Stories for 2007
Car sales in Chile soaring and clogging Santiago
A record 711.000 cars were sold in Chile's Metropolitan Region in 2006, up 7.6% more vehicles than last year.
Pickets playing cat and mouse with Buenos Aires ferry terminal
Officials from the Buenos Aires-Uruguay ferry shuttle company renewed their call for confidence among passengers following an informal “intelligence gathering” operation by picketers who are protesting the construction of a pulp mill in Uruguay and have promised “disruptions” this coming Friday.
Reborn Ortega takes office praised by Chavez and Bush
Former Marxist guerrilla and United States Cold War enemy Daniel Ortega was sworn in as Nicaraguan president on Wednesday 16 years after voters tired of a civil war with Contra rebels threw him out of office.
Argentine reserves yield a record of nearly 1.4 billion dollars in 2006
Argentina's Central Bank in 2006 obtained nearly 1.4 billion dollars out of investing its foreign currency reserves at a yearly yield of 5.7 percent – the highest since a crippling five-year recession ended in 2002 — and close to the 1.47 billion dollars the country reportedly spent last year in subsidies to keep inflation under two digits.
Chavez announces nationalization of oil and telecoms
President Hugo Chavez announced plans on Monday to nationalize Venezuela's electrical and telecommunications companies, pledging to create a socialist state in the spirit of the Bolivarian revolution.
Insulza branded an “idiot”
Chavez's nationalization announcement came in his first speech of the year, a fiery address in which he used a vulgar word roughly meaning “idiot” to refer to Organization of American States Secretary-General Jose Miguel Insulza.
US and EU ratify commitment to the Doha trade round
United States president George W Bush and the European Commission president Jose Manuel Barroso ratified Monday their commitment to seek fresh ways of overcoming differences and reaching an agreement on the Doha Round trade talks.
Brazil willing to inject “greater cohesion” to Mercosur
Brazil has plans to grant economic and trade aid to Bolivia, Paraguay and Uruguay in an attempt to give South America's main trade grouping Mercosur, “greater cohesion”, according to the financial press of Sao Paulo.
Argentine anchovy fishery may damage South Atlantic ecosystem
The indiscriminate Argentine anchovy (Engraulis anchoita) fishing in the southern zone of Argentina could inflict serious damage to Magallanic penguins, whales, seals and sea lions population numbers, warned a study published in prominent scientific magazine Science.
Peru pushes to make Inca city one of world wonders
PERU'S government, seeking to boost tourism in the Andean country, is urging residents and visitors to vote for the ancient Inca site of Machu Picchu as one of the world's new seven wonders.
