Latin America

• Sunday, January 23rd 2011 - 16:26 UTC

  Opportunity for Latin America?

  

  The dynamics of the past few months regarding the price of oil, prime materials and food stuffs, worryingly reminds us of what happened to the world economy mid-2008. At the time the sky high price of oil – which reached U$147 a barrel - and the food crisis caused havoc.

• Saturday, January 22nd 2011 - 07:02 UTC

  Oil Price in Venezuela at Two Year High

  

  Figures released by the Venezuelan Ministry of Energy and Petroleum said the average price of crude oil sold by Petroleras de Venezuela (PDVSA) rose this week to U$ 86.79 up from U$ 85.987 last week.

• Friday, January 21st 2011 - 18:51 UTC

  Mutiny on board Gorch Fock: Germany Begins Investigation

  

  The German Government has ordered an investigation into a reported muting on their training ship the Gorch Fock, which is said to have taken place last year. The Gorch Fock tall ship was ordered to dock in the Argentine city of Ushuaia early on Friday to await experts, after reports of a revolt in November.

• Thursday, January 20th 2011 - 23:52 UTC

  Sixty Percent of Visits Cancelled to Southern Chile

  

  Seven days of protests and demonstrations, widespread international coverage, and dramatic warnings of violence in the Magallanes Region took their toll on the tourism industry in southern Chile’s Punta Arenas.

• Thursday, January 20th 2011 - 23:35 UTC

  Chilean Commission Finds Mines Owners Responsible for Collapse

  

  The Chilean commission investigating the mining disaster in the Atacama desert last year, has found the owners of the San Jose mine and the National Service of Geology and Mines responsible for the accident and the Chilean government free of any blame.

• Thursday, January 20th 2011 - 18:35 UTC

  Chile and Peru Best Time in Bilateral Relations

  

  Chilean President Sebastian Piñera and Peru’s Alan Garcia agreed on Wednesday to downplay Lima’s suit against Santiago over maritime boundaries in favor of economic integration to combat poverty and underdevelopment. They instead outlined that bilateral relations are going through the best ever time, in term of relations.

• Thursday, January 20th 2011 - 16:37 UTC

  LAN Chile To Merge With TAM Soon

  

  The Chilean airline Lan announced that it has agreed with the Brazilian airline TAM the terms for the merge of the two airlines, which will take place in the next six to nine months

• Thursday, January 20th 2011 - 03:34 UTC

  Unemployment in Latin America and Caribbean Falls in 2010

  

  Latin America and the Caribbean experienced rapid employment recovery in 2010 to pre-crisis levels, but the challenge of improving the working conditions of millions of workers still remains, according to data provided by the ILO, which will hold its 17th American Regional Meeting in Chile next week with delegates from 35 countries of the continent.

• Wednesday, January 19th 2011 - 22:45 UTC

  Coca-Based Drink Launched in Bolivia

  

  Coca Brynco was launched in Bolivia earlier this week. It is the first mass produced soft drink of its kind and the project is supported by the government of President Evo Morales.

• Wednesday, January 19th 2011 - 22:39 UTC

  Former Haiti Dictator Charged With Embezzling

  

  Former Haitian dictator Jean-Claude Duvalier has been charged with embezzling public funds Tuesday, but a judge must still decide whether the indictment can proceed.