Bolivian President Evo Morales began his second consecutive term on Friday vowing to fight poverty, further tighten state control over the economy and develop some of the world's largest lithium reserves.
Bolivian president Evo Morales will be inaugurated Friday before Congress for a second mandate (2010/2015) after having achieved an overwhelming victory in December elections (64% of the vote) ensuring him majority control of both houses.
Oil company Repsol YPF is studying the impact on its hydrocarbon reserves accounting as a consequence of a change in Bolivian law, but has not made a decision on whether to lower its reserves, a spokesman for Spanish firm confirmed this week in Madrid.
Reporters Without Borders, RSF, condemned on Thursday as an act of political revenge from the Peruvian government the cancellation of a television station license, seven months after the same action was taken against radio La Voz de Bagua Grande, also in the Amazonas region
Honduras president elect Porfirio Lobo said that as soon as the takes office, (next January 27) he will sign a safe-conduct for ousted Honduran President Manuel Zelaya who will then be authorized to travel to the Dominican Republic.
The ugly swarms of algae that plague Chile's beaches may be an alternative energy blessing in disguise. Chilean economic development corporation (CORFO) announced an investment of 7 million US dollars towards a seaweed-based bio-ethanol project spearheaded by Chile and U.S. scientists.
Winners Volkswagen wants the Dakar Rally to stay in South America and not to move back to Africa, the spokesman of the carmaker's motor-sport division said late Wednesday. Spokesman Stefan Moser raved about large and enthusiastic crowds at the two editions in Chile and Argentina and named security another aspect in favour of South America.
A powerful aftershock sent Haitians screaming into the streets on Wednesday, collapsing buildings, cracking roads and adding to the trauma caused by the major quake eight days ago.
Thirty members of the Haitian Football Federation have been confirmed dead and dozens others are missing following the massive earthquake that rocked the country. This was confirmed by Caribbean Football Union vice-president Captain Horace Burrell in a report sent to FIFA vice-president Jack Warner, following an assessment carried out last weekend.
International mining groups this week were effusive in their support of Chile’s newly elected president Sebastian Piñera, a billionaire businessman with substantial holdings in Lan Airline, Chilevision (a TV station) and Colo Colo (a popular soccer team).