Latin America

Latin America
Thursday, September 24th 2009 - 10:59 UTC

Peru blasts military expenditure and arms purchases in Latinamerica

How many millions of children could be fed and educated with those funds asked President Alan García

Peruvian president Alan García demanded Wednesday that the Organization of American States, OAS, help contain the arms purchasing spree in Latinamerica, an issue that has created irritation and disputes among several countries of the region.

Thursday, September 24th 2009 - 09:21 UTC

Lula da Silva calls on international community to reinstate Zelaya

Ban Ki-moon withdraw support for Honduras November presidential election

Brazilian President Lula da Silva said the international community demands the reinstatement of ousted Honduran leader Manuel Zelaya. Addressing the United Nations, Lula da Silva used the situation in Honduras as an example of where greater global political will was needed.

Thursday, September 24th 2009 - 09:06 UTC

Barclays’ upbeat about Latam’s “remarkably strong” recovery in 2010

Growth estimate for the region has been raised from 3.6% to 4.4%

Latin America’s economic recovery will be “remarkably strong,” bolstering currencies and spurring interest rate increases in 2010, Barclays Plc said.

Thursday, September 24th 2009 - 08:51 UTC

Chilean pulp company expands into Brazil; becomes major global player

CMPC/Aracruz Cellulose operation includes 212.000 hectares with eucalyptus

Chile's blue-chip Ipsa index ended up 0.7% Wednesday, reaching a year high following Chilean pulp and paper products manufacturer Empresas CMPC SA expansion into Brazil, which would position the company among the five leading producers of the world.

Thursday, September 24th 2009 - 08:39 UTC

South America unifies position on regional migratory policy

Laura Thompson from the IOM said it was crucial to help migrants from becoming victims of the global crisis

The 9th South American Conference on Migration ended Tuesday in Ecuador with the approval of the “Quito Declaration” aimed at harmonizing the regional migratory policy of the twelve participant countries.

Wednesday, September 23rd 2009 - 13:04 UTC

Honduras leader 'willing to talk'

Ousted President Manuel Zelaya and facto leader Roberto Micheletti

Honduran interim leader Roberto Micheletti says he is willing to talk to deposed president Manuel Zelaya, barricaded in the Brazilian embassy.

Wednesday, September 23rd 2009 - 11:27 UTC

UN says companies must compensate indigenous peoples

Businesses have to consult indigenous communities and must also share any profits

A United Nations report released last week said that industrial and energy projects set in motion before the official adoption of Chile’s “Convention 169” in September should still compensate indigenous communities for current and future effects caused by their projects.

Tuesday, September 22nd 2009 - 12:59 UTC

Honduran de facto rulers demand Brazil hand over Zelaya

OAS chief Jose Miguel Insulza is expected Tuesday in Tegucigalpa

Honduras de facto leader Roberto Micheleti demanded that Brazil hand over deposed constitutional president Manuel Zelaya who is currently in the Brazilian embassy in Tegucigalpa following a dramatic secret return to the country.

Tuesday, September 22nd 2009 - 12:52 UTC

Chile’s Bachelet sets approval record, but not the incumbent candidate

Conservative Sebastián Piñera leads comfortably vote intention for December’s presidential election

With just three months left before leaving office, Chilean President Michelle Bachelet continues to set new records for job approval and support. But coalition’s replacement hopeful, Senator Eduardo Frei, isn’t so fortunate.

Tuesday, September 22nd 2009 - 07:17 UTC

Chile’s military parade breaks records, including women participation

The impressive parade in downtown Santiago included 892 women from the Armed Services

Chile’s annual September 19 Armed Forces military parade broke records this year. The event was the largest of its kind ever, showcasing 131 Air Force airplanes for the commencement ceremonies and with 11,000 Armed Forces personnel participating.

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