Latin America

Thursday, October 16th 2008 - 20:00 UTC
Swiss government rescues top UBS bank with 65 bn USD

Switzerland is taking steps to strengthen its largest bank, UBS, becoming the latest European government to unveil a banking rescue plan. UBS is raising 6bn Swiss francs (5.3 billion US dollars) from the government.
Wednesday, October 15th 2008 - 20:00 UTC
Fighting corruption and poverty, agenda of new Peruvian cabinet

Peruvian President Alan Garcia swore in a new Cabinet headed by a leftist governor as Prime Minister following a scandal over possible corruption in the awarding of oil concessions which prompted all of his ministers to resign last week.
Wednesday, October 15th 2008 - 20:00 UTC
Magallanes has six of Chile's least populated locations

Magallanes Region in the extreme south of Chile has some of the least populated towns and villages of the country according to the latest census.
Tuesday, October 14th 2008 - 20:00 UTC
Positive contagion lifts Latam to one day record-gains

Latinamerican equities staged on Monday a powerful rebound from last week's crash, with Brazil's Bovespa soaring 14% and Mexico's IPA 11.1%, its highest one day gain this year and since 1998.
Tuesday, October 14th 2008 - 20:00 UTC
South Georgia another record year of cruise visits

South Georgia following on from last year's record will once again experience an increase in the number of cruise ship visits to the Island.
Tuesday, October 14th 2008 - 20:00 UTC
Uribe, Lula da Silva and Vazquez, best performing leaders

Colombia's Alvaro Uribe, Brazil's Lula da Silva and Uruguay's Tabare Vazquez figure as the leaders with the best performance record according to the 2008 edition of the Ibero-American Governance Barometer 2008.
Sunday, October 12th 2008 - 20:00 UTC
Peru new cabinet blends leftist MP and orthodox economics

Peruvian President Alan Garcia announced Saturday that he has appointed a leftist governor as Peru's prime minister, a day after the entire Cabinet resigned amid a brewing oil kickbacks scandal. Longtime politician Yehude Simon, 61, will replace outgoing Prime Minister Jorge del Castillo, Garcia said.
Saturday, October 11th 2008 - 21:00 UTC
IMF: Latam must ensure liquidity and price stability

Latin America's governments will have to watch carefully their financial systems liquidity and try to ensure gains in eliminating inflation, said on Friday Anoop Singh, the International Monetary Fund Director for the region.
Saturday, October 11th 2008 - 21:00 UTC
Chile to increase F16 fighter bombers wing to 44

Chile is interested in purchasing another batch of refurbished F 16 fighter bombers for the Air Force, according to diplomatic sources in Santiago which was partially confirmed by Defence officials.
Friday, October 10th 2008 - 21:00 UTC
“Narco-terrorists” in Peru kill 12 soldiers and 7 civilians

Shinning Path rebels ambushed a column of military trucks in the Peruvian south-eastern mountains with bombs and gunfire killing 12 soldiers and 7 civilians said Peru military high command. It's the deadliest rebel attack in years.