Latest South America News
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At Least 19 Soldiers Killed in Niger Attack
Niger's government said at least 19 soldiers were killed Thursday in a gunbattle that followed twin bombings at a military base and a French-owned uranium mine. Security officials said the car bomb attack occurred outside a military barracks in the town of Agadez, located about 800 kilometers northwest of the capital, Niamey. A government spokesman said several attackers emerged from ...
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Brazil to Hold First Pre-Salt Oil Exploration Auction in October
RIO DE JANEIRO - Brazil will hold its first auction of pre-salt oil exploration acreage under the country's new production-sharing regime in October, one month earlier than expected. Brazil's National Energy Policy Council, or CNPE, announced the decision in Thursday's Federal Register. The first area up for bidding will be the Libra prospect, which local regulators estimate ...
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In Brazil Let The Lay-Offs Begin
Unemployment inched up in Brazil in April and is expected to end the year around 6.5%, according to the International Monetary Fund. After years of record low unemployment, lackluster investment by corporations, and sub par growth last year is finally weighing in. Earlier on Thursday, the Brazilian Institute for Statistics, known as IBGE, showed that the April unemployment rate rose to 5.8% ...
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Soldiers carrying 300 kilos of cocaine arrested in northern Colombia
According to the reports the two active soldiers and one retired major were arrested Tuesday in the municipality of Plato, Magdalena. The military members were arrested while trafficking the drugs along ...
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Zuluaga announces to run in ‘Uribista’ primaries
Colombia’s former Finance Minister Oscar Ivan Zuluaga on Wednesday officially announced his candidacy for the primaries of the Pure Democratic Center movement of former President Alvaro ...
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REUTERS SUMMIT-Colombia to tweak tax rules hunt foreign investors
Thu May 23, 2013 9:21am EDT * Foreign participation in TES market is about 4.5 pct * Gov't hopes tax clarification will boost foreign interest * Official hopes Colombia reaches levels closer to Peru, Mexico By Helen Murphy and Nelson Bocanegra BOGOTA, May 23 (Reuters) - Colombia hopes to attract more foreign money to its local bond market when it clarifies the text of a recent tax reform ...
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Argentina to further limit access to dollars-source
BUENOS AIRES | Thu May 23, 2013 9:16am EDT BUENOS AIRES May 23 (Reuters) - Argentines will face a higher barrier to buying dollars under a new government policy limiting the amount of greenbacks they can withdraw using credit cards overseas, a government source with knowledge of the policy told Reuters on Thursday. Double-digit inflation and lack of confidence in the government's ...
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Terror Attack in London
A police officer carries an evidence bag containing a knife near the scene of the killing of a British soldier in Woolwich, London, May 23, ...
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Amnesty Growing Danger for Refugees
Amnesty International says the world is growing more dangerous for refugees and migrants. The organization’s annual report says the rights of millions of people who have escaped conflict and persecution -- or migrated to seek work and a better life -- have been abused. to De Capua report on Amnesty International 2013 findings Amnesty says, "Another year has been lost for ...
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Argentina Repsol struggle to bridge gap over YPF compensation
, there seems little prospect of a quick deal on compensation despite signs that both sides would rather avoid a costly, drawn-out legal battle.The Latin American country's lack of funds and its limits on the control private firms have over their investments - which could deter Repsol from accepting other assets in any settlement - pose major obstacles to a deal, according to ...
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PT Q1 profit down 52 on Brazil forex impact
EUR634 .4 million, down 6.8% year-on-year, reflecting Portugal's challenging economic conditions and pricing pressure, as well as lower interconnection revenues among other factors. Brazilian telco Oi generated turnover ...
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Jamaica branch of Cuba-Venezuela cable goes live
ALBA -1 submarine cable, which connects the island with Venezuela, according to Doug Madory of internet analysis firm Renesys. Madory told The Associated Press that he detected new traffic between state-owned telecoms monopoly Empresa de Telecomunicaciones de Cuba (ETECSA) and Cable & Wireless Jamaica beginning 13 May 2013. 'They’re gaining some physical diversity there, so if ...
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Venezuela Suffers Through Toilet Paper Shortage
Venezuela is rich in oil, but relies on imports for many basic goods -- including toothpaste, soap and toilet paper. For weeks now the country has had a chronic toilet paper shortage. Lawmakers voted to approve a $79 million credit to the government to resolve the ...
