A Brazilian judge has blocked plans to build a huge hydro-electric dam in the Amazon rainforest because of environmental concerns. Federal judge Ronaldo Desterro said environmental requirements to build the Belo Monte dam had not been met.
The BBC has ended its radio broadcasts in Spanish for Latin America, 73 years after they first went on air. The service faced its greatest challenge during the Falklands War between Britain and Argentina in 1982.
Latin America's biggest company, Brazilian state-managed oil giant Petrobras, on Friday said it raked in a record net profit last year of 20 billion US dollars. That figure for 2010 was 17% higher than its profit for 2009 company executives told a news conference in Rio de Janeiro.
U.S. gross domestic product expanded at an annualized rate of 2.8% in the fourth quarter of 2010, compared with an earlier estimate of 3.2% GDP growth, the Commerce Department said Friday.
Chilean Central Bank data this week confirmed ha China is now the biggest provider of consumable goods to the country. In 2006, the main providers of consumable goods to Chile were the US, Argentina and Brazil.
Unite States officials said they would continue to claim the US Air Force aircraft cargo seized in Argentina and rejected point blank pressures on embassy officials from Argentina’s Foreign Affairs minister Hector Timerman to abstain from comments on the issue with the Argentine press.
By Dominique Strauss-Kahn - Latin America has enjoyed tremendous economic dynamism and a rising quality of life in recent years. But, faced with new challenges, the question is: how best to sustain this progress?
Uruguay and Argentina signed on Friday an agreement to build a re-gasification plant for liquid natural gas to help meet their energy needs. The floating re-gasification plant will supply the two nations with 10 million cubic meters a day of natural gas, scalable to 15 million, starting in 2013 according to an official statement.
Argentina decreed the dissolution of the controversial ONCCA, (Office for the commercial control of agriculture produce) which was directly involved in market regulation and distribution of subsidies and as such caused much irritation and criticism particularly from farmers’ organizations.
Royal Navy Portsmouth-based Type 42 destroyer HMS Gloucester, which is nearing the end of a seven-month deployment to the South Atlantic, has rounded off her Falkland Islands’ patrol with a visit to South Georgia.