Latin America

• Thursday, July 22nd 2010 - 02:31 UTC

  Mercosur driving the strong recovery in Latam and Caribbean, says UN

  

  Latin America and the Caribbean is consolidating its recovery from the global economic slowdown, posting higher-than-expected growth in recent months. Although some countries in the region face serious pitfalls, according to a new United Nations report, Mercosur stands out as driving the revival.

• Wednesday, July 21st 2010 - 07:07 UTC

  Hundreds of dead penguins washed up on Brazilian beaches

  

  Hundreds of penguins have been washed up dead on the beaches of Brazil southern state of Sao Paulo.

• Wednesday, July 21st 2010 - 07:04 UTC

  Peru and Chile agree on confidence building measures in defence affairs

  

  Peruvian Defence Minister Rafael Rey said this week that representatives from Chile and Peru would meet next Monday for the first time in an effort to establish common criteria for approving military expenditures. Rey also said he would meet with his Chilean counterpart, Jaime Ravinet, in Lima in August.

• Wednesday, July 21st 2010 - 06:43 UTC

  Lan Chile renews fleet and purchases 50 Airbus A320 family

  

  Chile’s flag air carrier Lan Airlines S.A. and its subsidiaries, one of the leading airlines in Latin America, announced Tuesday an agreement for the purchase of 50 modern Airbus A320 family aircraft to be delivered between 2012 and 2016.

• Wednesday, July 21st 2010 - 06:16 UTC

  Chile begins reconstruction of cities hit by February earthquake

  

  Nearly five months after the Feb. 27 earthquake in Chile, the cities of Talca and Curicó, two of the hardest hit areas have begun the first steps to rebuild their historic centres, which together account for almost 364 blocks of severely damaged landscapes.

• Wednesday, July 21st 2010 - 05:49 UTC

  BP sells assets in US, Canada and Egypt to pay clean up bill

  

  British Petroleum is to sell assets in Texas, Canada and Egypt, to part-fund the clean-up cost of the Gulf of Mexico oil spill. The oil giant said it had reached a 7 billion US dollars deal with US-based oil production firm Apache Corp.

• Tuesday, July 20th 2010 - 04:20 UTC

  Southern Cone frozen: 100 dead and thousands of cattle lost

  

  The polar wave that has trapped the Southern Cone of South America has caused an estimated one hundred deaths and killed thousands of cattle, according to the latest reports on Monday from Argentina, south of Brazil, Uruguay, Paraguay, Chile and Bolivia.

• Monday, July 19th 2010 - 04:24 UTC

  Positive sustained growth prospects for Latin America in 2010, forecasts IMF

  

  The Latin American economy could grow by as much as 5% this year, more strongly than previously expected (4%), driven by Brazil's vigorous expansion, according to a senior International Monetary Fund official.

• Monday, July 19th 2010 - 00:47 UTC

  Latinamerica’s richest businessman digs for gold in Mexico

  

  Billionaire Carlos Slim, in the short list of world’s richest and number one in Latinamerica is digging for gold in Mexico, taking advantage of bullion prices that touched a record last month while awaiting a broader economic rebound.

• Monday, July 19th 2010 - 00:21 UTC

  Spain calls for ‘understanding’ from released Cuban political prisoners

  

  Spanish Foreign Affairs minister Míguel Angel Moratinos called for “understanding” from the released Cuban political prisoners which arrived in Spain and who are complaining about their ‘undefined’ legal status.