Bolivia, Brazil and Chile have announced that the inter-oceanic corridor, from the Atlantic to the Pacific will be finished by 2011. The announcement was made following an assessment of the different legs of the corridor during a meeting in La Paz, Bolivia between the Public Works ministers of the three countries.
In spite of its misfortune or long standing mismanagement in the US, General Motors Corp. has built a thriving powerhouse operation in Latin America, where its fuel-efficient vehicles are playing a crucial role in returning the battered company to health.
Brazilian president Lula da Silva sanctioned last week the bill which confers the Special Secretariat of Aquaculture and Fisheries, SEAP, the status of ministry, enacted to boost the fishing sector and develop the country’s maritime and fluvial potential.
A delegation from Gibraltar with Chief Minister Peter Caruana is participating of a three day non-ministerial round of the Tripartite Forum in Madrid which is expected to prepare the ground for a full ministerial meeting of the Forum in mid-July that will include Spanish Foreign Secretary Miguel Angel Moratinos.
The United Kingdom Chancellor Alistair Darling has hit out at kamikaze bankers for damaging the British economy and said a shake-up to be unveiled this week would prevent a repeat.
Venezuela has taken formal control of its third largest bank, the previously Spanish-owned Banco de Venezuela. The first instalment of a 630 million US dollars price tag was made amid much ceremony in the capital Caracas, with nearly all the shares passing to the government.
Britain’s overseas aid is to be re-branded in a bid to raise public awareness at home and abroad and help maintain support for spending during the downturn. The Department for International Development (DFID) will use the name UKaid for its funding of projects in the world's poorest countries following concerns raised by Parliament.
Brazilian president Lula da Silva said that the resignation or suspension of Jose Sarney as president of the Senate could generate a “very serious crisis” leading to “instability”, according to official sources in Congress.
Ousted President Manuel Zelaya has vowed to return to Honduras on Sunday, despite being threatened with arrest. The Honduran Catholic Church called on all parties to avoid a “blood bath”.
Argentina’s minister of Health Juan Manzur confirmed on Saturday that the number of deaths from the A/H1N1 virus influenza had reached 55, although non government organizations insist the number is higher.