The Union of South American Nations, UNASUR is holding an emergency summit in Buenos Aires to discuss the situation in Ecuador and express full support for President Rafael Correa, who was virtually kidnapped for hours by protesting members of the police force until freed by Army troops.
Ecuador’s elite forces freed President Rafael Correa late Thursday in a raid on a hospital where police held him captive as part of wage dispute that regional leaders labeled an organized coup attempt.
The fossil of a giant penguin that lived 36 million years ago has been discovered in Peru. Scientists say the find shows that key features of the plumage were present quite early on in penguin evolution.
Argentina granted political asylum Thursday to a former Chilean guerrilla fighter charged in his country with assassinating a senator and kidnapping a businessman, whose extradition was repeatedly requested by the government of Sebastian Piñera. The decision has the potential to sour bilateral relations.
Chilean president Sebastian Piñera on Thursday reiterated that next year's budget would aim to ease a rapidly appreciating currency that is hurting the country’s exporters.
Families of 29 of the 33 workers trapped in a collapsed Chilean mine Thursday filed suit against their employer, seeking 29 million dollars in damages, an adviser to the families said.
Ecuadorean President Rafael Correa said he is the target of a coup attempt after police and soldiers protesting wage cuts assaulted him Thursday during a demonstration in the capital Quito. The mutinous forces also cut air traffic at the capital’s main airport.
Integrated Peruvian, Chilean and Colombian stock-exchange operations are set to begin November 22 announced the president of Peru's stock exchange Roberto Hoyle who said that the integration would attract investors and increase competitiveness .The integration will be an important step to increasing attractiveness and competitiveness, as well as greater capital flows, said Hoyle.
Chilean exporters associations of farmers and manufacturers announced they will be requesting government intervention in the foreign exchange market because the “cheap” dollar is threatening their competitiveness edge and profits.
President Hugo Chávez's Venezuela’s United Socialist party just beat a newly united opposition bloc for the popular vote at Sunday’s legislative election that split the country down the middle, final official results showed.