Latin America

Saturday, August 9th 2008 - 21:00 UTC
Bolivia, Shell reach agreement in nationalization

Bolivia has reached an agreement in principle to purchase the local operations of energy company Royal Dutch Shell PLC as part of President Evo Morales' nationalization push.
Friday, August 8th 2008 - 21:00 UTC
Chilean court upholds contamination fine on Shell Oil company

A Chilean court this week upheld a decision fining Shell Oil Company US$676,000 for contaminating beaches three years ago in the northern Chilean city of Antofagasta.
Friday, August 8th 2008 - 21:00 UTC
UN calls for peaceful recall referendum in Bolivia next Sunday

United Nations Secretary-General Ban Ki-moon called Friday on all sides in Bolivia to ensure that Sunday's recall referendum on the President, Vice-President and regional governors is conducted in a peaceful atmosphere.
Thursday, August 7th 2008 - 21:00 UTC
Brazil and Paraguay ready for the Itaipu energy price dispute

Paraguay and Brazil are preparing for a long dispute over prices from energy generated in South America's largest dam, shared by the neighboring countries, but which is almost entirely absorbed by the industrial hub of Sao Paulo.
Thursday, August 7th 2008 - 21:00 UTC
Bolivia's recall vote could confirm political stalemate

Bolivian President Evo Morales is expected to survive a recall vote this Sunday but there are growing concerns about the ongoing political stand off with the conservative opposition which is intent in blocking many of his reforms they define as “socialist”.
Wednesday, August 6th 2008 - 21:00 UTC
Growing violence in Bolivia ahead of Sunday's recall vote

Clashes between striking Bolivian miners and the police which left at least two people dead and dozens injured forced the cancelling of a regional summit with Argentina's Cristina Fernandez de Kirchner, Venezuela's Hugo Chavez and host Evo Morales.
Wednesday, August 6th 2008 - 21:00 UTC
Venezuela once again Argentina's last resort lender

Venezuela again acted as lender of last resort for Argentina having acquired a billion US dollars in sovereign bonds, at “close to market rates” according to Argentine financial sources.
Wednesday, August 6th 2008 - 21:00 UTC
Peru: highest regional economic growth prospects in 2008/09

The Inter-American Development Bank (IDB) reported that Peru's growth expectations rose from 7.8 to 8.3% in 2008, placing Peru as the country with the highest growth rate in the region.
Wednesday, August 6th 2008 - 21:00 UTC
Red Cross emblem: Uribe wants full truth from military

The International Red Cross said Wednesday from Geneva that Colombia broke the Geneva Conventions by deliberately using the humanitarian group's emblem during the covert military mission that freed French-Colombian Ingrid Betancourt and other hostages.
Tuesday, August 5th 2008 - 21:00 UTC
Fall in minerals' prices plunges Latam stock markets

Latin American stock markets plunged Monday, led by a slide in Brazilian and Mexican equities as prices for resources sparked a broad sell-off and growing fears about the performance of the US economy.