Latin America

Thursday, September 11th 2008 - 21:00 UTC
Peru tries to cool fastest growing regional economy

The Peruvian Central Bank raised on Thursday its benchmark interest rate to 6.5% from 6.25%, the latest of several measures to curb inflation. The announcement followed a release from the Ministry of Economy and Finance saying the economy had expanded in July at an estimated 8.9% boosted y by domestic demand and construction industry.
Wednesday, September 10th 2008 - 21:00 UTC
Cristina Kirchner and Chavez named in Miami trial

The names of Argentina and Venezuela presidents Cristina Fernandez de Kirchner and Hugo Chavez openly emerged in the first hearings of a trial in Miami involving an international cash scandal last year, followed by illegal foreign agents threatening to silence the alleged couriers in United States.
Wednesday, September 10th 2008 - 21:00 UTC
Russian bombers land in Venezuela for exercise

Two Russian strategic bombers landed in Venezuela on Wednesday as part of military exercises, an unprecedented deployment to the territory of a new ally at a time of increasingly tense relations with United States
Tuesday, September 9th 2008 - 21:00 UTC
Oil drops to 100 USD; Saudis say market “well balanced”

Crude oil fell to a five-month low in New York and Brent oil in London dropped below 100 US dollars a barrel as traders remained confident that the OPEC meeting in Vienna would not decide to reduce production.
Monday, September 8th 2008 - 21:00 UTC
Russian sea and air power temporarily based in Venezuela

Russia plans to temporarily station a nuclear-powered missile cruiser and anti-submarine aircraft in Venezuela, foreign ministry spokesman Andrei Nesterenko said Monday in Moscow.
Monday, September 8th 2008 - 21:00 UTC
NGO highlight Chilean salmon industry labor problems

Influential NGOs Oxfam Chile and Fundación Terram began the second phase of their “Not Afraid To Go Against The Current” campaign, an effort originally launched in January to highlight questionable labor and environmental practices within Chile's farmed salmon and trout industry.
Sunday, September 7th 2008 - 21:00 UTC
Chile investing 18 million USD in new London embassy

Chile is planning a four stories building in London to house its embassy as of next year when the contract for the current location on 12 Devonshire Street comes to an end.
Sunday, September 7th 2008 - 21:00 UTC
Colombia finds second oil well; signs accord with India

Colombia's government owned Petroleum Corporation, ECOPETROL announced the discovery of a promising well in the province of Huila to the southeast of the country with initial tests of 900 barrels of oil per day.
Sunday, September 7th 2008 - 21:00 UTC
Caribbean chapter of the US-Russia Georgia dispute

The Venezuelan government confirmed on Sunday that four Russian naval vessels will participate in joint exercises in the Caribbean next November, a move that could further strain relations between Washington and Moscow following the Russian invasion of Georgia.
Saturday, September 6th 2008 - 21:00 UTC
Protesters paralyze Bolivian highways, airport

Protesters stormed a small airport Friday and blocked major highways across eastern Bolivia in a standoff over central government reforms designed to empower Bolivia's indigenous majority.