Latin America

Thursday, April 23rd 2009 - 13:04 UTC
IMF economic outlook influenced by Wall Street, claims World Bank

The World Bank believes that the IMF growth prospects for Latinamerica are “too pessimistic” and anticipates the region will suffer a milder contraction 0.6%, compared to the 1.5% forecasted by the April World Economic Outlook which IMF released Wednesday.
Thursday, April 23rd 2009 - 10:38 UTC
Venezuelan court asks Interpol to help arrest opposition leader Rosales

A Venezuelan court has ordered the arrest of exiled opposition leader Manuel Rosales on corruption charges and asked Interpol to detain him after he left for Peru, according to the Venezuelan state television.
Wednesday, April 22nd 2009 - 12:15 UTC
Criminal probe into sudden death of 21 polo horses in Florida

A criminal probe has been opened into the death of 21 polo horses that died over the weekend during preparations for a match of the sport’s top championship in Wellington, Florida. An investigation has first to determine whether they died from a toxin, a virus, drugs reaction, a contagious disease or a combination of any of the open options.
Wednesday, April 22nd 2009 - 12:04 UTC
Venezuela’s main opposition leader in Peru seeking asylum

Peru’s Foreign Affairs minister José Antonio García Belaúnde, confirmed on Tuesday that Manuel Rosales, the mayor of Maracaibo, and one of the leaders of the Venezuelan opposition, is in Lima, capital of Peru supposedly seeking asymlum.
Wednesday, April 22nd 2009 - 03:34 UTC
Open government files: Chile inaugurates public scrutiny bill

Chile’s new Transparency Law, obligating the government to divulge millions of documents for public scrutiny, including how much each politician earns, came into effect on Sunday.
Wednesday, April 22nd 2009 - 00:46 UTC
Latinamerican praise for Obama’s performance at the summit

Although “deeds must follow words”, the world’s “honey moon” with President Obama has extended to Latinamerica following his display at the Summit of the Americas where he managed to modify substantially the emphasis of the region’s leaders towards the new administration, according to different analysts.
Tuesday, April 21st 2009 - 19:07 UTC
Chavez not only gave Obama a book...but also an Island in New Jersey

Last Sunday, the President of the Bolivarian Republic of Venezuela, announced during the Summit of the Americas that the Venezuelan Government will donate to United States, through CITGO Petroleum company, the Petty's Island located in New Jersey state.
Tuesday, April 21st 2009 - 13:02 UTC
BHP Billiton reactivates mining projects in Chile

The Chilean subsidiary of Australian mining giant BHP Billiton plans to reactivate projects worth 6.75 billion US dollars that were frozen last year amid the global recession.
Tuesday, April 21st 2009 - 10:38 UTC
Colombia requests 10.4 billion from IMF flexible credit line

Colombia became the third country to seek access to a new IMF credit line for strong performing countries, requesting 10.4 billion US dollars to bolster its economy in the face of the global recession.
Tuesday, April 21st 2009 - 10:30 UTC
Obama eager to finalize trade agreements with Panama and Colombia

United States Trade Representative Ron Kirk said private meetings with Panama and Colombia presidents during the recent Summit of the Americas in Trinidad Tobago had been “very productive” and reiterated that the Obama administration is eager in finalizing free trade agreements with both countries.