The Organization of American States, (OAS), Secretary General Jose Miguel Insulza said that democracy must impose limits on Latin America’s presidential successive re-election tendency.
IMF warned inflation is threatening South America but also admitted countries had a dilemma since increasing interest rates could further worsen the appreciation of local currencies vis-à-vis the US dollar.
The Chilean government announced on Wednesday a string of measures to help prevent the possibility of more blackouts. Chile is in the middle of a yearlong drought, crippling its ability to produce hydroelectric power.
Chile and Uruguay and another fifteen countries have officially presented plans to the International Atomic Energy Agency for the construction of nuclear plants, revealed AIEA following a four-day meeting on the issue in Vienna.
Chilean farmers and produce distributors estimate that prices will increase for some fruits and vegetables by as much as 10 to 20% within the next 60 days, due to water shortages in northern and central Chile.
Carlos Slim considered by Forbes Magazine the richest man in the world said he’s seeking to boost his investments in Colombia because of the country’s open policy on oil exploration, its mineral assets and growing middle class.
Bolivian President Evo Morales was forced on Thursday to abandon a public event in the face of angry protests over food shortages and price rises. Morales was due to address a parade to commemorate a colonial-era uprising in the mining city of Oruro.
Venezuelan lawmakers exchanged punches in parliament on Thursday when a fight erupted between members of President Hugo Chavez's socialist party and rivals, in a sign of the country’s political polarization.
Colombian President Juan Manuel Santos blasted Thursday the “double moral” of the FARC guerrilla that kidnapped two workers while preparing for the release of several hostages held for years and revealed he was tempted to suspend the liberation operation.
The Inter-American Commission for Human Rights (IACHR), a body within the Organization of American States, has issued Precautionary Measures to protect the Rapa Nui people on Easter Island.