Latest South America News
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STXNEWS LATAM-Brazil stock ratings price targets for Wednesday
Wed May 22, 2013 9:01am EDT The following is a list of price target and rating activity for Brazilian stocks on Wednesday: 1) JPMorgan Securities analyst Ken Worthington raised the price target for shares of Brazilian financial bourse operator BM&FBovespa SA to 16 reais from 14 reais, citing "higher valuations that global exchanges are again commanding in the market place on what we believe ...
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Eric Garcetti Wins Los Angeles Mayors Race
After receiving a concession call from Wendy Greuel shortly after 2 a.m. Wednesday, Garcetti tweeted his supporters: "Let's make this city great ...
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More Fighting in DRC City Ahead of Bans Arrival
Wednesday's fighting outside the city of Goma marks the third straight day of clashes between the Congolese army and rebel group M23. Witnesses say an artillery round landed in Goma's Ndosho neighborhood, killing one person and injuring three others. There was no indication which side launched the round. Mr. Ban arrived in the DRC capital, Kinshasa, on Wednesday, at the start ...
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ON Telecom picks Aircom for LTE design optimisation in Brazil
Aircom International, a leading independent software and solutions provider for improved network performance, has inked a contract deal with Brazilian wireless broadband start-up ON Telecom, for the design and optimisation of its new Long Term Evolution (LTE) network. The newcomer intends to leverage ...
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Ezentis secures fixed network contract from Telefonica de Argentina
In a statement to the Madrid stock exchange, Spanish telecoms and technology group Ezentis has announced that its Argentine subsidiary, Radiotronica, has been awarded a contract by fixed line telco Telefonica de Argentina. The deal, which is valued ...
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Brazil consumer prices rise 0.46 pct in month to mid-May
SAO PAULO, May 22 (Reuters) - Brazil's benchmark IPCA inflation index rose 0.46 percent in the month to mid-May, slightly below the median of analysts' forecasts, government statistics agency IBGE said on Wednesday. The index had been expected to rise 0.49 percent in the period, according to the median forecast of 26 analysts surveyed by Reuters. Estimates ranged from 0.38 percent to ...
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Is South America’s latest strongman a woman
LIMA, Peru - High heels and mascara may be the last things that spring to mind when talking about Latin America’s pantheon of authoritarian strongmen. Yet for her opponents, the latest controversial move of Argentina’s immaculately made-up president, Cristina Fernandez de Kirchner, has cemented her place in the region’s ...
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Uruguays Mujica sends media bill to Congress
MONTEVIDEO - Uruguay’s government yesterday sent the Audiovisual Communication and Services bill to Congress. The bill is "extremely important to the country," President Jose Mujica said during a government meeting yesterday. The new law is meant to "regulate radio and television sectors as well as other audiovisual communication services," according to a draft sent to ...
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Harper in Peru for trade talks amid Senate expense scandal
Prime Minister Stephen Harper arrives in Lima on Tuesday as part of a four-day trip to South America to talk about trade and bilateral relations. (Sean Kilpatrick/Canadian ...
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Reuters Summit Argentina plans to protect seed tech
By Nicols MisculinBUENOS AIRES (Reuters) - Grains powerhouse Argentina aims to improve its soy and corn output by adopting a law securing the rights of seed companies to protect their genetic modification technology, a government minister said on Tuesday.The government plans to send a bill to Congress late this year to stop big plantations from using seeds from genetically-modified plants ...
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EU Leaders Hold Energy Summit
European energy costs are high, in contrast with those in the United States where new shale oil and gas resources have sent prices tumbling. EU President Herman Van Rompuy, the host of the summit meeting, says Europe risks becoming the only continent to depend on imported energy. However, shale oil and gas production present a potentially high environmental risk. Critics say hydraulic ...
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French Writer Commits Suicide at Notre Dame in Paris
French policemen cordon off in front of Paris' Notre Dame Cathedral following the evacuation of the after a man shot himself dead in front of the altar, May 22, ...
