
Colombia’s government and central bank announced new measures to stem a rally in the peso after President Juan Manuel Santos expressed concern its appreciation is hurting exporters and job growth.

Peru’s former Finance Minister Mercedes Araoz said she will run for president next year as a candidate for President Alan Garcia’s Apra party. The independent candidate was proclaimed this week as presidential candidate by Apra’s Executive Committee and thus joins the growing rank of women presidents and candidates in the region.

There is a largely untapped lesbian, gay, bisexual and transgender (LGBT) market in Latin America, according to a recent survey.

Venezuelan President Hugo Chavez announced the nationalization of steelmaker Sidetur and of several real estate developers that failed to complete housing projects.

The Spanish newspaper El Pais is strengthening its presence in Latin America after starting this week with an edition in Chile that will be distributed together with the Santiago daily La Tercera.

Support for Chilean President Sebastian Piñera rose to new highs in October after the dramatic rescue of 33 trapped miners, a poll showed Tuesday, strengthening his hand as he pushes his first budget through Congress.

Venezuelan President Hugo Chavez and Colombian counterpart Juan Manuel Santos agreed Tuesday to strengthen ties through energy projects as they sought to improve relations and leave behind recent bitter disputes.

A bill allowing cruise vessels to operate their on board casinos and other gambling activities while in Chilean territorial waters was presented Tuesday in the Chilean congress. The proposal is a long standing demand from the international cruise industry.

Cuban President Raul Castro told unionists to accept layoffs and reforms that open the way for private enterprise as necessary for the survival of socialism.

A newly released regional report on economic inequality ranked Chile as one of the top 15 countries in the world with the worst inequality of income distribution and declares Latin America and the Caribbean to be the region with the worst inequality worldwide.