Russia has increased arms sales to Latin America but Moscow’s interests in the region are “purely commercial” said Russian Foreign Affairs minister Sergei Lavrov following talks with his Mexican counterpart, the last stop of a regional tour that included Cuba, Guatemala and Nicaragua.
President Hugo Chavez's government said it is not interested in buying electricity from neighbouring Colombia despite Venezuela's struggles with severe energy shortages.
The cost of rebuilding Haiti’s homes, schools, roads and other infrastructure could soar to nearly 14 billion US dollars according to a new study by economists at the Inter-American Development Bank.
Marriage numbers have fallen 50% in Chile during the past 20 years, according to data made public last week by the Civil Statistical Registry.
Heads are rolling at the Chilean mint after a coin went into circulation which mangled the country's name. The 50-peso coins - worth about 6p - were issued in 2008, but no-one noticed they read Chiie rather than Chile until late last year.
Brazil’s Foreign Secretary Celso Amorim said that The Washington Post criticisms of the Organization of American States, OAS, Secretary General Jose Miguel Insulza are “totally without foundation” and reiterated Brazil’s support for his re-election next month.
Chevron and Repsol YPF SA will lead development of two 15 billion US dollars projects to pump and refine Venezuelan crude after winning the country’s first oil auction since President Hugo Chavez took office 11 years ago.
The free trade agreement between Peru and China will become effective next March first, following the green light from Beijing’s all powerful Council of State, said the Peruvian Foreign Trade and Tourism ministry in an official release.
More Indian companies are looking to do business in Latinamerica as they seek exposure to growing markets and a more secure investment destination, according to The Wall Street Journal.
Chilean president-elect Sebastian Piñera presented on Tuesday a cabinet of business leaders and academics, with economist Felipe Larrain as Finance minister and Juan Andres Fontaine as Economy minister.