Latin America

• Tuesday, December 4th 2007 - 20:00 UTC

  The world's third highest waterfall discovered in Peru

  

  The third highest waterfall in the world is in the Peruvian Amazon rain forest and measures 895.4 meters according to the country's Nacional Geographic Military Institute, IGN. The announcement was made by Foreign Trade and Tourism minister Mercedes Araoz.

• Monday, December 3rd 2007 - 20:00 UTC

  Punta Arenas methanol plant diversifies gas supply

  

  Canada's Methanex Corporation the world's largest producer of methanol announced it agreed to finance Chilean natural gas explorations by GeoPark holdings in exchange for a share of the gas it finds in the Magallanes basin.

• Monday, December 3rd 2007 - 20:00 UTC

  Venezuela said NO to Chavez's Referendum new powers

  

  Venezuelan voters narrowly rejected a constitutional referendum that would have bolstered President Hugo Chavez's embrace of socialism and granted an indefinite extension of his eligibility to serve as president, the National Electoral Council reported early Monday.

• Monday, December 3rd 2007 - 20:00 UTC

  Fidel Castro readies to play the role of elder statesman

  

  Cuban leader Fidel Castro who is recovering from a long illness was nominated Sunday for a seat in the National Assembly opening the way for him to resume governing.

• Monday, December 3rd 2007 - 20:00 UTC

  Billiton insists in building the world's largest mining group

  

  Mining group Rio Tinto said the takeover approach of about 130 billion US dollars from BHP Billiton is “a couple of ballparks away” from its true value.

• Sunday, December 2nd 2007 - 20:00 UTC

  Venezuela votes on drastic political and property changes

  

  A referendum is being held in Venezuela today to decide on a constitutional amendments that would give President Hugo Chávez more power. One of the changes would make it possible for the president to be re-elected for an unlimited number of terms.

• Sunday, December 2nd 2007 - 20:00 UTC

  Spanish investors moderately optimistic about 2008 Latam

  

  Less growth, more inflation, tougher decisions than so far but nothing catastrophic is the 2008 forecast of Spanish businesses that have strong investments in Latinamerica and are planning to further expand their positions.

• Saturday, December 1st 2007 - 20:00 UTC

  Human rights experts alarmed by Venezuelan reforms

  Three independent United Nations human rights experts on Friday voiced concern about planned constitutional reforms in Venezuela, saying the proposed changes could curb civil liberties and breach the South American country's international treaty commitments.

• Saturday, December 1st 2007 - 20:00 UTC

  Desperate efforts from Chavez to ensure his victory

  Venezuelan President Hugo Chavez threatened Friday to interrupt oil exports to the United States if violence breaks out after a controversial and hotly contested weekend referendum.

• Friday, November 30th 2007 - 20:00 UTC

  All eyes on Ecuador's reforms debate and squabbling neighbors

  

  Confronted Colombia and Venezuela presidents Alvaro Uribe and Hugo Chavez will have to act politely on Friday if they cross each other during the official inauguration of Ecuador's constitutional assembly seated in Ciudad Alfaro, 500 kilometers from the capital Quito.