Latin America

• Wednesday, January 18th 2012 - 03:08 UTC

  Relief for Humala as second vice-president finally resigns over corruption claims

  

  Peruvian Vice President Omar Chehade has resigned over corruption allegations but lawmakers expect him to try to hang onto his seat in Congress, where he could face an expulsion vote later this week.

• Wednesday, January 18th 2012 - 02:47 UTC

  Chile’s ENAP plans to drill 15 hydrocarbons exploratory wells in Tierra del Fuego

  

  Chile’s government owned oil and gas company ENAP presented this week the environmental impact study for an exploratory drilling round in the Province of Tierra del Fuego which includes fifteen wells and will demand an investment of 30 million dollars.

• Wednesday, January 18th 2012 - 02:38 UTC

  Colombia aims to become Latam third largest economy by 2015

  

  Colombia aims to be Latin America's third largest economy after Brazil and Mexico by 2015, said the country's trade minister this week during a business conference in Madrid.

• Monday, January 16th 2012 - 18:30 UTC

  Chile with 50% hydro power by 2034, but serious energy shortages in 2015

  

  President Sebastián Piñera announced a 20-year plan for Chile’s energy needs at the annual energy dinner in front of the country’s top executives in the electricity sector. The president said the plan aims to create “a cleaner energy, that is safer, more economical and that agrees with the energy requirements of our country.”

• Monday, January 16th 2012 - 07:24 UTC

  New Guatemala president pledges ‘mano dura’ against crime and insecurity

  

  Retired army Gen. Otto Perez Molina was sworn in as Guatemala's president Saturday, pledging to take a tough stand on crime amid growing insecurity in the Central American nation.

• Monday, January 16th 2012 - 07:18 UTC

  Chile prepares for “crossed pressures” on the Falklands’ conflict 30th anniversary

  

  The Chilean Foreign Affairs ministry has been very busy doing a complete review of norms and of maritime traffic and international trade agreements in the event of what are considered growing pressures from Argentina to establish a sort of “regional blockade” against the Malvinas Islands, a UK Overseas Territory.

• Monday, January 16th 2012 - 03:56 UTC

  Chilean student leader launches book and considers entering formal politics

  

  The popular student leader and vice president of the University of Chile’s Student Federation (FECh), Camila Vallejo launched her new book “Podemos cambiar el mundo” or “We can change the world” at a central park in the capital Santiago de Chile on the second day of the centenary celebration of the Communist Party, Fiesta de los Abrazos.

• Sunday, January 15th 2012 - 09:32 UTC

  Ahmedinejad Visits Latin America, Washington Implores and Seethes

  

  At the best of times, the U.S. government is regarded as somewhat out of touch with what's happening in the American “heartland,” much less the world at large, so much so that the phrase “inside the Beltway” was coined to define the syndrome.

• Sunday, January 15th 2012 - 01:03 UTC

  Chavez pledges that if an opposition candidate wins, he will hand power

  

  Venezuela's Hugo Chávez said that if an opposition candidate wins this year's presidential election he will be the first to recognize the rival's victory and hand over power.

• Sunday, January 15th 2012 - 00:40 UTC

  New York ablaze with world music at the ninth annual globalFEST 2012

  

  World music was ablaze once again at the ninth annual globalFEST 2012. The sold out event at New York City’s Webster Hall showcased 12 musical acts from 5 continents on 3 stages.