Latin America

• Friday, June 18th 2010 - 04:31 UTC

  Cuba facing dramatic power shortage calls for ‘energy-saving’

  

  Cuban Vice President Ramiro Valdes issued a call to “step up” energy-saving measures on the island in the face of the increase in electricity use in recent months, official Communist Party daily Granma said Thursday.

• Friday, June 18th 2010 - 00:40 UTC

  Brazil and Peru sign agreements to strengthen cooperation and energy integration

  

  Brazil and Peru signed several accords which strengthened regional integration with particular emphasis on energy. The event followed a meeting between Presidents Lula da Silva and Alan Garcia met in Manaus, state of Amazon.

• Friday, June 18th 2010 - 00:37 UTC

  Salmon farming in Chile greater environmental threat than estimated

  

  Salmon farms in Chile are a worse threat to the environment than originally thought following on unexpected results from a German scientific research team studying communications among whales in the southern Pacific along Chilean Patagonia.

• Friday, June 18th 2010 - 00:16 UTC

  Peru plans to boost oil production to half a million barrels in five years

  

  Peru forecasts a liquid hydrocarbons production of half a million barrels per day in five years time, said Daniel Saba head of Perupetro the country’s company that awards and supervises all oil and gas contracts.

• Friday, June 18th 2010 - 00:13 UTC

  Veteran politician replaces Chilean outspoken ambassador in Argentina

  

  Adolfo Zaldívar, the president of Chile’s Independent Regional Party (PRI), is now Chile’s new ambassador to Argentina.

• Thursday, June 17th 2010 - 22:30 UTC

  Less Europeans travelling to Chile, more Chileans visiting the old continent

  

  The number of Chileans travelling to Europe is up sharply, thanks to the lower value of the Euro – down 9.74% between January and February of this year – which makes travel to Europe more attractive.

• Wednesday, June 16th 2010 - 04:46 UTC

  Chile’s most expensive properties cost around 3.700 USD per square meter

  

  The most expensive residential buildings per square meter in Chile are located in the Metropolitan Region’s boroughs of Las Condes and Vitacura. In these areas, properties prices are double that of other boroughs such as Ñuñoa and downtown Santiago.

• Wednesday, June 16th 2010 - 04:24 UTC

  Unasur fearful of overlapping with the Andean Pact and Mercosur

  

  The Union of South American Nations (UNASUR) Secretary General Néstor Kirchner said on Tuesday he hopes for the block to “create profound policies in the region” but without overlapping on other regional organizations such as Mercosur.

• Tuesday, June 15th 2010 - 00:22 UTC

  Ecuador’s new hydrocarbons bill ready for Congress, announces Correa

  

  Ecuador President Rafael Correa said over the weekend that a new hydrocarbons bill is ready and will be sent to the National Assembly. The bill will allow the government to speed the shift from production contracts to service contracts for oil companies operating in Ecuador.

• Monday, June 14th 2010 - 23:39 UTC

  In five years Chileans living more than doubled in five years

  

  While 850,000 Chileans lived abroad in 2005, now, just five years later, Chile’s consulates estimate the number has soared to two million.