MercoPress. South Atlantic News Agency
Stories for April 18th 2009
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Saturday, April 18th 2009 - 09:05 UTC
Obama pledges a “new beginning” with Latinamerica and Cuba
United States President Barack Obama pledged on Friday to seek a “new beginning” in ties with the Castro brothers ruled Cuba as part of a new era of US partnership and engagement with Latin America and the Caribbean. But he also pointed out he had come to speak about the future, not the past.
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Saturday, April 18th 2009 - 08:56 UTC
“I want to be your friend” says Chavez and shakes hands with Obama
President Barack Obama and Venezuelan President Hugo Chávez shared a friendly handshake at the start of the Fifth Summit of the Americas Friday. The Venezuelan government called the handshake ''historic'' and hinted that it was the first step toward thawing chilly relations between the two nations.
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Saturday, April 18th 2009 - 08:50 UTC
LAN unveils three year plan to invest 1.3 billion USD to expand fleet
Chile's flag air carrier LAN announced on Friday it will invest 1.3 billion US dollars between 2009 and 2011 to expand its fleet. LAN, which has operations across South America, will buy long- and short-haul planes as well as new-generation cargo aircraft, Chairman Jorge Awad said.
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Saturday, April 18th 2009 - 08:03 UTC
Mexico inaugurates new IMF flexible credit line with record 47 billion USD
The International Monetary Fund on Friday approved a previously agreed 47 billion US dollars line of credit for Mexico, the first country to qualify for the new lending facility for strong-performing emerging economies. However Mexican authorities have stated they intend to treat the one-year arrangement as precautionary and do not intend to draw on the line.
