Stories for August 2011

Friday, August 19th 2011 - 09:45 UTC
Pinochet’s regime official victims’ list increased by 9.800 to 40.018

Chile officially recognized 9,800 more victims of its dictatorship on Thursday, increasing the total number of people killed, tortured or imprisoned for political reasons to 40,018.
Friday, August 19th 2011 - 09:43 UTC
Asian stocks down as economic uncertainty expands world wide

Asian stocks fell on Friday, following the trend on global markets, on continuing worries that the US economy could slide back into recession and the Euro debt crisis remains latent.
Friday, August 19th 2011 - 09:38 UTC
Chilean central bank ends hike cycle early and keeps key rate unchanged

The Chilean central bank held its benchmark rate steady at 5.25% on Thursday for a second month running as inflation expectations ease and the global outlook darkens, boosting bets it has ended its rate hike cycle early.
Friday, August 19th 2011 - 02:05 UTC
Fears of recession plunge world markets; Latam losses less that in US and EU

Stock markets across Latin America, led by regional heavyweight Brazil, fell sharply Thursday as recession fears sent global markets down. Meanwhile the spot price of gold hit yet another record high of just below 1.829 dollars an ounce.
Friday, August 19th 2011 - 01:59 UTC
US Terrorism report: Argentina has not advanced in ‘anti-money laundering activities”

The US Department of State released it’s 2010 Country Reports on Terrorism, in which it praised Argentina for “cooperating well” with the US in analyzing possible terrorist threat information,” although it warned about the country’s “virtually no progress toward addressing anti-money laundering and counterterrorist finance activities.
Friday, August 19th 2011 - 00:59 UTC
Boeing lobbies F-18 Super Hornet contract with flight simulator in Brazilian congress

Boeing Co. promised a full transfer of technology to Brazil if the US-based company wins a 9 billion dollars fighter-jet bid. The president of Boeing Military Aircraft told the Brazilian Senate defense committee that Brazil would be able to fully produce the F-18 Super Hornet if it purchases the planes from Boeing.
Thursday, August 18th 2011 - 23:58 UTC
Historic win for wind energy in Brazilian government power auction

Wind farms have come out on top in the latest round of power auctions organized by Brazil’s government. Slowly letting go of government protection to compete head-to-head with historically cheaper fossil fuel energy, the wind power sector indicated its potential strength.
Thursday, August 18th 2011 - 23:53 UTC
Zara accused of accepting Brazilian suppliers with slave-labor work conditions

Spain high-street retailer Zara has been accused of allegedly accepting slave-labor working conditions supplanted by more than 30 of its outsourced plants running in Brazil.
Thursday, August 18th 2011 - 23:23 UTC
Korean corporations investing heavily in Latin American markets and resources

Korea’s leading businesses are making their forays into Latin America, which has emerged as a favoured destination among global investors for its growing economy, ample natural resources and robust domestic demand.
Thursday, August 18th 2011 - 22:51 UTC
Rousseff names new Agriculture minister and respects balance in cabinet

Brazilian president Dilma Rousseff named on Thursday lawmaker Mendes Ribeiro as new Minister of Agriculture. The member of Congress from the farming state of Rio Grande do Sul replaces Wagner Rossi who stepped down Wednesday following strong allegations of corruption and irregularities.