Latin America

Friday, October 3rd 2008 - 21:00 UTC
Latinamerican markets collapse; Brazil down the most

On the eve of the crucial vote in the US House of Representatives, Latinamerican markets tumbled Thursday dragged by Wall Street (down 3.22%), with Brazil's Bovespa and Argentina's Merval suffering the largest losses.
Friday, October 3rd 2008 - 21:00 UTC
Regional support for Correa and new Ecuador constitution

South American Nations Union country members congratulated on Thursday the people and government of Ecuador for the passing and approval of the new Constitution, voted last Sunday, according to an official release made public in Santiago de Chile.
Thursday, October 2nd 2008 - 21:00 UTC
Suitcase scandal: trail leads to Chavez number two

The former partner of a US/Venezuelan citizen on trial in Miami for allegedly trying to cover up the origin of nearly 800,000 US dollars in political cash that was carried in a suitcase into Argentina testified Wednesday that both governments were deeply involved in trying to quell the scandal.
Wednesday, October 1st 2008 - 21:00 UTC
S. American leaders blame financial crisis on US irresponsibility

Four of South America's leaders meeting in the Amazon accused the United States on Tuesday of “irresponsibility” in its handling of a financial crisis that has dried up credit markets and threatens economies around the world.
Wednesday, October 1st 2008 - 21:00 UTC
US freezes assets of FARC representatives in the region

The United States Treasury Department on Tuesday froze the US assets of eight members of the Revolutionary Armed Forces of Colombia, or FARC, which it has deemed a narco-terrorist organization.
Wednesday, October 1st 2008 - 21:00 UTC
Ecuador calls on Europe to reform migration policies

Ecuador spoke out against the European Union's policy on migration during the General Assembly's annual high-level debate Tuesday, stressing the need to protect the right of people to move freely.
Tuesday, September 30th 2008 - 21:00 UTC
Chilean peso looses 22% value in dollar terms in 6 months

Chile's Central Bank on Monday called an early halt to the 8 billion US dollars foreign-exchange intervention plan that has seen the peso depreciate 22% against the US dollar since April arguing the impact of international financial markets.
Tuesday, September 30th 2008 - 21:00 UTC
Chile debates re-nationalization of fresh water resources

A broad coalition of Chilean politicians, Church leaders, environmentalists, indigenous groups and labor unions is calling on Chilean authorities to renationalize the country's fresh water resources.
Tuesday, September 30th 2008 - 21:00 UTC
Richest Latinamerican warns of financial crisis impact

Mexican billionaire Carlos Slim and Latinamerica's richest man is calling the current financial crisis the worst he has ever seen and anticipated it is going “to impact everybody”. It's a very difficult situation and it will affect all economies he added.
Tuesday, September 30th 2008 - 21:00 UTC
Brazil and Argentina markets suffer record day losses

Stock markets in Latinamerica crashed on black Monday 29, following the US House of Representatives rejection of the bi partisan bail out package which had been painfully stitched over the weekend.