Latin America

• Tuesday, August 17th 2010 - 09:14 UTC

  World Cup helped Magallanes region economy pick up in second quarter

  

  Magallanes Region in the extreme south of Chile had a strong economic rebound in the first half of this year, boosted by the construction industry and retail sales, according to Chile’s National Statistics Office, INE.

• Tuesday, August 17th 2010 - 09:09 UTC

  “Miracle” in Colombia: Lightning downs aircraft: one dead, 114 injured

  

  A Boeing 737-700 from Colombian air carrier Aires operating as Flight 8250 from Bogota Eldorado Airport to San Andres Island in the Caribbean split into three pieces on landing after being struck by lightning, according to statements from Colombia’s national police.

• Monday, August 16th 2010 - 19:26 UTC

  US militant apologizes for collaborating with terrorism in Peru

  

  United States citizen Lori Berenson apologized to the Peruvian people for collaborating with a terrorist group and asked an appeals court to let her remain free on parole. She was sentenced to 20 year in prison and was released last May after serving 15 years, three fourths of the sentence.

• Monday, August 16th 2010 - 04:08 UTC

  One of Chavez ideologist mentors but disenchanted with the revolution, dies

  

  The retired general and ex-leader of the governing United Socialist Party of Venezuela, or PSUV, has died, state-run media reported. He was 75.

• Monday, August 16th 2010 - 03:42 UTC

  Bolivian gas and Paraguayan electricity for a deep sea port in Uruguay

  

  Physical integration particularly in energy and access to the sea were two of the main issues addressed by the presidents of Paraguay, Uruguay and Bolivia, (Fernando Lugo, Jose Mujica and Evo Morales), during their Sunday meeting in Asunción in the framework of Urupabol, the regional group which brings together the three countries.

• Saturday, August 14th 2010 - 08:21 UTC

  General who exposed Cuban influence in Venezuelan army faces trial

  

  A former Venezuelan army general accused of revealing military secrets after he criticized the “Cubanization” of Venezuela's armed forces was told by a judge Friday not to leave the country while the case is being investigated.

• Saturday, August 14th 2010 - 07:58 UTC

  Strong unanimous support for the Palestine people from the Chilean senate

  

  Chile’s Senate voted unanimously against custom benefits for Israeli products coming from occupied Palestinian territory, and will formally ask President Sebastián Piñera to pass this bill.

• Saturday, August 14th 2010 - 07:50 UTC

  Mexican billionaire buys 44 million USD townhome in New York

  

  Mexican billionaire Carlos Slim real estate firm paid 44 million US dollars for a town-home on Manhattan’s Fifth Avenue, adding to his property holdings in New York.

• Saturday, August 14th 2010 - 02:58 UTC

  Four Chilean families concentrate 47% of assets in Santiago’s stock exchange

  

  Four families in Chile concentrate 47% of the assets of companies quoting in the Santiago Stock exchange according to a book titled “Towards an inclusive growth; economic policy proposals” written by economist Luis Eduardo Cerda.

• Saturday, August 14th 2010 - 02:47 UTC

  Merger of Chile’s Lan and Brazil’s Tam to become the region’s largest carrier

  

  Two major South American airlines announced on Friday plans to merge and create the biggest carrier in the region. Brazil's largest airline TAM Linhas Aereas will be teaming up with Chile's LAN.