Latin America

Friday, December 21st 2007 - 20:00 UTC
Three tasks for the Chilean Navy in the southern seas

The incoming naval commander of the Chilean Naval Zone III in Punta Areas identified three main tasks for the Chilean Navy in the area next year. They include reopening an Antarctic base, relocating all the Navy's land operations into a single building and have Chile's icebreaker Admiral Oscar Veil definitively stationed in Punta Arenas.
Friday, December 21st 2007 - 20:00 UTC
Punta Arenas, Lan's hub for Falklands and Ushuaia flights

Saturday flights to Falklands/Malvinas are virtually fully booked because it's the high season and there are many travelers linked to Antarctic activities flying to the Islands, according to Lan airline Punta Arenas General Manager Paola Contardo.
Thursday, December 20th 2007 - 20:00 UTC
Peru is planning not to renew loan agreements with IMF

Peru, one of the International Monetary Fund, IMF, clients has announced it has no intention of renewing the stand by agreement that extends until February 2009.
Thursday, December 20th 2007 - 20:00 UTC
S. Korea and Bolivia to develop copper mine in the Andes

South Korea and Bolivia have agreed to jointly develop a copper mine in the Andean highlands estimated to have at least 15 million tons of the natural resource, according to a government release from La Paz and Seoul.
Thursday, December 20th 2007 - 20:00 UTC
Chile among the world's main mussel producers

With exports valued at 70 million US dollars a year, Chile is now the world's fourth largest producer of mussels. The country currently has 63 seed beds, 1,132 growing centres and 40 processing plants, 90 percent of which are in the south of the country.
Wednesday, December 19th 2007 - 20:00 UTC
Colombian rebels announce liberation of three hostages

Colombian rebels announced Tuesday they will release three hostages, including Clara Rojas, kidnapped in 2002 alongside French-Colombian politician Ingrid Betancourt, and her son born in captivity, a Cuban news agency said.
Wednesday, December 19th 2007 - 20:00 UTC
France willing to take in Colombian FARC prisoners

France is willing to admit imprisoned Colombian guerrillas as part of a deal to secure the release of hostages held in the South American country, the French prime minister said Wednesday.
Wednesday, December 19th 2007 - 20:00 UTC
Mexico and Chile most expensive countries in Latam

Chile is the second most expensive country in Latin America, according to a preliminary report released Monday by the World Bank's International Comparison Program (ICP). Of the 11 Latin American countries included in the study, only Mexico was found to be more expensive than Chile.
Wednesday, December 19th 2007 - 20:00 UTC
Chile rated the most credit-worthy emerging market

Standard & Poor's this week raised its credit rating on Chile by one notch to 'A+', classifying the country as the most credit-worthy emerging market and placing it on a par with Italy.
Tuesday, December 18th 2007 - 20:00 UTC
US press harshly criticizes Chilean presidential hopeful

An influential The Washington Post columnist criticized José Miguel Insulza last Friday, questioning the increasingly clear presidential ambitions of the Chilean secretary general of the Organization of America States (OAS).