Latin America

Tuesday, June 8th 2010 - 00:56 UTC
Most of Pinochet’s 21m USD fortune cannot be legitimately accounted for

A Universidad de Chile investigation has found that of the 21 million US dollars fortune that former Chilean dictator General Augusto Pinochet amassed during his lifetime, 19 million cannot be legitimately accounted for.
Tuesday, June 8th 2010 - 00:29 UTC
Chavez announces purchase of second batch of Chinese K-8 military planes

Venezuela will spend 82 million US dollars on a second batch of Chinese K-8 military training aircraft, President Hugo Chavez announced on Sunday. The Chavez regime has ordered 18 of the light attack and training planes from China and last March received the first six.
Monday, June 7th 2010 - 10:57 UTC
OAS delegates and business sector agree to promote democracy and social equality

The Organization of American States, OAS, member countries and the business sector agreed in Lima, Peru on the need to strengthen and instigate the alliance between the public and private sectors in order to promote democracy, social equality and responsibility, and the fight against crime.
Monday, June 7th 2010 - 09:30 UTC
Chavez insists with his nationalization ‘rampage’

President Hugo Chavez announced plans Sunday to take over more private companies in Venezuela and also said his government should review the use of water by trans-national companies like Coca-Cola and Pepsi.
Monday, June 7th 2010 - 06:28 UTC
US Secretary of State Hillary Clinton begins second trip to Latinamerica

US Secretary of State Hillary Clinton arrived Sunday night in Lima, Peru, for her second trip to the region this year. Ms Clinton will be participating on Monday in the two-day Organization of American States General Assembly hosted by Peru.
Saturday, June 5th 2010 - 06:19 UTC
Chile to celebrate 200th anniversary with four days holiday

Chile has decided to celebrate its 200th birthday over four days as opposed to the two given to its usual birthdays. The legislature has approved a proposal to convert both the Friday before and the Monday after Saturday September 18 into official public holidays.
Saturday, June 5th 2010 - 06:16 UTC
IMF identifies three challenges faced by Latinamerica as world crisis recedes

Removing fiscal stimulus, absorbing capital flows and reducing unemployment are the main challenges facing Latinamerican and Caribbean countries as the global crisis recedes, said IMF Managing Director Dominique Strauss-Kahn during this recent visit to South America.
Saturday, June 5th 2010 - 05:44 UTC
Environmentalists march to protest building of dams in Patagonian Chile

In honour of June 5, World Environment Day, activist groups and artists will march this weekend to protest efforts by electric companies to build hydroelectric plants in southern Chile.
Saturday, June 5th 2010 - 00:59 UTC
US government says there’s no arms race in the Americas

The US government does not consider that there’s an arms race in the Americas and estimates the majority of countries invest more on social areas than in military hardware said Assistant US Secretary of State for Hemispheric affairs, Arturo Valenzuela.
Saturday, June 5th 2010 - 00:41 UTC
Cuba among the most flagrant human rights abusers, says Freedom House

Freedom House released on Thursday ‘Worst of the Worst 2010: The World’s Most Repressive Societies’, its annual report identifying the world’s most flagrant human rights abusers. at a side panel during the 14th session of the UN Human Rights Council.