Latin America

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.
Monday, December 3rd 2007 - 20:00 UTC
Fidel Castro readies to play the role of elder statesman

Cuban leader Fidel Castro who is recovering from a long illness was nominated Sunday for a seat in the National Assembly opening the way for him to resume governing.
Monday, December 3rd 2007 - 20:00 UTC
Billiton insists in building the world's largest mining group

Mining group Rio Tinto said the takeover approach of about 130 billion US dollars from BHP Billiton is “a couple of ballparks away” from its true value.
Sunday, December 2nd 2007 - 20:00 UTC
Venezuela votes on drastic political and property changes

A referendum is being held in Venezuela today to decide on a constitutional amendments that would give President Hugo Chávez more power. One of the changes would make it possible for the president to be re-elected for an unlimited number of terms.
Sunday, December 2nd 2007 - 20:00 UTC
Spanish investors moderately optimistic about 2008 Latam

Less growth, more inflation, tougher decisions than so far but nothing catastrophic is the 2008 forecast of Spanish businesses that have strong investments in Latinamerica and are planning to further expand their positions.
Saturday, December 1st 2007 - 20:00 UTC
Human rights experts alarmed by Venezuelan reforms

Three independent United Nations human rights experts on Friday voiced concern about planned constitutional reforms in Venezuela, saying the proposed changes could curb civil liberties and breach the South American country's international treaty commitments.
Saturday, December 1st 2007 - 20:00 UTC
Desperate efforts from Chavez to ensure his victory

Venezuelan President Hugo Chavez threatened Friday to interrupt oil exports to the United States if violence breaks out after a controversial and hotly contested weekend referendum.
Friday, November 30th 2007 - 20:00 UTC
All eyes on Ecuador's reforms debate and squabbling neighbors

Confronted Colombia and Venezuela presidents Alvaro Uribe and Hugo Chavez will have to act politely on Friday if they cross each other during the official inauguration of Ecuador's constitutional assembly seated in Ciudad Alfaro, 500 kilometers from the capital Quito.
Friday, November 30th 2007 - 20:00 UTC
Colombia “prudently” downplays incident with Venezuela

Colombia hasn't received an official statement from Venezuela on diplomatic relations between the two nations and will act with “prudence and discretion”, Colombian Foreign Minister Fernando Araujo said on Thursday.
Friday, November 30th 2007 - 20:00 UTC
Brazil to construct Chile's largest coal fueled complex

Brazil's giant EBX recently announced plans to build the largest coal-fired energy-producing complex in Chile, to be named Castilla, which will be located near the Region III city of Copiapó. Market sources indicate that the investment associated with this type of power plant would exceed 2 billion US dollars.