Daily Headlines: August 14, 2014

* Argentina: In the latest chapter of Argentina’s legal battle with holdout creditors, cabinet chief Jorge Capitanich defied a contempt of court threat and claimed, “The proper conditions do not exist to negotiate.”

* Latin America: A International Labor Organization report found that approximately 35 million young Latin Americans are affected by the region’s unemployment crisis including some 27 million who “work in the underground economy with no rights or benefits.”

* Venezuela: Colombia’s foreign minister contradicted claims made by the neighboring Venezuelan government regarding the nightly closing of their 1400-mile border in order to prevent smuggling of gasoline and food.

* Chile: Will a major earthquake more powerful than an 8.2-magnitude tremor that occurred in April soon strike in Chile?

Video Source – Bloomberg News via YouTube
 
Online Sources – The Latin Americanist; Reuters; Xinhua; Smithsonian; Xinhua