Latin America

Friday, December 7th 2007 - 20:00 UTC
Uribe proposes a “meeting zone” for hostages exchange

Colombian president Alvaro Uribe said he is willing to create a “meeting zone” to enable talks to take place with the country's Revolutionary Armed Forces, FARC, aimed at freeing rebel-held hostages.
Wednesday, December 5th 2007 - 20:00 UTC
DAP incorporates a BAE 146/200 for Antarctic activities

DAP Airways the main regional private air service company in the extreme south of Chile has incorporated a 100 seats BAE 146-200 unit to its fleet, leased from the British company Flightline.
Wednesday, December 5th 2007 - 20:00 UTC
The Police group drummer apologizes to Chilean president

The drummer for The Police has apologised to the Chilean president after apparently implying that he found her less attractive that her Argentine counterpart.
Tuesday, December 4th 2007 - 20:00 UTC
Contract to explore world's largest iron ore deposit

Bolivian President Evo Morales has signed into law a contract for India's Jindal Steel and Power to develop the massive El Mutun iron ore deposit through a 2.1 billion US dollars investment, believed to be the largest foreign investment in Bolivia's history.
Tuesday, December 4th 2007 - 20:00 UTC
Praise for Venezuela but Chavez promises “we will prevail”

Latinamerica praised the “democratic maturity” of the Venezuelan people, the European Union expressed satisfaction and the United States welcomed the defeat of Venezuelan President Hugo Chavez's controversial reform plans in Sunday's referendum.
Tuesday, December 4th 2007 - 20:00 UTC
South America ready to launch two major regional projects

Two major regional projects are scheduled to be launched on the second week of December in South America, designed to boost economic integration. Chile, Bolivia and Brazil will formally announce the start of construction work on the bi-oceanic corridor linking the three nations on December 11.
Tuesday, December 4th 2007 - 20:00 UTC
Chilean Central Bank has new president MIT educated

Chilean president Michelle Bachelet on Monday named economist José De Gregorio as the new president of Chile's Central Bank (BC). De Gregorio, currently the BC's vice president, will replace Vittorio Corbo, whose term expires on December 6.
Tuesday, December 4th 2007 - 20:00 UTC
The world's third highest waterfall discovered in Peru

The third highest waterfall in the world is in the Peruvian Amazon rain forest and measures 895.4 meters according to the country's Nacional Geographic Military Institute, IGN. The announcement was made by Foreign Trade and Tourism minister Mercedes Araoz.
Monday, December 3rd 2007 - 20:00 UTC
Punta Arenas methanol plant diversifies gas supply

Canada's Methanex Corporation the world's largest producer of methanol announced it agreed to finance Chilean natural gas explorations by GeoPark holdings in exchange for a share of the gas it finds in the Magallanes basin.
Monday, December 3rd 2007 - 20:00 UTC
Venezuela said NO to Chavez's Referendum new powers

Venezuelan voters narrowly rejected a constitutional referendum that would have bolstered President Hugo Chavez's embrace of socialism and granted an indefinite extension of his eligibility to serve as president, the National Electoral Council reported early Monday.