Latin America

Thursday, June 12th 2008 - 21:00 UTC
Cubans who work more will get higher salaries

In what some experts call Raúl Castro's boldest break yet from socialism, Cuban state companies have until August to overhaul their salary structures to one that pays hard-workers more than slackers, the government newspaper reported Wednesday.
Thursday, June 12th 2008 - 21:00 UTC
Bishops praise Chavez for back stepping on his “snitch law”

Archbishop Reinaldo del Prette from the Venezuelan city of Valencia has praised the decision by President Hugo Chavez to review a controversial law on national intelligence that some say would violate fundamental rights such as the seal of confession.
Thursday, June 12th 2008 - 21:00 UTC
Pax survive aircraft crash and 5 days in southern Chile forest

A plane carrying 10 people that disappeared four days ago in Chile's frigid southern forests was found Wednesday with nine survivors who stayed alive by huddling for warmth, sharing food and sheltering in the plane's wreckage.
Thursday, June 12th 2008 - 21:00 UTC
“Whale hunting ban is not enough to protect sanctuary”

A recent proposal to make Chile's entire coastline as a no-hunt whale sanctuary may not be enough to safeguard Chile's whales, according to world-renowned marine biologist and conservationist advocate Rodrigo Hucke-Gaete.
Wednesday, June 11th 2008 - 21:00 UTC
London world's leading financial centre; Santiago in Latam

London has been named the most influential financial centre in the world for the second consecutive year in spite of competition from fast rising hubs in Asia, according to MasterCard's second annual survey.
Wednesday, June 11th 2008 - 21:00 UTC
Venezuela invites private sector with joint ventures

Venezuelan president Hugo Chávez said foreign investors have no longer “any room in the country” because they are only interested in making money and transferring earnings overseas. However, he invited private companies to joint ventures in “non strategic” areas of the economy.
Wednesday, June 11th 2008 - 21:00 UTC
Methanex plant in P. Arenas will appeal to coal for electricity

Canada's Methanex plant in the extreme south of Chile is planning to generate electricity from coal thus sparing more natural gas to convert into methanol, announced the company in Punta Arenas.
Tuesday, June 10th 2008 - 21:00 UTC
“Disney Magic” cruise pays record Panama Canal toll

The US cruise ship “Disney Magic” paid a record 331,200 US dollars to cross the Panama Canal. The 295-meter-long cruise owned by a subsidiary of Walt Disney Co, broke the transit record on May 16, the Panama Canal Authority said.
Monday, June 9th 2008 - 21:00 UTC
Chile's richest families assets total 71 billion U$D

In the last four years, wealth controlled by Chile's richest families grew by 45% to 71 billion US dollars, according to a study done by Chilean financing evaluation company LarrainVial, consulting company Accenture and the Universidad Adolfo Ibáñez.
Monday, June 9th 2008 - 21:00 UTC
Carter helps bring Ecuador and Colombia closer

Ecuador and Colombia Presidents have accepted to renew diplomatic relations at the level of Chargé d'Affairs immediately and with no pre conditions following on a proposal from former US president Jimmy Carter.