Latin America

Monday, August 22nd 2011 - 07:49 UTC
Argentina and Chile jointly promoting tourism to attract more Aussies

Argentina and Chile are jointly promoting their countries in a round of events in Australia with the purpose of drawing more Aussie tourists. The promotion coincides with the recent announcement of Australia’s flag carrier Qantas direct flights to Santiago de Chile.
Monday, August 22nd 2011 - 07:22 UTC
Chavez health and ‘arbitrary laws’ make S&P downgrade Venezuela’s rating

US ratings agency Standard & Poor's downgraded Venezuela's foreign and local currency sovereign ratings by one notch Friday, citing the country's political risk as a credit weakness.
Monday, August 22nd 2011 - 07:10 UTC
Venezuela has requested 99 tons of gold holdings from the Bank of England

Venezuela’s central bank has requested its 99 tons of gold holdings from the Bank of England, according to a bank statement sent by e-mail, citing the institution’s president Nelson Merentes.
Monday, August 22nd 2011 - 06:55 UTC
Uruguay and Colombia have best ‘business climate’ in Latin America

Business climate remained stable in Latin America during the second quarter of the year in spite of signs of the incipient global financial crisis, according to the Brazilian Foundation and think-tank Getulio Vargas. Uruguay and Colombia led the pack of the most pro-business countries in the region.
Saturday, August 20th 2011 - 06:52 UTC
Latam markets follow world trend but fall less than the US and EU

Latin American stocks fell on Friday as deepening fears of a US recession and a wider financial crisis that could result from Europe's debt troubles kept investors cautious.
Saturday, August 20th 2011 - 06:43 UTC
Peru halts coca plants eradication and works to redesign new anti-drugs program

Peru has temporarily halted the eradication of coca plants used to make cocaine as it works to redesign its anti-drug programs, the country's interior ministry announced this week.
Saturday, August 20th 2011 - 06:37 UTC
Feisty Uruguay wins respect from neighbours and investors

The following feature piece from Reuters written by Hillary Burke and Malena Castaldi gives an idea of Uruguay’s international standing.
Friday, August 19th 2011 - 10:31 UTC
In spite of freezing climate, 100.000 Chileans march for education reform

Thousands marched down Santiago’s Alameda thoroughfare on Thursday, calling once more for sweeping reforms to Chile’s public education system. The march began around 10:30 when 4,000 demonstrators gathered at the downtown corner of San Martin and Alameda, then continued westward down Alameda past the Los Héroes subway stop.
Friday, August 19th 2011 - 10:16 UTC
US reviews deportation policy involving 300.000 illegal immigrants

US President Obama administration said Thursday it would postpone the deportation of illegal immigrants without criminal records and allow them to apply for work permits as it reviews over 300.000 cases.
Friday, August 19th 2011 - 09:51 UTC
Colombia in full sync with Cristina, says visiting Colombian president

Colombia “fully identifies with the government of Cristina (Fernandez de Kirchner)” because it shares democratic values and welfare and development objectives, said President Juan Manuel Santos the first Colombian leader on an official visit to Argentina for over a decade.