
An estimated 17 million people will suffer unemployment in Latin America well into 2012 according to latest estimates from the Economic Commission for Latin America and the Caribbean, ECLAC.

Blackouts blamed on forest fires left without power whole areas of north and central Venezuela, including Caracas, officials said. The power outages began last Thursday due to the collapse of electrical lines located 250 kilometres west of Caracas, Electricity Minister Ali Rodriguez said.

Bolivia has fallen from second to sixth place in the ranking of largest holder of proven natural gas reserves in South America, with Peru behind Venezuela as the two leading countries, admitted a Bolivian Hydrocarbons Association, or CBH, report.

A Guatemalan judge granted the country’s First Couple divorce petition thus opening the way for First Lady Sandra Torres to run in September’s presidential election for which her husband President Alvaro Colom is barred under constitutional rule.

The presidents of Colombia, Venezuela Juan Manuel Santos and Hugo Chavez held a non announced meeting with their Honduran peer Pofirio Lobo and said they were committed to help the outcast country rejoin the Latin American family by returning to the Organization of American States, OAS.

China on Sunday reported a surprise quarterly trade deficit of 1.02 billion US dollars, the first in six years as it settles to rebalance its export oriented economy to boost domestic consumption in the next five years.

Former army officer and politically nationalist Ollanta Humala won the most votes in Peru’s presidential elections, though will need to wait for full results to know who he’ll face in a June runoff.

Chile and the world’s southernmost town, Puerto Williams, is to open up to mass tourism under a new investment program approved by the government.

British music icon Paul McCartney has confirmed that he will play the Estadio Nacional in Santiago on May 11 this year. It will be the star’s second show in Chile; he played the same venue in December 1993.

Peruvian voters appealed to clever and skilful mechanisms using the Twitter net to avoid the ban on releasing the latest public opinion polls ahead of Sunday’s April 10 presidential election.