Latin America

• Friday, December 16th 2011 - 06:09 UTC

  Maersk orders from Chile two offshore supply vessels for Canada

  

  Maersk Supply Service has contracted Chilean shipyard Asenav, the country’s largest private yard, to build two new offshore vessels, with an option for up to four more.

• Thursday, December 15th 2011 - 20:59 UTC

  Astori anticipates investment grade and the white list for Uruguay in 2012

  

  Vice president Danilo Astori anticipated that in 2012 Uruguay will recover investment grade and said that including Uruguay in the OECD “grey list” was a “tremendous injustice” which did not take into account all the advances achieved in combating money laundering and narcotics trade.

• Thursday, December 15th 2011 - 15:37 UTC

  Brazil decides full support for the (development) Bank of the South

  

  The administration of President Dilma Rousseff will be sending the bill creating the Bank of the South to congress next month, since this financial institution “will help the region address the global crisis”.

• Thursday, December 15th 2011 - 15:32 UTC

  Lan-Tam clears Brazil antitrust regulator, becomes world’ second largest carrier

  

  Chile Lan Airlines planned 3.2 billion dollars acquisition of Tam SA was approved by Brazil’s antitrust regulator, clearing the final regulatory hurdle for the formation of the world’s second-largest carrier.

• Thursday, December 15th 2011 - 00:45 UTC

  Hong Kong world’s most developed financial market; Brazil in Latam

  

  Hong Kong became the world’s most developed financial market, overtaking the US and the UK for the first time, according to the Financial Development Report 2011 published by the World Economic Forum (WEF) on Wednesday.

• Wednesday, December 14th 2011 - 18:17 UTC

  In summer take your ties off and help save power, says Chilean government

  

  As has happened in other countries, Chilean Energy minister Rodrigo Alvarez has officially launched the campaign, “in summer, no ties” to help save with the use of air conditioners mainly in government offices.

• Wednesday, December 14th 2011 - 17:48 UTC

  Mexican president criticizes the US on its financial misbalances

  

  President Felipe Calderon criticized its powerful neighbour, United States during a speech in which he outlined the G20 agenda for the next twelve months, including the summit, which is under the presidency of Mexico.

• Wednesday, December 14th 2011 - 16:41 UTC

  Chavez seeking re-election announces pension hikes and cash bonus for children

  

  Venezuelan President Hugo Chavez has launched new social programs including hikes in pensions and a 100 dollars a month cash payment for needy children as he prepares for his re-election bid next year.

• Wednesday, December 14th 2011 - 04:14 UTC

  Latam “progressive” countries openly supported tyrants despised by ”Arab Spring”

  

  The so called ‘progressive’ Latin American governments not only did they not support the revolution wave later known as the “Arab Spring” but openly and repeatedly backed the regimes against which the peoples of those countries rebelled.

• Wednesday, December 14th 2011 - 04:02 UTC

  US tries to re-establish full relations with Ecuador, Bolivia and Venezuela

  

  United States continues to dialogue with Venezuela, Bolivia and Ecuador, countries where it has no ambassadors in an attempt to normalize relations, said State Department spokesperson Victoria Nuland.