Seoul, March 18 (IANS) South Korea’s auto exports fell 20.8 per cent from a year earlier in February due to a decline in the number of working days for the month, government data showed on Wednesday.The combined value of automobile exports came to US$4.8 billion last month, according to the data from the Ministry of Trade, Industry and Resources, reports Yonhap news agency.February’s performance was due to a drop in the number of working days for the month amid the Lunar New Year holiday, the mi…
Latest Latin America News & Updates
Washington, March 7 (IANS) U.S. President Donald Trump announced Saturday the creation of a new multinational military alliance aimed at destroying criminal drug cartels across the Western Hemisphere. Speaking at the inaugural Shield of the Americas Summit, Trump said the new initiative would unite governments and militaries in a coordinated campaign against organised crime networks.“On this historic day, we come together to announce a brand new military coalition to eradicate the crimin…
Washington, March 7 (IANS) U.S. President Donald Trump said Saturday that Cuba’s communist government is nearing its end and suggested that Washington could soon reach a new agreement with Havana. Speaking at the Shield of the Americas Summit, Trump said the island nation was facing severe economic difficulties and could soon undergo political change.“Cuba’s at the end of the line,” he said. “They have no money, they have no oil. They have a bad philosophy. They have a bad regime that’…
New Delhi, Feb 21 (IANS) India’s Unified Payments Interface (UPI), the world’s largest real‑time payments system, has proved that inclusion and scale can go together and that a “public, interoperable model can surpass private networks,” a new report said.The report from Interest.co.nz said it offers a template for developing countries in Asia, Africa and Latin America to achieve rapid digital‑payments growth without dependence on multinational corporations.”It is no wonder that internati…
New Delhi, Feb 18 (IANS) The ‘India AI Impact Summit 2026’ in the national capital is being seen as refreshingly different from the discussions on AI in the US and Europe as it focuses on a more pragmatic, inclusive vision centred on human progress and equitable growth.“Hosted by the world’s largest democracy and the first major AI summit in the Global South, it challenges the prevailing narrative and positions India as a credible bridge-builder in a fractured technological landscape,” acc…
New Delhi, Feb 12 (IANS) India now has market access to 70 per cent of global GDP, in most cases at zero duty for domestic products, Union Commerce and Industry Minister Piyush Goyal said on Thursday.Speaking at an event here, Goyal said that nine Free Trade Agreements (FTAs) have been concluded in the last three years, covering 38 countries with strong per capita incomes, and most developed markets now have trade arrangements with India.“Agreements include the 27-nation EU bloc, four-nation E…
Washington, Feb 6 (IANS) China has lost its influence over two strategic ports in Panama this year, a report stated while highlighting what it said appears like a bad start to the year for the Chinese Communist Party in Latin America. “What’s more, the Cuban dictatorship began to crumble, and Latin America is generally slamming the door on buying military equipment from Beijing,” Arturo McFields, an exiled journalist and former Nicaraguan Ambassador to the Organisation of American States, wrot…
New Delhi, Feb 3 (IANS) Slashing global aid, particularly by the US and European countries, will reverse decades of progress in fighting diseases, and lead to 22.6 million additional deaths in people of all age groups, including children under five years of age, by 2030, warned a new study published in The Lancet Global Health on Tuesday.The peer-reviewed study led by the Barcelona Institute for Global Health (ISGlobal), in Spain, showed that the additional deaths will be across 93 low- and midd…
United Nations, Jan 30 (IANS) Secretary-General Antonio Guterres has said that Asia is underrepresented on the Security Council’s roster of permanent members, and this should be rectified.Speaking to reporters on Friday (India time) about his priorities for the year, he pressed for reforming the Council because “the centrality of the peace and security system lies in the UN and within” it.While as the secretary-general he could not say what the reformed Council should be, his personal opinio…
Washington, Jan 30 (IANS) The Trump Administration’s new US National Defense Strategy marks “one of the most significant departures” in US defence priorities since World War II, experts said, describing a turn toward homeland and Western Hemisphere missions and tougher expectations for allies.“As written, the National Defense Strategy represents one of the most significant departures in the transatlantic defense relationship and really, in US defence priorities and postures that we’ve se…