A rail alternative to the Panama Canal built by China is being considered by Colombia in a move that would boost trade between Asia and South America. The 220 kilometers 'dry canal' would link Colombia’s Atlantic and Pacific coasts by rail, according to Juan Manuel Santos, the president of Colombia.
Chile’s Copper Commission (Cochilco) has predicted that China became the world’s second largest copper producer in 2010, overtaking the United States and Peru.
Colombian President Juan Manuel Santos said in an interview published Sunday that he could consider legalizing drugs as a way to reduce violence and crime in his country. He joins a list of prominent Latinamerican leaders who are promoting the initiative.
An outbreak of dengue fever across much of Latin America has killed 31 people since the start of the year and is showing no sign of relenting. Endemic in several countries there’s growing concern following the discovery of a very “aggressive” strain in Peru.
The Organization of American States, (OAS), Secretary General Jose Miguel Insulza said that democracy must impose limits on Latin America’s presidential successive re-election tendency.
IMF warned inflation is threatening South America but also admitted countries had a dilemma since increasing interest rates could further worsen the appreciation of local currencies vis-à-vis the US dollar.
The Chilean government announced on Wednesday a string of measures to help prevent the possibility of more blackouts. Chile is in the middle of a yearlong drought, crippling its ability to produce hydroelectric power.
Chile and Uruguay and another fifteen countries have officially presented plans to the International Atomic Energy Agency for the construction of nuclear plants, revealed AIEA following a four-day meeting on the issue in Vienna.
Chilean farmers and produce distributors estimate that prices will increase for some fruits and vegetables by as much as 10 to 20% within the next 60 days, due to water shortages in northern and central Chile.
Carlos Slim considered by Forbes Magazine the richest man in the world said he’s seeking to boost his investments in Colombia because of the country’s open policy on oil exploration, its mineral assets and growing middle class.