Honduras's ousted President, Manuel Zelaya failed on Sunday in a dramatic attempt to fly back to his country. His plane circled the Tegucigalpa airport, but it could not land as the authorities had blocked the runway.
Bolivia, Brazil and Chile have announced that the inter-oceanic corridor, from the Atlantic to the Pacific will be finished by 2011. The announcement was made following an assessment of the different legs of the corridor during a meeting in La Paz, Bolivia between the Public Works ministers of the three countries.
In spite of its misfortune or long standing mismanagement in the US, General Motors Corp. has built a thriving powerhouse operation in Latin America, where its fuel-efficient vehicles are playing a crucial role in returning the battered company to health.
Venezuela has taken formal control of its third largest bank, the previously Spanish-owned Banco de Venezuela. The first instalment of a 630 million US dollars price tag was made amid much ceremony in the capital Caracas, with nearly all the shares passing to the government.
Ousted President Manuel Zelaya has vowed to return to Honduras on Sunday, despite being threatened with arrest. The Honduran Catholic Church called on all parties to avoid a “blood bath”.
Peruvian Prime Minister Yehude Simon said on Friday he planned to “irrevocably” step down next week following heavy criticism of the government's handling of violent Amazon protests in which at least 50 people died last month.
The head of the Organisation of American States has said he found no willingness in Honduras' interim government to restore ousted President Manuel Zelaya. Jose Miguel Insulza said that unfortunately, in Honduras the conditions are not there for Zelaya's return.
World Bank group president Robert B. Zoellick underlined that Latinamerican largest countries are better prepared to face the world crisis, based on strong budgets and primary surpluses and the development of effective social policies.
Uruguay’s main opposition party performed much better than anticipated according to official results of last Sunday’s primary elections for the nomination of presidential candidates for October’s elections.
Honduran interim president Roberto Micheletti rejected Wednesday an ultimatum from American governments to reinstate ousted leader Manuel Zelaya to the presidency. The ongoing political crisis has sparked new protests in the capital Tegucigalpa which is under military curfew.