Latin America

• Thursday, May 6th 2010 - 20:02 UTC

  New Natural Gas Discoveries in the Extreme South of Chile

  

  Argentine based GeoPark Holdings (LON:GPK) has reported the successful testing of two new wells on the Fell Block in southern Chile.

• Thursday, May 6th 2010 - 19:45 UTC

  Colombian Candidate Warns: No Peace Talks Unless Constitution is Respected

  

  Colombia’s leading presidential candidate Antanas Mockus promised that if elected president he will continue the military fight against the FARC rebels, unless the group abandons violence and kidnapping and accepts constitutional rule.

• Thursday, May 6th 2010 - 19:42 UTC

  Foreign Direct Investment in Latam Expected to Soar 40/50% in 2010

  

  Foreign direct investment (FDI) flows to Latin America and the Caribbean will rebound in 2010, rising 40% to 50%, after dropping in 2009 as a result of the global crisis, according to ECLAC's (United Nations Economic Commission for Latin America and the Caribbean) annual report released Wednesday.

• Thursday, May 6th 2010 - 19:32 UTC

  Spain Excludes Honduran President from Summit on Pressure from UNASUR

  

  Only days after several UNASUR (Union of South American Nations) representatives said they would not attend the Sixth Latin America, the Caribbean and the European Union Summit if Honduran President Porfirio Lobo was invited, the Spanish Government has decided to exclude him from the meeting, according to sources in the Brazilian Government.

• Thursday, May 6th 2010 - 03:03 UTC

  Several UNASUR Members Could Skip Madrid Summit because of Honduras

  

  Several UNASUR member countries plan to skip the upcoming Latin America, the Caribbean and the European Union Summit (EU-LAC) in Madrid if Honduran President Porfirio Lobo is invited, Ecuadorian President Rafael Correa said in Buenos Aires.

• Wednesday, May 5th 2010 - 23:30 UTC

  Cuba Boosts Tourism Industry and Plans to Develop “Virgin Regions”

  

  Cuba received a record one million tourists in the first four months and announced a policy of “real estate development” associated with boosting marinas, golf courses and other tourist investments, mainly in “virgin regions”.

• Wednesday, May 5th 2010 - 21:19 UTC

  France Demands “Fair and Prompt” Compensation for Bolivian Nationalizations

  

  France's government demanded “fair and prompt” compensation from Bolivia for the nationalization of a power plant half-owned by French utility GDF Suez (EPA:GSZ).

• Wednesday, May 5th 2010 - 21:15 UTC

  “Transgenic Fight Back”: Evo Morales Car Stolen by “Bald Suspect”

  

  A car used by Bolivian President Evo Morales was stolen when the driver went to buy bread rolls for the president's breakfast, officials said.

• Wednesday, May 5th 2010 - 06:43 UTC

  Néstor Kirchner as UNASUR Secretary General is an “Embarrassment”

  

  Néstor Kirchner's appointment as UNASUR Secretary-General is “an embarrassment” because “he doesn't believe in dialogue or diplomacy, or the organization as a whole”, claimed dissident Argentine lawmaker Eduardo Amadeo, interviewed by the Buenos Aires Herald.

• Wednesday, May 5th 2010 - 05:58 UTC

  Chile Moves to Regulate and Permit Cultivation of GM Crops

  

  Chilean Agriculture Ministry José Antonio Galilea announced this week plans to introduce legislation to regulate and permit the cultivation of genetically modified (GM) crops in Chile.