Venezuelan President Hugo Chávez delegated some powers to his vice president and finance minister on Saturday, hours before a planned departure to Cuba for cancer treatment.
Uruguay broke Argentina's hearts, beating the hosts 5-4 on penalties to book a Copa America semi-final with Peru after Carlos Tevez missed the crucial spotkick.
The Chilean central bank kept its benchmark interest rate unchanged this week for the first time since January as signs of slower growth abroad and a moderation in domestic output and demand provided space to delay additional increases.
The Chilean Securities and Insurance Supervisor (SVS) announced on Wednesday that it would be pressing charges against more than a dozen executives at Chilean retail giant La Polar.
Venezuelan President Hugo Chavez will travel to Brazil for cancer treatment, a Brazilian government source told reporters, following his return home after an operation in Cuba.
A haze of tear gas floated through the air, blending in with Santiago’s smog as the Chilean flag atop La Moneda sat in solitude with an occasional breeze. Lemon halves littered the streets as flying glass bottles shattered on the concrete.
“Saving in US dollars or in soybeans is the same” cautioned Argentine economist Carlos Melconian, who argued that “grain and oilseed prices are more linked to the value of the dollar than to demand for food produce”.
China will become Latin America's second largest trade partner as early as in 2015, the UN Economic Commission for Latin America and the Caribbean (ECLAC) said this week.
International relations between Chile and Bolivia are tense and could worsen, considering the impact of a Monday press release from Bolivia’s Ministry of Foreign Relations.
Latin America and the Caribbean will maintain the recovery that began in the second half of 2009, following the international economic crisis and are poised to grow 4.7% in 2011 with a strong boost from domestic demand, according to the latest report from the Economic Commission for Latin America and the Caribbean.