Latin America

Wednesday, March 12th 2008 - 21:00 UTC
Central banks try again to roof-patch housing-credit crunch

The world's largest central banks have launched their latest coordinated action to calm jittery credit markets. The US Federal Reserve, the European Central Bank and central banks in the UK, Canada and Switzerland will inject billions of dollars into money markets.
Wednesday, March 12th 2008 - 21:00 UTC
Ecuador's Correa Support to Chile in Peru Border Dispute

Ecuador's President Rafael Correa wished Chile well in its maritime-border dispute with Peru that both countries have agreed will be resolved by an international court.
Wednesday, March 12th 2008 - 21:00 UTC
Chile revamps famed pension system

Some 600,000 poor Chileans will receive monthly pensions starting in July under a law signed Tuesday by President Michelle Bachelet that plugs gaps in Chile's widely copied private pension system
Wednesday, March 12th 2008 - 21:00 UTC
Brazil is Chile's main direct foreign investment target

Santiago daily La Tercera reported that Brazil has become the top destination for Chilean foreign direct investment in 2007: more than 44% of the Chile's foreign direct investment, 427 million US dollars, was directed towards South America's largest economy.
Tuesday, March 11th 2008 - 21:00 UTC
Chile/Ecuador agree to explore for gas in Gulf of Guayaquil

Chile and Ecuador will join in exploring for oil in the Gulf of Guayaquil, visiting Ecuadorian President Rafael Correa said Monday in Santiago.
Tuesday, March 11th 2008 - 21:00 UTC
Magallanes co-sponsors reopening of Antarctic base

Magallanes Region in the extreme south of Chile will co-sponsor the reopening of a base in the Antarctic continent which was inaugurated in 1947 but closed down in 2006, allegedly for budget reasons.
Monday, March 10th 2008 - 21:00 UTC
Chilean salmon industry faces new challenge

An association of 16 fishermen groups from Chilean Patagonia is calling on President Michelle Bachelet to freeze expansion of Chile's lucrative but environmentally-suspect farmed salmon industry.
Sunday, March 9th 2008 - 21:00 UTC
Chavez “happy” wirh regional summit and urges Latam unity

Venezuelan President Hugo Chavez has said the “happy” end to the regional crisis with Colombia should boost unity in Latin America.
Sunday, March 9th 2008 - 21:00 UTC
NZ company buys Chile's largest farm in 80 million dollars

A New Zealander company called Manuka has finalized a deal to buy most of Hacienda Rupanco, Chile's largest farm.
Sunday, March 9th 2008 - 21:00 UTC
As tensions ease, Chavez reopens embassy in Colombia

Venezuela said Sunday that it is reopening its embassy in Colombia and will allow back Colombian diplomats expelled last week by President Hugo Chavez in a crisis sparked by a cross-border Colombian attack on rebels in Ecuador.