Latin America Current Affairs - 2020

World Economic Situation and Prospects 2019: Challenges in attaining SDG

The United Nations report World Economic Situation and Prospects 2019 discusses various challenges in attaining the sustainable development goals. The challenges listed are: Economic growth is uneven and is failing to reach where it is most needed. Per capita incomes would stagnate or grow only marginally in 2019 in several parts of Africa, Western Asia, Read More…

Global Talent Competitive Index: Key Facts

The Global Talent Competitive Index prepared by the INSEAD business school in partnership with Tata Communications and Adecco Group was released on the first day of the World Economic Forum (WEF) Annual Meeting 2019. The Global Talent Competitive Index measures how countries and cities grow, attract and retain talent, ranking 125 countries and 114 cities across all Read More…

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Peru approves medicinal use of marijuana

The Peruvian Congress has approved a bill to authorises the medicinal and therapeutic use of cannabis (marijuana) in the country. It makes production, import and commercial sale of marijuana and its derivatives legal. With this Peru became sixth country in Latin America to legalise cannabis. Uruguay was first in 2013, allowing sales of cannabis any Read More…

Union Cabinet approves Agreement between India and Uruguay for Cooperation in Customs Matters

The Union Cabinet has approved signing and ratifying an Agreement between India and Uruguay for cooperation and mutual assistance in Customs Matters. The Agreement will help both countries in the availability of relevant information for the investigation and prevention of Customs offences. Key Facts The Agreement is also expected to facilitate trade and ensure efficient Read More…

Colombia Government, FARC rebels sign revised Peace Agreement

Colombian Government has signed revised peace agreement with the country’s largest rebel movement, Revolutionary Armed Forces of Colombia (FARC). The revised document was signed between President Juan Manual Santos and FARC leader Rodrigo Londono in Bogota, capital city of Colombia. This is the second attempt undertaken by Colombian Government to end Latin America’s longest-running conflict Read More…