Latin America

• Thursday, April 17th 2008 - 21:00 UTC

  FAO asks Latam for help to prevent high food prices

  

  The governments of Latin America must act to prevent high global food prices from increasing malnutrition in the region, officials from the UN Food and Agriculture Organization warned this week in Brasilia.

• Thursday, April 17th 2008 - 21:00 UTC

  Chilean Central Bank purchases help to prop US dollar

  

  The dollar closed in Santiago money markets at 456.6 Chilean pesos on Thursday, up from 434.1 Chilean pesos a week ago. This rapid gain comes in the wake of Chile's Central Bank's announcement last week that it would buy 8 billion US dollars over the course of the year.

• Tuesday, April 15th 2008 - 21:00 UTC

  Hello Miami: Long lines in Cuba for cellular phones

  Hundreds of Cubans queued for blocks outside phone stores on Monday to sign up for cellular phone service for the first time. Contracts cost about 120 US dollars and do not include a phone or credit to make and receive calls.

• Sunday, April 13th 2008 - 21:00 UTC

  Haiti's Congress sacks Prime Minister over food riots

  Haiti Parliament voted on Saturday to oust Prime Minister Jacques Edouard Alexis following widespread anger over rising food prices that led to days of deadly protests and looting.

• Sunday, April 13th 2008 - 21:00 UTC

  Indian president begins strategic tour of Latam countries

  India's President Pratibha Patil left on Saturday for a Latinamerican tour of Brazil, Mexico and Chile with the purpose of strengthening trade, investment and political ties with the region.

• Sunday, April 13th 2008 - 21:00 UTC

  Chavez calls FARC to release civilians and stop kidnapping

  Venezuelan President Hugo Chavez confirmed he was working for the release of a third group of hostages held by the Colombian guerrilla group FARC, including Ingrid Betancourt and urged the rebels to free all civilian hostages.

• Sunday, April 13th 2008 - 21:00 UTC

  World Bank grant for Haiti to prop social safety net programs

  The World Bank announced Sunday a 10 million US dollar grant for Haiti to help the Government respond to the increasing, unaffordable prices of food for poor families.
  
  In Haiti, the prices of rice, corn, beans, cooking oil and other foodstuffs have increased significantly in the last few months.

• Friday, April 11th 2008 - 21:00 UTC

  Record copper prices and record budget surpluses in Chile

  

  The Chilean government said Thursday that the record high copper price reached on the London Metal Exchange, over 4 US dollars a pound, is “good news” but also demands prudence.

• Friday, April 11th 2008 - 21:00 UTC

  Chile intervenes foreign exchange mart to weaken Peso

  

  Chile's central bank, under pressure from Congress and exporters to weaken the peso, announced Thursday it will buy 8 billion US dollars in currency markets this year to increase reserves and in response to the sharp appreciation against the dollar.

• Friday, April 11th 2008 - 21:00 UTC

  Brazil is promoting South American Defence Council

  

  Brazil's Minister of Defence Nelson Jobim announced visits to neighboring countries to promote the Brazilian initiative for a South American Defence Council. Addressing the Defence and Foreign Affairs committees of the Brazilian Congress Mr. Jobim said next Monday he would be traveling to Venezuela, Surinam and Guyana the first leg of the regional tour.