Latin America

Tuesday, May 24th 2011 - 00:54 UTC
Euro troubles and slower growth in China and EU hit Latin American markets

Latin American stocks fell to an eight-month low on Monday triggered by concerns that the Euro zone debt problem was deepening and signs of slower growth in China. The region’s largest market Brazil’s Bovespa ended at its lowest since July 2010
Monday, May 23rd 2011 - 06:04 UTC
Colombia’s oil company makes new discovery; plans to drill another ten wells in the block

Colombian state oil company Ecopetrol said it made a new discovery at a well in the south-eastern Caño Sur block, of which the company is the sole owner and operator.
The Mito-1 exploratory well yielded an average of 200 barrels per day of heavy oil in initial testing, Ecopetrol, which plans to drill another 10 wells at that block in the near future, said.
Monday, May 23rd 2011 - 06:01 UTC
Mexico Casterns throws his hat into the IMF MD election ring

Mexico central bank Governor Agustin Carstens will be presented as a candidate for managing director of the IMF, the Finance Ministry said in an e-mailed statement Sunday.
Monday, May 23rd 2011 - 04:13 UTC
Colombia/Venezuela broker agreement for Honduras return to OAS

Colombia and Venezuela brokered an agreement between Honduras's incumbent president and its deposed former leader to try to help the Central American nation be readmitted to the Organization of American States.
Monday, May 23rd 2011 - 04:06 UTC
Peruvian president says he’s rather fond of Chavez with whom fights are over

Peruvian outgoing president Alan García said on Sunday that the days of rivalry and fights with his peer Hugo Chavez are over and admitted he’s quite fond of the Venezuelan president whom he considers a man “respectful of institutions and power”.
Monday, May 23rd 2011 - 00:36 UTC
Unasur defence strategic studies centre opens this week in Buenos Aires

UNASUR (Union of South American Nations) Secretary General Maria Emma Mejia and several defence ministers from the region will be meeting in Buenos Aires this week for the official inauguration of the Defence Strategic Studies Centre, CEED, which is to become the first permanent body of Unasur Defence Council.
Monday, May 23rd 2011 - 00:31 UTC
Over 300.000 Cubans have opted to work in the private sector as ‘self-employed’

The number of Cubans working in the private sector continues to rise and now includes over 300,000 as a result of President Raul Castro government’s economic reforms that have been implemented since last October.
Monday, May 23rd 2011 - 00:25 UTC
Chilean naval officers to court for kidnapping and torture of Anglo-Chilean priest

Chilean Judge Julio Miranda of the Valparaíso Court of Appeals formally presented last week an accusation against 10 retired navy officers for the kidnapping and torture of Anglo-Chilean priest Michael Woodward.
Monday, May 23rd 2011 - 00:09 UTC
Argentina and Chile organize winter land SAR operation in Antarctica

Argentina and Chile Antarctic organizations are planning this year’s edition of the Search and Rescue training operation which is scheduled to take place sometime between August and September in the Antarctic Peninsula
Sunday, May 22nd 2011 - 23:31 UTC
Chile, Peru and Costa Rica join the Geneva based UN Human rights council

Chile, Peru and Costa Rica will be representing Latin America and the Caribbean in the UN Human Rights Council for the next three years, following a round of balloting among UN member states over the weekend.