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ELN took soldier prisoner in deadly northeast Colombia attack Army
Guerrillas of the ELN have taken one soldier prisoner in Wednesday attack that has so far cost the lives of ten soldiers and injured 11 others, authorities ...
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Venezuela toilet paper shortage sends ordinary lives around the bend
Venezuelans queue in Caracas to buy toilet paper. Last week the government announced an emergency shipment to boost supplies. Photograph: Jorge ...
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UPDATE 1-Brazil to hold oil auction in October one month early
Thu May 23, 2013 7:50am EDT * Production-sharing auction to be 1st under 2010 law * Sale to offer some of most promising offshore areas * Govt to include giant Libra prospect in sale RIO DE JANEIRO, May 23 (Reuters) - Brazil plans to hold an auction for rights to explore some of its most promising offshore oil and natural gas areas in October, one month earlier than expected. The government will ...
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STXNEWS LATAM-Brazils OSX fires 300 in restructuring -report
Thu May 23, 2013 7:48am EDT OSX Brasil SA, the shipyard and ship leasing company controlled by Brazilian billionaire Eike Batista, fired 300 employees as part of an effort to cut costs, O Estado de S. Paulo said on Thursday. According to Estado, which did not cite anyone as the source for the information, the company decided to slow down construction of a shipyard until receiving new orders. The ...
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Northern Ireland healthcare firm lands business in Brazil
Arlene Foster attended South America's largest healthcare exhibition.The company currently employs around 110 people and exports to 55 countries including the ...
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UAE President and Vice President Congratulate Argentina and Eritrea on National Day
May 23, 2013 - 02:22 - WAM ABU DHABI, May 23th, 2013 (WAM)-- Congratulatory cables were sent today by President His Highness Sheikh Khalifa bin Zayed Al Nahyan to the President of Argentina, Cristina Fernandez de Kirchner, and to the President of Eritrea, Isaias Afewerki, on the occasion of their respective countries' National ...
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British PM Seeks Answers to Terrorist Attack
British Prime Minister David Cameron was meeting Thursday with his top security advisers, one day after a man was butchered to death in broad daylight on a south London street near an army ...
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Syrian Opposition Meets on Proposed Peace Talks
The main Syrian opposition coalition is meeting in Istanbul for three days of talks that will include its potential involvement in proposed peace talks with the Syrian ...
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UN Chief Arrives in Goma After Renewed Fighting
United Nations Secretary General Ban Ki-moon has arrived in the eastern Democratic Republic Congo, where renewed clashes between rebels and army troops broke out this ...
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May 23 The PM’s P-tactics Prorogue and Peru – and other letters to the editor
Prime Minister Stephen Harper inspects an honour guard at Government Palace in Lima, Peru, on Wednesday, May 22, 2013. (Sean Kilpatrick/THE CANADIAN ...
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Raw 80-Year-Old Climbs Mount Everest
80-year-old Japanese mountain climber Yuichiro Miura reached the top of Mount Everest on Thursday. Miura is the oldest person to ever reach the Mount Everest summit. (May ...
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Brazil president says asylum offer to adulterous Iran woman is humanitarian gesture
The decision to give refuge to a convicted Iranian woman should be seen as a humanitarian act without political motives, said Brazilian President Luiz Inacio Lula da Silva. "I made the offer for humanitarianism, instead of politics," Xinhua quoted da Silva, as saying while referring to the case of Sakineh Mohammadi Ashtiani, 43, who has been convicted of adultery and sentenced to ...
Rio de Janeiro Digest
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Rio's uphill battle to host the Games
Rio de Janeiro has many aspects, it is the party capital of Brazil, the internationally recognized face of the country, the most visited city in Brazil, the crime capital of South America, a city with some of the highest drug use statistics and, more recently, the host city of the 2016 Summer Olympics. Winning that particular war has not been easy.
Rio de Janeiro, this bustling city of 6 million people (14 million if one includes the greater metro area) is the second largest city in Brazil and is famous for its statue Christ the Redeemer, which sits atop Corcovado Mountain and has looked down upon the city for almost 100 years. It is also famous for the internationally known Carnivale, the city’s samba schools, the fabulous beaches that grace our shoreline and Sugarloaf Mountain with its ancient cable car. Read more
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