Latin America

Saturday, August 14th 2010 - 02:47 UTC
Merger of Chile’s Lan and Brazil’s Tam to become the region’s largest carrier

Two major South American airlines announced on Friday plans to merge and create the biggest carrier in the region. Brazil's largest airline TAM Linhas Aereas will be teaming up with Chile's LAN.
Friday, August 13th 2010 - 07:03 UTC
Unasur, Argentina, Venezuela condemn car-bomb “terrorist action” in Colombia

The Union of South American Nations, Unasur, Argentina and Venezuela were among several to condemn the car bomb attack perpetrated Thursday morning in the Colombian capital, Bogotá that left at least nine people injured and which President Juan Manuel Santos described as a “terrorist action”.
Friday, August 13th 2010 - 06:55 UTC
San Jose tragedy: Piñera demands resignation of mining regulatory board

Chilean president Sebastián Piñera called for the resignation of top officials from the national mining regulatory body (the National Geologic and Mining Service of Chile, Sernageomin) as a result of last Thursday’s mine collapse in northern Chile, where 33 miners remain trapped. Sernageomin’s national director, the regional director and the sub-director of were all named in the announcement.
Friday, August 13th 2010 - 04:12 UTC
Chilean ruling coalition senators condition approval of Unasur charter

Senators from Chile’s coalition junior partner announced they support the approval of the Unasur, Union of South American Nations charter previous compliance with several ‘basic conditions’.
Friday, August 13th 2010 - 04:06 UTC
Asian and Latinamerican corporations buying Argentine assets

In the nineties most Argentine companies were purchased by companies with headquarters in New York or Madrid but in this decade they come from less glamorous countries: China, India, Brazil, Russia and unsuspected places such as Mexico, Peru and Colombia.
Friday, August 13th 2010 - 03:20 UTC
Chilean and Swedish companies insist with new pulp mill in Uruguay

Chilean wood pulp producer Celulosa Arauco y Constitucion SA seeks to continue its regional expansion as it develops plans for a new pulp mill in Uruguay, Arauco's corporate director, Franco Bozzalla, said this week.
Friday, August 13th 2010 - 02:44 UTC
Valparaiso receives 140 thousand USD from Unesco for reconstruction efforts

During the 34th convocation of the UNESCO World Heritage Foundation recently held in Brazil, members discussed the importance of reconstruction efforts in the Chilean coastal city of Valparaíso, a UNESCO World Heritage site, in the aftermath of February’s earthquake.
Thursday, August 12th 2010 - 20:34 UTC
Piñera Invites Ecuadorian President To Meeting In Antarctica

Chilean president Sebastian Piñera invited Ecuadorian President Rafael Correa to join him in a visit to Antarctica to continue diplomatic discussions concerning Chile’s ongoing maritime border dispute with Peru. The trip is expected to take place between Nov. 6 and Nov. 8.
Thursday, August 12th 2010 - 18:11 UTC
US Dollar Drops To Its Lowest Level In Six Months

Globally the US dollar has been sinking this year and the Chilean peso has fared particularly well against it.
Thursday, August 12th 2010 - 04:58 UTC
Chilean president to spend most October and November overseas

Chilean president Sebastián Piñera will be travelling to the United States, Europe and Asia in the coming months with the purpose of boosting trade and investment, announced Wednesday Foreign Affairs minister Alfredo Moreno.