Latin America

• Tuesday, March 20th 2007 - 21:00 UTC

  Chilean investment abroad concentrates in Colombia

  

  Chilean companies are set to continue a long-established trend of investing in other Latin American countries in 2007 as they outgrow their home market, with Colombia the preferred destination and retailers the biggest spenders according to the latest report from the Santiago Chamber of Commerce.

• Tuesday, March 20th 2007 - 21:00 UTC

  Mexico, Buenos Aires and Sao Paulo among world's richest cities

  

  México, Buenos Aires and Sao Paulo are among the twenty richest cities in the world according to a report on population evolution and the economy of the main capital cities, from consultants PricewaterhouseCoopers.

• Monday, March 19th 2007 - 21:00 UTC

  Latinamerican remittances to reach 100 billion by 2010

  

  In spite of United States efforts by 2010 remittances from migrants will reach 100 billion US dollars annually, a significant increase from the 62 billion of 2006 according to a report from the Interamerican Development Bank, IDB.

• Saturday, March 17th 2007 - 21:00 UTC

  Drastic measures in Chile for common hake conservation

  

  Chile decided the implementation of a conservation and recovery plan for (hubbsi) common hake following a survey which warns about the species “conservation high risk” and particularly the threat to “future renewal” in the country's main fisheries.

• Friday, March 16th 2007 - 21:00 UTC

  Venezuelan financial support to region exceeds US aid

  

  Venezuelan financial aid to Latin America has surpassed U.S. commitments in the region, President Hugo Chavez said Wednesday, shortly after President Bush completed a tour seen by some as an attempt to curtail Chavez's spreading influence in the region.

• Friday, March 16th 2007 - 21:00 UTC

  “Historic” debt relief for Latam's five poorest countries

  

  United States Treasury Assistant Secretary for International Affairs Clay Lowery commended Friday the Inter-American Development Bank's “historic” approval of a debt relief package that will provide 3.4 billion US dollars in debt reduction for five of the region's poorest countries: Bolivia, Guyana, Haiti, Honduras, and Nicaragua.

• Thursday, March 15th 2007 - 21:00 UTC

  Chile recalls Venezuela envoy over TV remarks

  

  Chile's ambassador to Venezuela was ordered home Wednesday because of a television interview in which he discussed what he said was a private conversation with President Michelle Bachelet about Chile's vote last year in a U.N. Security Council election.

• Wednesday, March 14th 2007 - 21:00 UTC

  Executive/Congress confrontation escalates in Ecuador

  A group of congressmen ousted by Ecuador's top electoral court for trying to block President Rafael Correa's plans for a national referendum forced their way into Congress and took up their seats as rival police forces answering to the executive and legislative branches scuffled with each other.

• Tuesday, March 13th 2007 - 21:00 UTC

  Guatemala surprises Bush with immigration, deportation issue

  

  Immigration, drug trafficking, bio-fuels and insecurity dominated talks in Guatemala between President Bush and his counterpart Oscar Berger. Bush spent Monday in Guatemala before flying to Merida, Mexico the last leg of his five countries trip to the region.

• Tuesday, March 13th 2007 - 21:00 UTC

  Chile's 2006 tourism investment hits 2.1 billion US dollars

  Figures recently released by Chile's National Chamber of Commerce and Tourism (CNC) show tourism investment in 2006 to be the highest in five years. Investment last year reached 2.1 billion US dollars, up 4.7% over 2005.