Latin America

Monday, April 6th 2009 - 10:38 UTC
Latam positive about G20 results, but implementation is also vital

The G-20 summit decision to inject 1.1 trillion US dollars to the global economy to prop trade and overcome the financial collapse can be beneficial for Latinamerica but measures have to be implemented and proven efficient, according to experts from the region.
Monday, April 6th 2009 - 10:32 UTC
Mexico sets up 150 billion US dollars barrier to end market volatility

Mexico asked the International Monetary Fund for a 47 billion US dollars credit line which is to be added to the 30 billion swap line with the Federal Reserve to help shore up the economy and end market volatility.
Monday, April 6th 2009 - 10:30 UTC
Best March performance in 15 years for Latam financial markets

Latin American financial markets recorded their best monthly performance during March in more than 15 years, as signs of stabilization in the global financial system encouraged investors to take on risk.
Monday, April 6th 2009 - 10:14 UTC
Latam airlines consider airport security costs and standards

Latinamerican countries must standardize security norms in airports but without this meaning an obstacle for staff and passengers, said IATA (International Air Transport Association) regional vice-president Patricio Sepulveda during the Latinamerican Civil Aviation Conference, CLAC, and currently held in Chile.
Monday, April 6th 2009 - 09:41 UTC
Tokyo’s plan to ship back 400.000 “nikkeis” to South American

The Japanese government is planning to combat unemployment by sending back to their countries of origin 400.000 South American immigrants of Japanese stock. The idea is to pay them a small subsidy and a one way ticket to South America, an initiative that has generated some controversy in the Japanese press.
Monday, April 6th 2009 - 08:52 UTC
Russia and Chile committed to boost trade and defence cooperation

Russian President Dmitri Medvedev and visiting Chilean counterpart Michelle Bachelet said during a meeting at the Kremlin that they were committed to bolster their countries bilateral ties in different areas, including trade and defence cooperation. Both leaders signed a joint declaration and two cooperation accords in culture and defence.
Sunday, April 5th 2009 - 06:26 UTC
Colombia demobilization plan working: 773 guerrillas in three months

Colombian guerrillas are turning in by the hundreds according to the latest report from the government. In March 237 guerrillas demobilized and turned in their weapons taking the total for the first quarter of the year to 773.
Sunday, April 5th 2009 - 06:17 UTC
Argentina-Chile to jointly promote Patagonia tourism

El Calafate in Argentina’s Santa Cruz province will be hosting the second Argentina-Chile Patagonia Tourism operators meeting scheduled for mid April and which is expected to convene over 200 experts. The first event was held in Chile’s Magallanes region.
Saturday, April 4th 2009 - 10:53 UTC
Chilean conservative presidential hopeful leads opinion poll

Chilean conservative presidential hopeful Sebastián Piñera is ten percentage points ahead over Eduardo Frei the ruling coalition candidate for next November’s election according to the latest public opinion poll released Friday.
Saturday, April 4th 2009 - 07:01 UTC
Former Chavez ally and now opponent arrested on corruption charges

Former Venezuelan Defence minister General Raúl Baduel accused President Hugo Chavez of ordering his detention to try to intimidate him and insisted he's innocent of corruption charges which are politically motivated.