
By Trent Boultinghouse - This week marked the 39th anniversary of the Chilean coup d’etat that ousted the constitutional president of Chile, Salvador Allende, from office and gave rise to the vicious dictatorship of General Augusto Pinochet. Pinochet was known for his adherence as an unabashed apostle to a hard-lined laissez-faire free market economic policy that was widely seen as the impetus for Chile’s economic revival.

The individual average annual income of the Falkland Islands residents totals £ 20.100 (approx 32.000 US dollars) according to data from the latest 2012 Census, which also showed an exceptionally high economic activity rate and a very tight labour market with just 1% unemployment and 20% of residents with a second job.

Former Argentine Vice-president Carlos ‘Chacho’ Alvarez was chosen as head of the Electoral Observers mission that Unasur will be sending to Venezuela for the coming presidential elections on October 7.

A failure in a main transmission line in central Cuba caused a blackout that cut electricity for hours to more than half the country on Sunday night, but now power has been mostly restored, the government said on Monday.

Democracy is in retreat in some Latinamerican countries warned the Mexican president Felipe Calderon in the Russian city of Vladivostok where he attended the APEC summit forum, (Asia-Pacific Economic Cooperation).

Mexican opposition leader Andres Manuel Lopez Obrador, who twice contested second-place losses in presidential elections, said he would leave his coalition, a move that threatens to create a rift among leftists in Congress.

Cuba's failure to encourage more foreign investment is crippling its economic performance and putting its goal of sustainable growth in danger unless changes are made, local experts and diplomats said this week.

Bolivia will begin the coming year formal talks for full membership of Mercosur, for which it has the support from Uruguay, said diplomatic sources from both countries, Bolivian Deputy Foreign minister Juan Carlos Alurralde met with his Uruguayan counterpart Roberto Conde in the framework of the “Bolivia-Uruguay coordination and consultation mechanism” sixth meeting in La Paz.

Colombian President Juan Manuel Santos rejected a proposal on Thursday by FARC rebels for a bilateral ceasefire during talks next month aimed at bringing an end to half a century of war.

The Argentine blockade can’t stop the Falkland Islands and “if Argentina believes that these aggressions are going to change the mind and spirit of the Islanders, they are dead wrong, much on the contrary”, said Falklands’ lawmakers currently visiting Guatemala on a tour of Central America and Mexico.