Latin America

• Wednesday, June 4th 2008 - 21:00 UTC

  Chilean truckers strike 48 hours to demand fuel relief

  Despite Chilean President Michelle Bachelet's announcement of a one billion US dollars subsidy boost, Chile's Confederation of Truck Drivers, CNDC, said that demands for fuel tax relief have not been met.

• Monday, June 2nd 2008 - 21:00 UTC

  Bolivia takes full control over British owned gas pipeline

  Bolivia continued Monday with its nationalizing policy taking over all assets belonging to the gas pipeline company Transredes which is half owned by Royal Dutch Shell and Ashmore Energy International.

• Monday, June 2nd 2008 - 21:00 UTC

  Peru plans to grow 7% annually until at least 2015

  Peru is planning a sustained growth averaging 7% until 2015, with minimum inflation based on the opening of the economy that has seen tariffs drastically cut in the last two years, said the country's Economy minister Luis Carranza during a visit to Chile where he was the main speaker at a trade forum.

• Monday, June 2nd 2008 - 21:00 UTC

  Chile pumps one billion dollars to help stabilize fuel prices

  

  Chile announced Monday a one billion US dollars injection to the fuel prices stabilization fund and another 250 million US dollars to prop the government owned fuel company ENAP in an attempt to ease the impact of ever increasing international crude prices.

• Monday, June 2nd 2008 - 21:00 UTC

  Chilean ruling coalition cringes and leaders call for unity

  Leaders from the Chilean coalition that has ruled since the return of democracy in 1990 warned that a setback in the coming municipal elections of next October could clear the way for a possible conservative victory in the 2009 presidential election.

• Sunday, June 1st 2008 - 21:00 UTC

  Significant outlays in Punta Arenas airport concession renewal

  Next July 24 the Chilean Public Works ministry will announce the name of the company that will be awarded the concession of the Punta Arenas airport, in the extreme south of the country, said Juan Francisco Miranda the regional representative for the ministry.

• Sunday, June 1st 2008 - 21:00 UTC

  Tracking satellite for Chilean military and civilian use

  Chile's Defence Ministry will be deciding in the coming days the acquisition of a satellite, dual purpose, military and civilian which is estimated would cost in the range of 70 million US dollars, according to military sources in Santiago.

• Sunday, June 1st 2008 - 21:00 UTC

  Unemployment creeps in Chile with 8.2% in Santiago

  Unemployment continues to creep up in Chile, but the construction and financial services sectors softened the blow by adding more jobs in April than any other sector, the Chilean Statistics Institute (INE) reported on Thursday.

• Saturday, May 31st 2008 - 21:00 UTC

  World's richest man confident in Latinamerica's future

  

  Carlos Slim, president of Telmex, Mexico's telecommunications giant said he was confident in the current and future growth of Latinamerica during his participation in a forum in Mexico City to celebrate the country's fiftieth anniversary of the Economics Circle.

• Saturday, May 31st 2008 - 21:00 UTC

  TACA passenger jet crashes in Honduras; 5 killed

  A jetliner overshot a runway and raced onto a busy street in the Honduran capital on Friday, killing the pilot, two passengers and a motorist on the ground. At least 65 people were injured.