Iran's Revolutionary Guards Corps has stepped up its presence in Latin America, especially in Venezuela, according to a Pentagon report to the United States Congress partially de-classified this week.
Brazilian broiler breeders, the world’s largest exporters rejected and slammed Bolivian president Evo Morales’ statements that linked the consumption of chicken to homosexuality.
Latest forecasts from the International Monetary Fund (IMF) predict Chile and Peru will lead Latin America’s growth in 2011 with an expansion of 6% each. The IMF released its World Economic Outlook Report on Wednesday, upping Chile’s projected growth from 4 to 4.7%.
Panamanian president Ricardo Martinelli announced Thursday there was oil in the Darien jungle and he planned to expand the mining industry in Panama while protecting the environment.
Protesters in the southern Peruvian province of Islay ended their six-day general strike after the government agreed to temporarily suspend a controversial mining project.
Chile’s nationalized copper company—and the largest copper company in the world—has a new CEO. Diego Hernández Cabrera, a current executive with International mining giant BHP Billiton, was appointed unanimously this week as CEO by Codelco’s board of executives.
Latinamerican countries with a greater link to China such as Chile, Brazil and Peru are moving out of the crisis faster and stronger according to a World Bank report which underlines the increasing significance of the Asian giant for the region.
Latin America and the Caribbean have “weathered the global downturn comparatively well” and are now recovering at a “robust pace,” the International Monetary Fund (IMF) said Wednesday.
The Chilean Navy incorporated this week its largest unit, a 42.000 tons tanker, AO-52 “Almirante Montt” which will play a vital role in supplying the surface fleet. The tanker was purchased from the US Navy and will replace AO-53 “Araucano” decommissioned after forty years service.
Gay and lesbian organizations world wide are up in arms demanding Bolivian president Evo Morales rectify his statements on homosexuality which were described as outrageous and “state homophobia”.