Latin America

• Thursday, December 15th 2011 - 15:32 UTC

  Lan-Tam clears Brazil antitrust regulator, becomes world’ second largest carrier

  

  Chile Lan Airlines planned 3.2 billion dollars acquisition of Tam SA was approved by Brazil’s antitrust regulator, clearing the final regulatory hurdle for the formation of the world’s second-largest carrier.

• Thursday, December 15th 2011 - 00:45 UTC

  Hong Kong world’s most developed financial market; Brazil in Latam

  

  Hong Kong became the world’s most developed financial market, overtaking the US and the UK for the first time, according to the Financial Development Report 2011 published by the World Economic Forum (WEF) on Wednesday.

• Wednesday, December 14th 2011 - 18:17 UTC

  In summer take your ties off and help save power, says Chilean government

  

  As has happened in other countries, Chilean Energy minister Rodrigo Alvarez has officially launched the campaign, “in summer, no ties” to help save with the use of air conditioners mainly in government offices.

• Wednesday, December 14th 2011 - 17:48 UTC

  Mexican president criticizes the US on its financial misbalances

  

  President Felipe Calderon criticized its powerful neighbour, United States during a speech in which he outlined the G20 agenda for the next twelve months, including the summit, which is under the presidency of Mexico.

• Wednesday, December 14th 2011 - 16:41 UTC

  Chavez seeking re-election announces pension hikes and cash bonus for children

  

  Venezuelan President Hugo Chavez has launched new social programs including hikes in pensions and a 100 dollars a month cash payment for needy children as he prepares for his re-election bid next year.

• Wednesday, December 14th 2011 - 04:14 UTC

  Latam “progressive” countries openly supported tyrants despised by ”Arab Spring”

  

  The so called ‘progressive’ Latin American governments not only did they not support the revolution wave later known as the “Arab Spring” but openly and repeatedly backed the regimes against which the peoples of those countries rebelled.

• Wednesday, December 14th 2011 - 04:02 UTC

  US tries to re-establish full relations with Ecuador, Bolivia and Venezuela

  

  United States continues to dialogue with Venezuela, Bolivia and Ecuador, countries where it has no ambassadors in an attempt to normalize relations, said State Department spokesperson Victoria Nuland.

• Tuesday, December 13th 2011 - 23:28 UTC

  Fearing EU banking crisis, IATA downs drastically airline 2012 profits forecast

  

  The International Air Transport Association (IATA) announced revisions to its industry outlook with profitability for 2011 remaining weak but unchanged at 6.9 billion dollars for a net margin of 1.2%.

• Tuesday, December 13th 2011 - 23:21 UTC

  Cristina Fernandez advances visit to Chile from September to January 25/26

  

  Argentine President Cristina Fernández will make an official visit to Santiago to meet with her Chilean counterpart, Sebastián Piñera at the end of January next year, it was announced Tuesday.

• Tuesday, December 13th 2011 - 22:27 UTC

  Chile leaves benchmark interest rate unchanged for sixth straight month: 5.25%

  

  Chile’s central bank kept its benchmark interest rate unchanged for the sixth straight month at 5.25%, as slowing global growth shows little sign of damping inflation and demand in the world’s biggest copper producer.