The difficult international situation has not affected the equity markets integration process of Colombia, Chile and Peru, said the president of Colombia’s Stock Exchange, Juan Pablo Córdoba.
Latin American markets edged up on Tuesday, albeit uneasily, after data showed the US services sector unexpectedly picked up steam in August and growing confidence that the region is prepared to withstand global turbulence.
Argentina and Brazil defence ministers confirmed the two countries “strategic alliance” and subscribed a bilateral cooperation declaration emphasizing on the South Atlantic as “a Peace Zone, free of nuclear weapons”.
Colombia’s new defence minister vowed on Monday a forceful response to illegal armed groups and more innovation in confronting guerrillas and drug barons in the country.
Colombia's largest retailer Almacenes Exito SA launched a 2.5 trillion peso (1.4 billion dollars) stock sale for local and foreign investors Monday, the proceeds of which will be used to expand into Uruguay and elsewhere.
Latin American stocks fell on Monday as fears of a recession in Europe and the United States mixed with anxiety about the health of global banks to drive indexes below support levels, suggesting more losses.
Gen. Julio Casas Regueiro, an accountant who fought in Cuba's revolution, then used his training to run the military's lucrative economic enterprises for two decades before becoming defense minister, has died, state television reported. He was 75.
Chile on Sunday declared two days of national mourning after rescuers gave up hope for 21 people believed killed when an air force plane crashed off Juan Fernandez (Robinson Crusoe) Island in the Pacific.
Chile's student organizations are waiting for the road map promised for Monday by government authorities following Saturday’s meeting with President Sebastian Piñera for nearly four hours in the government palace.
After the first four bodies were salvaged from the Chilean aircraft and new parts of the fuselage were found, near Juan Fernández islands, Mayor Leopoldo González deemed it impossible that there are any survivors to the accident. “The plane is 26 metres below the sea,” he explaine.