Latin America

• Thursday, November 4th 2010 - 15:50 UTC

  Uruguay leads the region in direct foreign investment percentage increase: 35.4%

  

  Uruguay is the country in Latin America and the Caribbean which experienced the highest percentage increase in direct foreign investment during the first half of the year, according to the latest report from the United Nations Economic Commission for Latin America and the Caribbean, Cepal.

• Thursday, November 4th 2010 - 15:00 UTC

  Chile and Uruguay the less corrupt and most transparent in Latinamerica

  

  Chile and Uruguay are among the less corrupt and most transparent countries of the region while Venezuela stands at the opposite end, among the worst cases in the world, according to the latest annual report from Transparency International officially released in Berlin.

• Thursday, November 4th 2010 - 02:09 UTC

  Colombia takes measures to stem appreciation of the local currency

  

  Colombia’s government and central bank announced new measures to stem a rally in the peso after President Juan Manuel Santos expressed concern its appreciation is hurting exporters and job growth.

• Wednesday, November 3rd 2010 - 23:55 UTC

  Peruvian ruling party nominates woman candidate for presidential election

  

  Peru’s former Finance Minister Mercedes Araoz said she will run for president next year as a candidate for President Alan Garcia’s Apra party. The independent candidate was proclaimed this week as presidential candidate by Apra’s Executive Committee and thus joins the growing rank of women presidents and candidates in the region.

• Wednesday, November 3rd 2010 - 23:50 UTC

  More than 25 million gays live in Latin America and spend billions travelling

  

  There is a largely untapped lesbian, gay, bisexual and transgender (LGBT) market in Latin America, according to a recent survey.

• Wednesday, November 3rd 2010 - 23:41 UTC

  Chavez nationalization addiction intensifies: steel, glass, real estate developers

  

  Venezuelan President Hugo Chavez announced the nationalization of steelmaker Sidetur and of several real estate developers that failed to complete housing projects.

• Wednesday, November 3rd 2010 - 23:40 UTC

  Spanish newspaper El Pais launched this week its Chilean edition

  

  The Spanish newspaper El Pais is strengthening its presence in Latin America after starting this week with an edition in Chile that will be distributed together with the Santiago daily La Tercera.

• Wednesday, November 3rd 2010 - 08:04 UTC

  Rescue of trapped miners increases support for President Piñera

  

  Support for Chilean President Sebastian Piñera rose to new highs in October after the dramatic rescue of 33 trapped miners, a poll showed Tuesday, strengthening his hand as he pushes his first budget through Congress.

• Wednesday, November 3rd 2010 - 04:29 UTC

  Chavez/Santos normalize trade and energy relations: “we need to work together”

  

  Venezuelan President Hugo Chavez and Colombian counterpart Juan Manuel Santos agreed Tuesday to strengthen ties through energy projects as they sought to improve relations and leave behind recent bitter disputes.

• Wednesday, November 3rd 2010 - 04:28 UTC

  Bill to lift ban on cruise casinos and gambling while in Chilean territorial waters

  

  A bill allowing cruise vessels to operate their on board casinos and other gambling activities while in Chilean territorial waters was presented Tuesday in the Chilean congress. The proposal is a long standing demand from the international cruise industry.