Stories for 2008

Tuesday, March 18th 2008 - 21:00 UTC
Venezuela wins asset freeze case against Exxon

Exxon Mobil Corp.'s freeze on $12 billion of assets belonging to Venezuela's state oil company was overturned by a U.K. court in a set-back for the U.S. energy company in its dispute with President Hugo Chavez.
Tuesday, March 18th 2008 - 21:00 UTC
James Bond expected in Chile March 24 for next film

Accompanied by an entourage of bodyguards, actor Daniel Craig will arrive in a private jet to the Chilean city of Antofagasta on March 24 to film a few scenes of the new James Bond movie, Quantum of Solace.
Tuesday, March 18th 2008 - 21:00 UTC
Argentine farmers sixth day of protest, and more next week

The stand off between the Argentine government and striking farmers who are protesting against export taxes on grains, beef and dairy produce has yet to see effective signals of a cooling of the situation or the possibility of a dialogue.
Tuesday, March 18th 2008 - 21:00 UTC
Fed cuts rates to 2.25% and Paulson denies recession

The Federal Reserve cut US interest rates sharply (0.75%) in an attempt to restore confidence to nervous financial markets and boost the ailing economy. However the cut was smaller than markets expected and the rate now stands at 2.25% (down from 3%), almost at inflation level.
Tuesday, March 18th 2008 - 21:00 UTC
Ecuador and Colombia express satisfaction with OAS resolution

Organization of American States (OAS) ministers meeting on Tuesday rejected the incursion by Colombian troops of Ecuadorian territory but also underlined the commitment of all member states to combat threats to security caused by the actions of irregular groups or criminal organizations and non interference in the internal affairs of other states.
Tuesday, March 18th 2008 - 21:00 UTC
US has always had “a good relation with Venezuela”, says Rice

United States has no enemies in Latinamerica, said US Secretary of State Condoleezza Rice who also praised regional leaders' role in downplaying the impact of the incident and tension between Colombia and Ecuador.
Monday, March 17th 2008 - 21:00 UTC
US vessel to survey Argentine waters

The Federal Fisheries Council (CFP) unanimously decided to authorise the US-flagged Nathaniel Palmer for “[the undertaking of] marine scientific research activities in maritime areas subject to sovereign or national jurisdiction.”
Monday, March 17th 2008 - 21:00 UTC
Fed takes new steps to ease crisis

Worry about the damage a growing credit crisis is inflicting on an ailing U.S. economy led the Federal Reserve to make a rare weekend move, lowering a key lending rate before Wall Street opened Monday.
Monday, March 17th 2008 - 21:00 UTC
Argentina: CFK popular inspite of inflation

Supporters claim that economic growth has strengthened, more is being done to combat the energy crisis and to ensure road safety, and Argentina has played a significant role in bringing about an end to the recent border conflict between Colombia and Ecuador.
Monday, March 17th 2008 - 21:00 UTC
Peru warns Venezuela against funding leftists

Peru's prime minister accused Venezuelan President Hugo Chavez on Monday of secretly financing leftist causes in the country to spread his brand of socialism in Latin America.