Stories for April 2010
For the second year in a row, Chile is the safest country of Latin America, a study carried out by FTI Consulting (International Forensic Technologies) showed. Chile shares this position with Uruguay and Costa Rica, as it has since 2009.
Finland’s pulp and paper manufacturer UPM's (OMX: UPM1V) Fray Bentos unit in Uruguay proved overwhelmingly the most profitable, helping to boost an otherwise first quarter profit of the year which was described as “unsatisfactory” by CEO Jussi Pesonen.
Honduras President Porfirio Lobo confirmed he would be participating of the European Union-Latin America-Caribbean summit scheduled to take place in Madrid next May 18. Lobo said he was officially invited in March and that a couple of weeks ago Spanish Foreign Secretary Miguel Angel Moratinos rang on the phone to tell him “we will be waiting for you”.
Oil started washing ashore on the US Gulf Coast from a leaking offshore well, the US Coast Guard reported. Up to 5,000 barrels of oil a day are thought to be spilling into the water after last week's explosion on a BP-operated rig (NYSE:BP), which then sank.
Bolivian president Evo Morales again referred to the harmful effects of consuming transgenic food, a week after he triggered an international outrage when he said that eating chicken, manipulated with hormones, caused “sexual deviations and boldness” in men.
British Prime Minister Gordon Brown made on Thursday a plea to voters not to risk change as he sought to salvage Labour's election campaign in the final TV debate before polling day.
An overwhelming majority of Uruguayan children between the ages of 6 to 11 regularly use Internet according to a recent report from consultants Radar. The Seventh Profile on Uruguay’s Internauts shows that 85% of children use the net which represents a 30% increase over 2008 when the rate was 55%.
A Korean jigger was arrested this week in the South Atlantic by the Argentine Coast Guard allegedly for illegal fishing and a catch of 80 tons of squid was seized.
LAN (NYSE: LFL), Chile's dominant airline and flag carrier, announced Thursday it would invest 2.83 billion US dollars between 2010 and 2013 to expand its fleet. CEO Jorge Awad told a shareholder meeting the company would invest 500 million USD in 2010 and 1 billion USD in 2011 to purchase both short and long-haul aircraft.
The book “Gibraltar y el Foro tripartito de Diálogo” that was recently published by the University of Cádiz, was presented in Gibraltar earlier this week. Gibraltar’s Minister for Culture coordinated the presentation at a press conference in the Mackintosh Hall.