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Harper test-drives new extractive industries approach to aid in Peru
Prime Minister Stephen Harper arrives in Lima, Peru on Tuesday, May 21, 2013. Following his visit Harper will travel to Cali, Columbia for the Pacific Alliance summit. THE CANADIAN PRESS/Sean ...
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Chinas Premier Seeks Stronger Ties with Pakistan
A soldier walks near a bus as he helps to secure the area and clear the roads before the motorcade of Chinese Premier Li Keqiang passes by in Islamabad, May 22, ...
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Ai Weiwei Releases Provocative Heavy Rock Music Video
Chinese rebel artist and rights activist Ai Weiwei has released a provocative new heavy rock music video that recreates his 81 days in secretive police ...
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It’s back to basics for Venezuela
A customer leaves a private supermarket with her purchases, including toilet paper, in Caracas, Venezuela. First milk, butter and coffee ran short. Now Venezuela is running out of the most basic of necessities - toilet ...
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Ahmadinejad Criticizes Aides Election Ban
Iranian President Mahmoud Ahmadinejad is speaking out in defense of a close aide whom authorities have barred from running in next month's presidential ...
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Imran Khan leaves Pakistan hospital two weeks after forklift fall
Imran Khan has left hospital more than two weeks after he suffered serious back injuries in a fall from a forklift at a campaign event, a spokesman has said.Khan will remain at his home in the eastern city of Lahore for a while so doctors can monitor his progress, said the spokesman for the ...
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Venezuela is running out of toilet paper
Supermarket staff work next to partially empty shelves of toilet paper in Caracas, May 16, 2013. Supplies of food and other basic products have been patchy in recent months, with long queues forming at supermarkets and rushes occurring when there is news of a new stock ...
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US Homeland Security Secretary to Survey Tornado Response
U.S. Secretary of Homeland Security Janet Napolitano travels to Oklahoma on Wednesday to assess recovery efforts in the city of Moore, where a devastating tornado killed at least 24 people and injured 240 ...
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Venezuela moves to relieve toilet paper shortage
CARACAS (AFP) - Venezuela's National Assembly approved a $79 million credit to import toilet paper and other personal hygiene products to relieve shortages in the petroleum-rich state.The South American OPEC member has the world's largest proven oil reserves but has wrestled with periodic shortages of several consumer goods since price controls were imposed in 2003 under the late ...
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Notre-Dame de Paris suicide a political act – far-rightist Marine Le Pen
France's far-right party leader Marine Le Pen has paid tribute to the man who killed himself in the Notre-Dame de Paris cathedral, saying it was a "political ...
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SkyWest buys 40 jets from Brazil
(34 mins ago) Brazilian aircraft maker Embraer on Tuesday announced the sale of 40 E-175 jets to U.S. carrier SkyWest. SkyWest will operate the aircraft under a Capacity Purchase Agreement with United Airlines, Xinhua news agency reports. According to Embraer, before the sale of 40 E-175 jets, the company has made contracts with United Airlines for 30 E-175 jets last month. In addition to ...
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Ex-Ford Motor executives charged with Argentina brutalities
(40 mins ago) Three former Ford Motor Co executives have been charged with crimes against humanity for allegedly targeting Argentine union workers for kidnapping and torture after the 1976 military coup. All three men are now in their 80s. Their case is part of a new wave of prosecutions focusing on corporate support for the dictators who ran Argentina in 1976-1983, and the 150-page indictment ...
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Uruguay joins the women’s presidential club Mujica flies to China and Astori to Colombia
For several days beginning Wednesday Uruguay, as its neighbours, Brazil and Argentina will be ruled by a woman. Lucia Topolansky, Fist Lady but also Senator and third in the succession line will become interim president since her husband is off on an official trip to China and Europe, and Vice-president Danilo Astori will be attending the Alliance of the Pacific summit in ...
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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