Latin America

Wednesday, January 28th 2009 - 20:00 UTC
Mexican migrant remittances fall for first time on record

Mexican migrant remittances fell in 2008 for the first time on record, Mexico's central bank said Tuesday. Remittances are Mexico's second-largest source of foreign income after oil and they plunged 3.6% to 25 billion US dollars in 2008 compared to 26 billion for the previous year.
Wednesday, January 28th 2009 - 20:00 UTC
Venezuela stronger than Germany or Spain, says Chavez

President Hugo Chavez boasted that Venezuela has more foreign reserves to face the current global crisis that Spain or Germany, following a cabinet meeting which was broadcasted live.
Wednesday, January 28th 2009 - 20:00 UTC
Iran efforts in Latinamerica concern US Defence Dpt.

United States Defence Secretary Robert Gates told Senators that although much attention was given to Russia's recent courting of some Latin American countries he is more concerned about new activities of Iran in the region.
Tuesday, January 27th 2009 - 20:00 UTC
Morales “encouraged” with US attitude to Sunday's referendum

Bolivian president Evo Morales described as “encouraging” the congratulation message from President Barack Obama administration on Sunday's referendum for the approval of a new constitution, according to reports in the Cuban television.
Tuesday, January 27th 2009 - 20:00 UTC
Job losses in Latam expected to reach 2.4 million says ILO

The International Labour Organisation (ILO) says as many as 2.4 million Latin Americans could lose their jobs this year due to the global economic crisis.
Monday, January 26th 2009 - 20:00 UTC
Exit polls show Bolivians approved new constitution

Bolivian voters approved a new constitution on Sunday to give the indigenous majority more power, let President Evo Morales (first elected indigenous president) run for re-election and give him a tighter control over the economy.
Monday, January 26th 2009 - 20:00 UTC
Cuba calls for “a first step” from the Obama administration

Cuba has again urged the new US administration of President Barack Obama to act fast towards improving relations between Washington and Havana according to press reports from Guatemala City at the meeting of Non-Aligned Movement foreign affairs ministers meeting.
Monday, January 26th 2009 - 20:00 UTC
After victory Bolivian government calls on opposition

The government of Bolivia called on the opposition to accept the results of Sunday's constitutional referendum which are considered a huge victory for President Evo Morales, although the first official results (18% vote count) indicate a similar number of Ayes and Nays.
Sunday, January 25th 2009 - 20:00 UTC
Chavez, Uribe team up to face world slowdown

The presidents of Colombia Alvaro Uribe and Venezuela Hugo Chavez pledged this weekend to invest 100 million US dollars each in a special fund in hopes of boosting cross-border trade during a meeting held in Cartagena, Colombia.
Saturday, January 24th 2009 - 20:00 UTC
Bolivia's Morales Nationalizes British Petroleum Unit

Bolivian President Evo Morales on Friday nationalized BP subsidiary Chaco after no deal was reached in talks aimed at securing a majority stake for the state energy company.