Latin America

• Sunday, October 9th 2011 - 10:07 UTC

  Chile/Holland prepare for the 400th anniversary of Kaap Hoorn/Cabo de Hornos

  

  Chile and Holland have begun activities in anticipation of the major celebration of the discovery of Cabo de Hornos/Kaap Hoorn which will be officially commemorated 19 January 2016.

• Sunday, October 9th 2011 - 10:04 UTC

  Chilean inflation in September picks up; central bank to keep buying dollars

  

  Chilean inflation rose 0.5% in September and the trade balance narrowed as falling copper output forced the first monthly year-on-year fall in exports in over two years.

• Sunday, October 9th 2011 - 09:40 UTC

  IDB has 3bn dollars reserve fund in the event of a major global crisis

  

  The Inter American Development Bank, IDB, has a special reserve for emergency loans of 3 billion dollars “in the event of a major global financial crisis”, said Roberto Vellutini, IDB Vice-president following meetings in Paraguay.

• Sunday, October 9th 2011 - 07:20 UTC

  Chilean controversial Patagonia mega-dam project to be appealed at Supreme Court

  

  A Chilean appeals court in Puerto Montt voted 3 to 1 to reject seven lawsuits brought against the proposed controversial HidroAysén hydroelectric mega-dam approved by the Chilean government on May 9 of this year.

• Saturday, October 8th 2011 - 09:29 UTC

  LAN surprises restaurant patrons with free roundtrip tickets to South America

  

  LAN Airlines, South America's premier airline, has just surprised patrons of New York restaurant Nuela with tickets to the region. Close to 200 unsuspecting diners were presented with vouchers that can be redeemed for one roundtrip ticket to such thrilling destinations as Ecuador, Peru, Chile, and Argentina.

• Saturday, October 8th 2011 - 08:29 UTC

  Santiago de Chile is experiencing highest levels or solar radiation since 2008

  

  Ultraviolet (UV) radiation has increased three points compared to last September in Santiago de Chile, according to a study released by Chile’s National Cancer Corporation (Conac) and the UV monitoring network of the Universidad de Santiago (USACH).

• Saturday, October 8th 2011 - 08:09 UTC

  Latin America has highest rates of intentional homicide, says UNDOC report

  

  The United Nations Office on Drugs and Crime, UNODC, has released its first “Global Study on Homicide”, which shows that young men, particularly in Central and South America, the Caribbean and Central and Southern Africa, are at greatest risk of falling victim to intentional homicide.

• Friday, October 7th 2011 - 22:21 UTC

  Predominance of Chinese demand rattles Chile’s economic prospects

  

  Even when the price of copper, Chile’s number one export, only begun to recover Friday of continued consecutive falls, in September and the first week of October the red metal reached its lowest level in 14 months.

• Friday, October 7th 2011 - 18:08 UTC

  IMF tells Latam to be prepared for a “triple shock”, in the worst of scenarios

  

  Latin American policy makers must be prepared to use interest rate cuts and consider fiscal measures to protect their economies in the event that the global economy stalls, the International Monetary Fund said.

• Friday, October 7th 2011 - 05:52 UTC

  Violent clashes in Santiago as students-government negotiations break down

  

  Chilean students marched in downtown Santiago Thursday, clashing with police and blocking traffic for much of the day, after negotiations with the government over education reforms broke down.