Latin America

Tuesday, October 7th 2008 - 21:00 UTC
Chile's first monthly trade deficit in six years

The Chilean economy experienced an unexpected trade deficit in September, the first negative month in six years according to the latest release from the Central Bank. The misbalance was 318 million US dollars; a year ago it was a surplus of 1.37 billion US dollars.
Monday, October 6th 2008 - 21:00 UTC
Venezuela's Chavez promises he'll be in office until 2021

Venezuela's Hugo Chavez announced he would not be leaving government until after 2021, in spite of the fact his mandate ends in 2013 and the current constitution does not allow for a new re-election.
Monday, October 6th 2008 - 21:00 UTC
Norwegian company involved in Peruvian energy scandal

A scandal over alleged oil kickbacks has forced out Peru's Energy minister and two top state oil company executives and led the government to void five oil contracts with Norway's Discover Petroleum, officials said Monday.
Monday, October 6th 2008 - 21:00 UTC
Morales and Bolivian opposition could only agree on group photo

Bolivian President Evo Morales and opposition governors failed to reach an agreement on Sunday after weeks of negotiations and the dispute over a new constitution apparently will be decided by Congress calling a national referendum on the issue.
Sunday, October 5th 2008 - 21:00 UTC
Flyglobespan to lease planes in low season to Chile

Flyglobespan, the Scottish low-cost airline which has a contract for the Falkland Islands Brize Norton air bridge, has clinched deals to lease up to four of its aircraft to LAN Chilean Airways over the winter months, according to a report from the Sunday Times.
Sunday, October 5th 2008 - 21:00 UTC
Mega yacht with missile shield for Chelsea's Abramovich

The owner of Britain's Chelsea football club, Roman Abramovich, is having a new £200m mega-yacht built, complete with a missile detection system to protect him against pirates and terrorists, reports The Times.
Friday, October 3rd 2008 - 21:00 UTC
Latinamerican markets collapse; Brazil down the most

On the eve of the crucial vote in the US House of Representatives, Latinamerican markets tumbled Thursday dragged by Wall Street (down 3.22%), with Brazil's Bovespa and Argentina's Merval suffering the largest losses.
Friday, October 3rd 2008 - 21:00 UTC
Regional support for Correa and new Ecuador constitution

South American Nations Union country members congratulated on Thursday the people and government of Ecuador for the passing and approval of the new Constitution, voted last Sunday, according to an official release made public in Santiago de Chile.
Thursday, October 2nd 2008 - 21:00 UTC
Suitcase scandal: trail leads to Chavez number two

The former partner of a US/Venezuelan citizen on trial in Miami for allegedly trying to cover up the origin of nearly 800,000 US dollars in political cash that was carried in a suitcase into Argentina testified Wednesday that both governments were deeply involved in trying to quell the scandal.
Wednesday, October 1st 2008 - 21:00 UTC
S. American leaders blame financial crisis on US irresponsibility

Four of South America's leaders meeting in the Amazon accused the United States on Tuesday of “irresponsibility” in its handling of a financial crisis that has dried up credit markets and threatens economies around the world.