Latin America

Friday, October 12th 2007 - 21:00 UTC
Nine million children in Latinamerica malnourished

FAO called Friday on Latinamerican governments to fight infant malnutrition in the region which affects nine million children in the region which are born condemned to exclusion,
Thursday, October 11th 2007 - 21:00 UTC
Chile plans to invest 17 billion US dollars in mining industry

Chile's Mining Minister Karen Poniachik disclosed Monday that Chile is anticipating 17 billion US dollars on new gold and copper mining investment in the next five years. Poniachik said the new cash infusion is needed to replace existing mines whose reserves are running out and to bolster output.
Thursday, October 11th 2007 - 21:00 UTC
Venezuelans to pay price of president's moral crusade

President Hugo Chávez has announced sharp tax increases on tobacco and alcoholic beverages, amid a raft of other measures aimed at curbing luxury imports and instilling the new morality of his ''21st Century Socialism.''
Wednesday, October 10th 2007 - 21:00 UTC
600,000 Skiers on Chile's slopes this season

This past winter's unusually cold weather in Chile's central valley had at least one benefit – the mountains were covered in snow, attracting some 600,000 skiers and snowboarders. This figure represents an 11 percent increase compared to the previous season when 522,000 visitors hit the slopes.
Tuesday, October 9th 2007 - 21:00 UTC
Copper at its highest in 41 years and keeps rising

Current boom copper demand has catapulted the value of the metal to its highest price in more than 40 years. The Chilean Copper Commission reported that the average copper price through September this reached 3.27 US dollar per pound, highest average price since 1966, when the commodity averaged US$3.63 for the year.
Tuesday, October 9th 2007 - 21:00 UTC
UN court awards Honduras sovereignty of disputes cays

The United Nations International Court of Justice (ICJ) awarded Honduras sovereignty over four cays in the Caribbean Sea and delineated its maritime boundary with Nicaragua as part of a ruling on the long-running border dispute between the two Central American countries.
Tuesday, October 9th 2007 - 21:00 UTC
Chilean exporters howl as US dollar falls to below 500 pesos

The US dollar continued on Tuesday its rapid erosion and closed at 498 Chilean pesos, its lowest value against the local currency since 1999. So far this year the Chilean peso has appreciated 6.41% against the US dollar compared to 3.95% for the twelve months of 2006.
Tuesday, October 9th 2007 - 21:00 UTC
Billiton, Hess and Repsol YPF strike oil in deepwater Gulf of Mexico

BHP Billiton announced Tuesday first oil production from the Genghis Khan development, located in the deepwater Gulf of Mexico, approximately 192 kilometers off the coast of Louisiana. The Company, with co-venturers Hess and Repsol YPF, acquired its interest in Genghis Khan in February 2007 for US$1.33 billion ($583 million net to BHP Billiton).
Monday, October 8th 2007 - 21:00 UTC
Lagos denies “persecution” of Pinochets

Chilean government spokesperson Ricardo Lagos Webber denied Sunday allegations that the government was deliberately persecuting Augusto Pinochet's widow and five children. His remarks come after Pinochet's eldest daugherÃÂ¢€“who, along with her four siblings, was released on bail FridayÃÂ¢€”charged that the family had been held in the so-called Riggs Bank case as “political prisoners.”
Monday, October 8th 2007 - 21:00 UTC
“Che” Guevara remembered 40 years after death

It's been 40 years since the militant revolutionary was executed in a Bolivian schoolhouse. To leftist governments across Latin America, he's still a beloved icon. It was a long fight, but the Cubans have finally conquered this forlorn Andean hamlet, four decades after Ernesto “Che” Guevara was executed in the adobe schoolhouse.