Tag: Latin America

• Tuesday, May 11th 2010 - 23:59 UTC

  Chile Denies “Arms Race”; Praises Homologation Process with Argentina

  

  Chilean Foreign Affairs Minister Alfredo Moreno Charme said he does not see an “arms race” in the continent and suggested following the Argentine–Chilean experience of “homologating military expenditure”.

• Tuesday, May 11th 2010 - 16:36 UTC

  Violent Crime Replaces Unemployment as Main Concern in Latinamerica

  

  Latin America has “some of the highest criminality rates in the world” and for the first time in decades delinquency has replaced unemployment as the main concern of the population, according to a report from the Inter-American Commission on Human Rights released this week.

• Tuesday, May 11th 2010 - 16:29 UTC

  EU “Grumpy” Seven Led by France Against Trade Talks with Mercosur

  

  France and six other countries expressed concern before the European Union about the competition consequences for the farm sector in the event of an agreement with Mercosur.

• Monday, May 10th 2010 - 03:39 UTC

  UNASUR Agrees to Boost Defense Expenditure Transparency

  

  The Union of South American Nations (UNASUR) agreed over the week end to boost defence expending transparency to ensure regional stability which, according to Venezuela, Bolivia and Ecuador is threatened by a controversial military agreement between United States and Colombia.

• Saturday, May 8th 2010 - 06:39 UTC

  Spanish Recession and Lack of Jobs Forces Latam Immigrants to Return Home

  

  More immigrants from non-European Union countries are returning to their native lands this year with help from the Spanish government, a situation similar to 2009, when the number of immigrants forced to pack up and go doubled because of the economic crisis.

• Friday, May 7th 2010 - 21:34 UTC

  Honduran President Calls Brazil “Arrogant”, Steps Down from Latam/EU Summit

  

  Honduran president Porfirio Lobo will not attend the LAC-EU summit in Spain later this month, after South American leaders who do not recognize him as his country's legitimate leader threatened to pull out. However, he will attend the EU/Central America meeting, which will be held a day later.

• Friday, May 7th 2010 - 00:44 UTC

  LAN Readies Expansion into Colombian and Brazilian Markets

  

  Chile's flagship carrier LAN Airlines S.A. (NYSE:LFL) is looking to enter the Colombian domestic passenger market by helping Colombia’s Aeroasis S.A. obtain the necessary permits to operate in the country, Chief Executive Enrique Cueto said on Thursday.

• Friday, May 7th 2010 - 00:40 UTC

  IMF Chief to visit Latin America, “Region Brimming with Energy and Promise”

  

  IMF Managing Director Dominique Strauss-Kahn will travel to Brazil and Peru from May 25-28 to meet with government leaders, leading figures from the private sector, and with students and academics as part of efforts to engage more closely with stakeholders in the region.

• Thursday, May 6th 2010 - 19:42 UTC

  Foreign Direct Investment in Latam Expected to Soar 40/50% in 2010

  

  Foreign direct investment (FDI) flows to Latin America and the Caribbean will rebound in 2010, rising 40% to 50%, after dropping in 2009 as a result of the global crisis, according to ECLAC's (United Nations Economic Commission for Latin America and the Caribbean) annual report released Wednesday.

• Thursday, May 6th 2010 - 19:32 UTC

  Spain Excludes Honduran President from Summit on Pressure from UNASUR

  

  Only days after several UNASUR (Union of South American Nations) representatives said they would not attend the Sixth Latin America, the Caribbean and the European Union Summit if Honduran President Porfirio Lobo was invited, the Spanish Government has decided to exclude him from the meeting, according to sources in the Brazilian Government.