Latin America

Thursday, March 13th 2008 - 21:00 UTC
Petrobras diversifies LNG provision; signs accord with Shell

Brazil's government managed oil corporation Petrobras and Shell have signed a liquefied natural gas (LNG) “firm” supply agreement to furnish the Pecém (Ceará) and Baía de Guanabara (Rio de Janeiro) re-gasification terminals.
Thursday, March 13th 2008 - 21:00 UTC
Foreign investment in Chile doubles to 15 billion in 2007

The Chile Foreign Investment Committee (FIC) reported Wednesday that foreign investment in Chile almost doubled to 15 billion US dollars in 2007. Meanwhile, foreign direct investment (FDI) grew almost 94%, compared to 2006.
Thursday, March 13th 2008 - 21:00 UTC
Rice visits Brazil and Chile but leaves out Argentina

United States Secretary of State Condoleezza Rice arrived in Brazil on Thursday for a two-day visit to South America which also includes Chile but leaves out Argentina in spite of the fact President Cristina Fernandez de Kirchner in her inaugural December speech promised to improve relations with Washington.
Thursday, March 13th 2008 - 21:00 UTC
Chile re-opens base and reaffirms rights over Antarctica

Chilean President Michelle Bachelet officially re-opened on Wednesday the Arturo Prat base in Antarctica which was the first to be established by the Chilean Navy in 1947 but was later closed in 2004.
Thursday, March 13th 2008 - 21:00 UTC
Airbus 380 lands in Chile at the end of March for air show

The world's largest passenger aircraft, Airbus 380 will be landing in Chile at the end of the month to participate in the International Air and Space Fair, FIDE.
Wednesday, March 12th 2008 - 21:00 UTC
Central banks try again to roof-patch housing-credit crunch

The world's largest central banks have launched their latest coordinated action to calm jittery credit markets. The US Federal Reserve, the European Central Bank and central banks in the UK, Canada and Switzerland will inject billions of dollars into money markets.
Wednesday, March 12th 2008 - 21:00 UTC
Ecuador's Correa Support to Chile in Peru Border Dispute

Ecuador's President Rafael Correa wished Chile well in its maritime-border dispute with Peru that both countries have agreed will be resolved by an international court.
Wednesday, March 12th 2008 - 21:00 UTC
Chile revamps famed pension system

Some 600,000 poor Chileans will receive monthly pensions starting in July under a law signed Tuesday by President Michelle Bachelet that plugs gaps in Chile's widely copied private pension system
Wednesday, March 12th 2008 - 21:00 UTC
Brazil is Chile's main direct foreign investment target

Santiago daily La Tercera reported that Brazil has become the top destination for Chilean foreign direct investment in 2007: more than 44% of the Chile's foreign direct investment, 427 million US dollars, was directed towards South America's largest economy.
Tuesday, March 11th 2008 - 21:00 UTC
Chile/Ecuador agree to explore for gas in Gulf of Guayaquil

Chile and Ecuador will join in exploring for oil in the Gulf of Guayaquil, visiting Ecuadorian President Rafael Correa said Monday in Santiago.