America forecasted to contract 0.3% this year and 0.7% growth in 2016

  

  The United Nations Economic Commission for Latin America and the Caribbean, ECLAC, forecasted a downward trend in the region’s economic activity for 2015 to -0.3% from 0.5%, and estimates that for 2016 growth will be close to 0.7%.