Latin America
Latin AmericaArgentina, Chile lead the region in illicit drugs consumption
Argentina, Uruguay and Chile have the highest index of illicit drugs consumption in South America according to the latest release from the United Nations Office on Drugs and Crime.
Bolivian bitter political dispute on collision course
Bolivian president Evo Morales accused opposition governors on Wednesday of conspiring against his government and insisted he would not yield to conservative pressures to impede him from his plans for the “re-foundation” of the country, one of the poorest of the continent.
Chile prepared to cut Armed Forces copper earnings share
José Pablo Arellano, CEO of Chile's state-owned CODELCO copper company, this week questioned the utility of a Pinochet-era law that gives 10% of CODELCO sales to the Chilean military.
Ecuador Colombia relations back in the cold and trade threats
Ecuador will not resume diplomatic ties with Colombia after the latter decided to postpone renewal of relations, Ecuadorian Foreign Minister Maria Isabel Salvador announced this week in Quito.
Chavez arms shopping in Russia to defend “revolution”
President Hugo Chavez said that Venezuela will continue to strengthen its military power following the announcement that vice president Ramon Carrizalez and Defence minister General Gustavo Rangel Briceño would be traveling to Russia to intensify military cooperation.
Cristina among the three worst rated presidents
Six months into office Argentina's president Cristina Fernandez de Kirchner honeymoon with the electorate is over and under. Her standing is also at the bottom rock of a list of Latinamerican and US leaders according to the latest public opinion poll from the renowned Mexican consulting firm Mitofsky.
Venezuelan economy displaces Argentina as third largest
Venezuela will replace Chile as the country with the region's highest GDP per capita and Argentina as the region's third-largest economy, according to a Latin Business Chronicle analysis of data from the International Monetary Fund (IMF).
Punta Arenas short of staples because of farmers' conflict
Punta Arenas in the extreme south of Chile is suffering a critical shortage of staples mainly sugar, rice and flour as a direct consequence of the Argentine farmers conflict that has been dragging for over 100 days.
Venezuela formalizes nationalization of cement industry
Venezuelan President Hugo Chavez's nationalization of three foreign-owned cement businesses took effect on Thursday with the publication of the resolution in the Official Gazette according to the government run Bolivarian News Agency.
EU lifts Cuba sanctions to the dismay of U.S.
The European Union agreed to lift limited sanctions against Cuba, a hotly contested move designed to encourage the country's new government under Raúl Castro to liberalize
