Latin America

• Thursday, March 26th 2009 - 18:05 UTC

  LAN promises Magallanes Region best possible fares and conditions

  

  Chile’s flag carrier LAN is committed to keep Magallanes region connected with the rest of Chilean regions said LAN National Routes manager Vlamir Domic during this week’s visit to Punta Arenas.

• Thursday, March 26th 2009 - 17:50 UTC

  PM Brown and Vice-president Biden at governance conference in Chile

  

  United States Vice-President Joseph Biden will be among the international leaders and economic experts gathering this weekend in Chile for the annual Progressive Governance Conference.

• Thursday, March 26th 2009 - 17:46 UTC

  Chilean Navy clearing mine fields in Cape Horn area

  

  The Chilean Navy has been working for over a month and a half in the clearing of a mine field in Cape Horn, extreme south of Chile, “the first to be addressed in compliance with the Ottawa Treaty of which Chile is a signatory”, reports La Prensa Austral from Punta Arenas.

• Thursday, March 26th 2009 - 17:20 UTC

  IMF predicts recession for Latinamerica in 2009

  

  Latinamerica’s economy will enter in recession this year as the average of the rest of the world economy IMF director for the Western Hemisphere Nicolas Eyzaguirre said on Wednesday.

• Thursday, March 26th 2009 - 10:35 UTC

  Corruption forces resignation of Turks and Caicos PM

  The prime minister of the Turks and Caicos Islands has resigned after an investigation that found “clear signs” of corruption in the territory’s Government.

• Thursday, March 26th 2009 - 06:54 UTC

  Latinamerican remittances could drop 11% to 13% in 2009 says IDB

  

  As the global economic slowdown begins to bite remittances to Latin America this year will fall for the first time since the Inter-American Development Bank, IDB, began measuring the money flows in 2000, reported the bank.

• Thursday, March 26th 2009 - 06:34 UTC

  Brazilian credit for Aerolineas to purchase 20 aircrafts

  

  Brazil has agreed to lend 700 million US dollars to state-owned airline Aerolineas Argentinas to fund its purchase of 20 planes from Embraer in an effort to save jobs at the aircraft maker.

• Wednesday, March 25th 2009 - 05:31 UTC

  Bolivia’s President Says Quest for Coast Threatened by Peru-Chile Dispute

  

  President Evo Morales confirmed on Monday that Bolivia’s drive to regain at least a portion of the Pacific coastline it lost in a 19th-century war could be harmed by Peru’s litigation with Chile over those nations’ maritime boundary.

• Wednesday, March 25th 2009 - 03:21 UTC

  Chile invests in ports to boost cruise ship tourism

  

  Chile's Ministry of Public Works (MOP) recently launched a 15.5 million US dollars plan to build infrastructure in five of the country’s ports to allow cruise ships (some over 300 meters long) to dock in Easter Island and the Patagonia.

• Tuesday, March 24th 2009 - 13:42 UTC

  Tall ships regatta scheduled to call in Punta Arenas next summer

  

  A tall ships regatta to commemorate the 200 anniversary of Chile’s independence from colonial Spain has been organized for the summer of 2010. The idea is similar to that of the United States in 1976, when tall ships from all over the world gathered for the bicentennial.