Venezuelan President Hugo Chavez was sworn in for another six years on Wednesday, promising to press ahead with a sweeping socialist agenda: Fatherland. Socialism or death †I swear it” said Chavez, holding his right hand in the air as he invoked Cuban leader Fidel Castro's famous call to arms.
Latinamerica and the Caribbean trade surplus with the United States in November dropped 11.5% in November to just over 7 billion US dollars according to the US Department of Commerce.
China's trade surplus in 2006 reached a mind bogging 177.5 billion US dollars compared to 102 billion in 2005, reported Wednesday the Chinese news agency Xinhua.
Agrosuper, Chile's largest meat producer could face serious fines or a shutdown of its factories by health authorities after workers of its Huechuraba plant denounced the sale of decomposing meat.
Brazil manufactured a record number of automobiles last year, 2.61 million, up 3.1% over 2005, according to a release Wednesday in Sao Paulo from the Association of Automobile manufacturers, Anfavea.
A record 711.000 cars were sold in Chile's Metropolitan Region in 2006, up 7.6% more vehicles than last year.
Officials from the Buenos Aires-Uruguay ferry shuttle company renewed their call for confidence among passengers following an informal intelligence gathering operation by picketers who are protesting the construction of a pulp mill in Uruguay and have promised disruptions this coming Friday.
Former Marxist guerrilla and United States Cold War enemy Daniel Ortega was sworn in as Nicaraguan president on Wednesday 16 years after voters tired of a civil war with Contra rebels threw him out of office.
Argentina's Central Bank in 2006 obtained nearly 1.4 billion dollars out of investing its foreign currency reserves at a yearly yield of 5.7 percent †the highest since a crippling five-year recession ended in 2002 †and close to the 1.47 billion dollars the country reportedly spent last year in subsidies to keep inflation under two digits.
President Hugo Chavez announced plans on Monday to nationalize Venezuela's electrical and telecommunications companies, pledging to create a socialist state in the spirit of the Bolivarian revolution.