Latin America

Sunday, June 10th 2007 - 21:00 UTC
Almost 14% of Chilean population described as poor or indigent

The latest poll on Socioeconomic characterization of the Chilean population shows that since 1990 the number of Chileans living in “poverty conditions” has dropped to almost half, but still over two million continue to be poor including half a million indigent.
Sunday, June 10th 2007 - 21:00 UTC
Scientific-tourism multi purpose vessel for South Chile

A new multi purpose vessell, specially built for the rough waters of the extreme south of Chile is to be incorporated this spring to the tourist industry in Porvenir, Tierra del Fuego.
Sunday, June 10th 2007 - 21:00 UTC
Peru develops copper industry hoping to match Chile's production

Peruvian president Alan García said that new promising copper mining projects could in a near future put Peru next to Chile as the world's leading exporters of the metal. Currently Chile is number one with an annual production of 5.37 million tons and Peru figures third with just over a million tons.
Friday, June 8th 2007 - 21:00 UTC
Fujimori under house arrest pending extradition ruling

A Chilean judge placed former Peruvian president Alberto Fujimori under house arrest Friday ahead of a Supreme Court ruling on his extradition to Peru, the court said.
Friday, June 8th 2007 - 21:00 UTC
Chile launches tenders for oil and gas in Magallanes

Chile invited on Friday local and foreign companies to invest in the exploration and production of oil and natural gas at 10 promising blocks in the Magallanes region, on the southern tip of South America.
Thursday, June 7th 2007 - 21:00 UTC
Venezuela will abandon the IMF and WB “at the right moment”

Venezuela will abandon the International Monetary Fund and the World Bank “at the right moment” said President Hugo Chavez on Wednesday.
Thursday, June 7th 2007 - 21:00 UTC
Easter Islands now a “special territory” with more autonomy

The Chamber of Deputies of Chile this week approved an initiative that designates both Easter Island (Rapa Nui) and the Juan Fernández archipelago as “special territories.”
Thursday, June 7th 2007 - 21:00 UTC
Andean nations object to Fifa high altitude grounds' ban

Representatives from five Andean nations have signed a declaration in Bolivia opposing Fifa's ban on high-altitude international football.
Thursday, June 7th 2007 - 21:00 UTC
Spain needs more immigrants to sustain economic growth

Immigrants who live and work in Spain generated over half of the country's economic growth in the last five years, according to the report “España 2007” from the Encuentro Foundation which estimates that foreigners living in Spain represent 10% of total population, almost 4.5 million people.
Thursday, June 7th 2007 - 21:00 UTC
Venezuela and allies after defense bloc and development bank

President Hugo Chavez called for the creation of a common defense pact between Venezuela, Cuba, Nicaragua and Bolivia and announced the creation of a development bank to finance joint projects for the four countries.