Latin America

Thursday, April 19th 2007 - 21:00 UTC
Latinamerica upbeat about prospects for 2007 and 2008

Latin American economies have improved fiscal positions and achieved better shape than they have in decades, and risks to that stem mostly from the United States and China, according to a World Economic Forum report issued this week.
Wednesday, April 18th 2007 - 21:00 UTC
Chávez hints at buying Argentine nuclear plant

Venezuelan President Hugo Chávez raised the idea of buying a nuclear power plant from Argentina yesterday and playfully suggested to his Colombian colleague Alvaro Uribe that it could be set up near Venezuela's border with Colombia.
Wednesday, April 18th 2007 - 21:00 UTC
“Chavism” is non existent, “it's a president with a checkbook”

Chilean former president Ricardo Lagos denied the existence of “Chavism” (President Chavez ideology) both in Venezuela and in the rest of Latinamerica but rather “a charismatic president with a lot of money available and who lacks a solid political support”.
Tuesday, April 17th 2007 - 21:00 UTC
Chile's main retail market chains invest in Punta Arenas

The Punta Arenas retail market in the extreme south of Chile has significantly grown in recent years, attracting Chile's leading retailers. Retail giants Lider, Fallabella, La Polar and Johnson's have opened branches in the southern Region XII city over the past three years, and saw profitable returns in 2006.
Sunday, April 15th 2007 - 21:00 UTC
Ecuador: Landslide victory for Correa and new political model

Ecuadorian President Rafael Correa achieved a solid political victory following the landslide support in Sunday's referendum to call a constitutional assembly with full powers to review the chart and set the foundations for a “new model” of country.
Friday, April 13th 2007 - 21:00 UTC
IMF recommends “careful vigilance” of credit expansion in Latinamerica

The International Monetary Fund, IMF said Latin America's private credit expansion requires “careful vigilance”, particularly with household loans and collateral conditions.
Thursday, April 12th 2007 - 21:00 UTC
Al Gore dumps Barrick Gold sponsorship for Chile visist

Al Gore has dumped financial backing from controversial Canadian mining company Barrick Gold for his upcoming Santiago event “Global Warming and Climate Change: The Time Has Come to Act.” The Academy Award-winning environmentalist distanced himself from any association with the mining company, which owns the controversial Pascua Lama gold mine.
Wednesday, April 11th 2007 - 21:00 UTC
Excellent prospects for South American soybean farmers

The international soybean market, the main crop in Argentina and Brazil, is showing excellent prospects for South American farmers reports Oil World a reputed publication from the industry
Wednesday, April 11th 2007 - 21:00 UTC
Bolivia “shifts strategy” and attacks coca growing stronghold

Bolivia opened a new front this week in its fight to reduce illegal coca production, sending United States backed eradication teams into a traditional coca-growing region in the Andean foothills long avoided by previous governments.
Wednesday, April 11th 2007 - 21:00 UTC
Emergency plan to preserve Ecuador's Galapagos islands

Ecuadorean President Rafael Correa ordered his cabinet ministers to urgently discuss ways of preventing environmental degradation in Ecuador's famed Galapagos Islands. Correa's suggestions include restricting tourist and residency permits as well as flights to the islands.