Observers call U.S. Federal Judge Thomas Griesa’s contempt of court ruling against Argentina “absurd,” while an Ecuadorian diplomat calls on Latin Americans to unite in resisting groups like the so-called “Vulture Funds.”

Venezuela would request an urgent meeting of the Organization of the Petroleum Exporting Countries amid a drop in global oil prices, Foreign Minister Rafael Ramírez said. 

Costa Rica headed the ranking of infrastructure investment by using 5.4% of its GDP on infrastructure projects. 

Small producers change their production decisions to minimize the costs generated by the armed conflict.  

In the Panama Canal, freight tonnage and toll revenues are growing this year;  Guatemalan business owners hope to create a strategy to combat extortion through the Coalición por la Seguridad Ciudadana (Coalition for Citizen Safety), promoted and directed by the Fundación para el Desarrollo de Guatemala (Fundesa).

Reforms to the law on exploration and exploitation of geothermal resources were approved in the National Assembly. 

The Argentine Foreign Ministry has asserted that New York Federal district judge Thomas Griesa’s contempt ruling against Argentina is in clear breach of international law, while President Fernández de Kirchner accused the “vulture funds” of “economic terrorism,” and the United Nations Human Rights Council meeting in Geneva adopted a resolution condemning the holdouts. 

Intel expects a December launch of its Edison development platform in South America to spur a new generation of “internet of things” projects. 

The government of Venezuela pushes forward a communal economy model through the formation of more communal enterprises and community banks. 

A study points to the vulnerability of tall buildings in Cuba’s eastern region, the most seismically active area in the country.