Latin America

• Monday, May 9th 2011 - 00:47 UTC

  Ecuador’s Correa wins referendum to tighten grip on the Judiciary and the press

  

  Ecuadorian President Rafael Correa claimed victory in a referendum on government and social reforms that critics have charged is a disguised attempt to consolidate more power in a still fragile democracy.

• Friday, May 6th 2011 - 06:29 UTC

  FDI in Uruguay has soared in last five years and reached 1.6 billion USD in 2010

  

  Foreign direct investment, FDI, in Uruguay during 2010 reached 1.627 billion US dollars which represents a 29% increase over 2009 and puts the country among the top six FDI recipients in South America and eighth in the region, according to the latest report from the UN Economic Commission for Latin America and the Caribbean, ECLAC.

• Friday, May 6th 2011 - 06:20 UTC

  Chile launches campaign to promote domestic tourism

  

  Sernatur, Chile’s National Tourism Office, has officially launched the second part of its “Chile es Tuyo” (Chile is Yours) campaign to encourage domestic tourism. The project, which is overseen by Secretary of Tourism Jacqueline Plass, and Sernatur’s National Director Alvaro Castilla, is especially hoped to encourage tourism during the country’s off-season, which runs from March until November.

• Thursday, May 5th 2011 - 10:53 UTC

  Scientists plan to recreate Darwin’s five year voyage on HMS Beagle replica

  

  An international group of scientists plan to recreate Charles Darwin’s five-year sea voyage around the world aboard a replica of the HMS Beagle. They plan to set sail from London in 2014.

• Wednesday, May 4th 2011 - 23:15 UTC

  IMF warns Latam of ‘complacency’, leading to overheated economies

  

  Economic growth in much of Latin America remains strong, propelled by rising commodity prices, easy financing conditions, and stimulative policies. Growth exceeded 6% in 2010, and while it is projected to moderate to about 4¾% in 2011, the IMF says countries should remove the policy stimulus on a timely basis.

• Wednesday, May 4th 2011 - 23:12 UTC

  Argentina’s economic performance ‘below’ South America’s average

  

  The Argentine ‘development model’ had had its successes but it belongs to the average group of most South American countries that benefited by the explosive advance of commodity prices and since 2007 has fallen to the bottom half of performers in the region according to former Economy minister Martin Lousteau.

• Wednesday, May 4th 2011 - 22:58 UTC

  Peru accepts Ecuador maritime borders, much to Chile’s chagrin

  

  Peru recognized maritime borders with Ecuador on Monday employing the same criteria they took Chile to The Hague in 2008 for using.

• Wednesday, May 4th 2011 - 22:49 UTC

  Radioactive contamination found in Japanese cars ready to unload in Chile

  

  Last Sunday Chile’s customs agency in the northern Iquique port detained a cargo ship carrying 2,500 Hyundai cars after at least 21 of the cars were found with traces of radioactive contamination.

• Wednesday, May 4th 2011 - 22:37 UTC

  Royal Caribbean awarded the “Investment in People” prized

  

  Royal Caribbean Cruises Ltd. received recognition for its shipboard “Building On Talent” leadership development program during this year's Seatrade Awards Ceremonial Dinner.

• Wednesday, May 4th 2011 - 21:17 UTC

  Latam FDI soars 40% in 2010, mainly natural resources and services

  

  Latin America and the Caribbean was the region with the strongest percentage increases as a recipient and source of Foreign Direct Investment (FDI), according to a report presented Wednesday in Mexico City by the Economic Commission for Latin America and the Caribbean, ECLAC.