Latin America

Tuesday, June 12th 2012 - 19:42 UTC
The Pacific Alliance, yet another bloc in Latin America

The newly-formed Pacific Alliance bloc seems more like a political club to counterbalance the Atlantic-facing, Brazil-led Mercosur group. However, the bloc accounts for 30% of India’s trade with Latin America. Can India engage the group so it is not left out from their Asia focus?
Tuesday, June 12th 2012 - 09:00 UTC
Massive outburst of support for Chavez as he registered for October 7 presidential election

Thousands of supporters thronged the streets of Caracas Monday to join cancer-stricken Venezuelan President Hugo Chavez as he registered to seek re-election amid ongoing concerns about his health.
Monday, June 11th 2012 - 19:54 UTC
Debate confirms front runner Peña Nieto as most probable next Mexican president

Mexico's presidential front-runner Enrique Peña Nieto emerged largely unscathed in a televised debate on Sunday night after his adversaries failed to take advantage of an increase in opposition to his bid.
Monday, June 11th 2012 - 05:38 UTC
Bolivia’s Morales nationalizes zinc and tin mines licensed to Swiss group

Bolivia announced on Sunday the nationalization of the mining company Colquiri to the west of the country and which belongs to the Swiss group Glencore. The announcement by Minister of the Presidency, Juan Ramon Quintana, followed a meeting with the mining unions and the villages from Colquiri region.
Monday, June 11th 2012 - 05:34 UTC
Major Indian steel company readies plans to scrap huge mining project in Bolivia

India's Jindal Steel & Power said on Saturday it was making plans to scrap a 2.1 billion dollars steel project in Bolivia, saying the Bolivian government had not met contract terms that include supply of natural gas for the project.
Monday, June 11th 2012 - 05:25 UTC
The past haunts Chile: film praising Pinochet triggers violent clashes in Santiago

Hundreds of protesters clashed violently with police in the Chilean capital as they demonstrated on Sunday against the screening of a new documentary honouring the late dictator Augusto Pinochet.
Saturday, June 9th 2012 - 02:46 UTC
Chile’s May inflation on target but government fears external risks

Chile's consumer price index remained unchanged in May, the government statistics agency INE said on Friday, slowing its pace from April as lower food and transport prices offset higher electricity costs. Prices rose 0.1% in April, the INE said last month.
Friday, June 8th 2012 - 20:30 UTC
Pinochet remains a strongly divisive figure in Chilean public opinion

Chilean Executive spokesperson Andrés Chadwick asserted the government’s impartiality toward Sunday’s screening of “Pinochet,” a documentary on Chile’s former dictator, amid calls from human rights organizations and local and national politicians for President Sebastian Piñera to intervene.
Friday, June 8th 2012 - 20:05 UTC
Chile plans to drill eight wells looking for oil and gas in Magallanes region

Chilean government oil and gas corporation, ENAP, presented this week the environment impact assessment for a project to drill eight wells for the extraction of hydrocarbons in the extreme south region of Magallanes in the so-called “Sub-block Manantiales”.
Friday, June 8th 2012 - 02:08 UTC
Alliance of the Pacific emerges as a potent challenge for Mercosur and Brazil

The leading countries of Latin America’s Pacific Rim with the exception of Ecuador and a few Central American countries, agreed to conform the Alliance of the Pacific an ambitious integration project which has good relations with Washington and is targeted to accompany the growing influence of the Asia-Pacific basin.