Archive | Current Affairs

Colombia: Santos Calls for Re-launch of National Peace Council

Yesterday President Juan Manuel Santos announced his intention to re-form Colombia’s national peace council. The decision came after a meeting with the Commissions for Peace of the Colombian Congress. The president declared his desire “to revive and summon” the peace council and spoke of a need to “update its make-up and function”. With that in […]

Posted in News From Latin America, Round Ups Latin America0 Comments

New ‘Evita’ Hundred Peso Bill in Circulation

The Argentine Central Bank (BCRA) announced today that the new hundred peso notes commemorating the 60th anniversary of Eva Perón’s death are now officially in circulation. The BCRA reported that first batch of 20 million hundred peso notes would go on the streets today. The notes carry new security measures that include watermarks featuring a […]

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UNASUR Brands Venezuelan Electoral System ‘Advanced and Reliable’

Carlos ‘Chaco’ Alvarez, the head of a UNASUR mission to Caracas that will oversee the coming election, yesterday declared his support for the Venezuelan electoral system. Upon arrival in Venezuela’s capital city, ahead of the October 7th election, Alvarez announced “Venezuela has one of the most advanced and reliable electoral systems from the region and […]

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Mexican President-Elect in Official Visit to Argentina

Argentine President Cristina Fernandez de Kirchner and Mexican president-elect Enrique Peña Nieto are set to meet in Buenos Aires later today. Peña Nieto will meet with Fernandez at the Casa Rosada upon his arrival from Chile, his latest stop on his first official Latin American tour as president-elect.

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2013 Budget Proposal Submitted to Congress

Economy Minister Hernán Lorenzino delivered the 2013 budget proposal to Congress today, giving the nation a peek into the executive branch’s vision for the coming year. The proposal predicts an exchange rate of $5.10 to the dollar, growth at 3.4%, and growth in investment at 7.4%. The official inflation rate is estimated to hit 10.7% […]

Posted in News From Argentina, Round Ups Argentina2 Comments

U.S. Drug Enforcement Agency (DEA) Reopens in Uruguay

After 15 years, the DEA is reopening its office in Uruguay because of the growing transit of cocaine in the region.

Posted in News From Latin America, Round Ups Latin America0 Comments

Subte Subsidies Absent from Buenos Aires’ 2013 Budget

Treasury Minister for the Buenos Aires Néstor Grindetti announced this morning that the city’s 2013 budget will not include subsidies for the capital’s subway system (“the Subte”). The news comes just ten days after a similar announcement from the national government stating that it will not dedicate funds to Subte subsidies in its 2013 budget […]

Posted in News From Argentina, Round Ups Argentina1 Comment

Life Expectancy in Latin America 45 Years Higher than in 1900

Average life expectancy in Latin America rose from 29 years in 1900 to 74 years in 2010 according to a study released today by the Pan American Health Organization (PAHO).

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President Introduces Workers’ Compensation Reform

President Cristina Fernández de Kirchner announced yesterday that she will send a proposal to Congress today amending the current Work Injury Law that modifies the terms by which workers seek compensation for work-related injuries. During the same appearance, the president also announced a decree that permits the establishment of not-for-profit workers’ compensation insurance collectives. President […]

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Violent Storms in South America Leave Nine Dead

Storms with 100 km/hr winds hit Paraguay, Argentina, Bolivia and Uruguay early Wednesday morning, leaving nine people dead. Asunción, the capital of Paraguay, was hit the hardest with over 5,000 houses destroyed, according to the Secretary of National Emergency (SEN). Storms in Asunción had winds above 140 km/hr causing electricity outages and damage to roads. […]

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