Latin America

Thursday, April 19th 2007 - 21:00 UTC
Chilean exporters complain strong peso against US dollar

The current levels of the United States dollar in Chilean money markets where it dropped to 528 pesos this week, is in line with international markets, according to the country's Central Bank president Vittorio Corbo.
Thursday, April 19th 2007 - 21:00 UTC
Chile All Ways Surprising campaign in London cabs

During a month and in the framework of the program “Chilean Weeks in Europe”, 30 cabs are circulating London with publicity on Chile and Chilean products under the motto “Chile All Ways Surprising”.
Thursday, April 19th 2007 - 21:00 UTC
Holland delivers fourth multi purpose frigate to Chilean navy

Holland delivered this week the last of the four frigates sold to the Chilean Navy in the framework of the “Proyecto Puente II” to renew the navy's surface fleet.
Thursday, April 19th 2007 - 21:00 UTC
Growing concern about conservation of Machu Picchu in Peru

The United Nations Educational, Scientific and Cultural Organization (UNESCO) is sending a mission next week to the Incan archaeological ruin of Machu Picchu in Peru amid mounting concern about the conservation of the World Heritage Site as tourist numbers increase and urban development encroaches.
Thursday, April 19th 2007 - 21:00 UTC
Latinamerica upbeat about prospects for 2007 and 2008

Latin American economies have improved fiscal positions and achieved better shape than they have in decades, and risks to that stem mostly from the United States and China, according to a World Economic Forum report issued this week.
Wednesday, April 18th 2007 - 21:00 UTC
Chávez hints at buying Argentine nuclear plant

Venezuelan President Hugo Chávez raised the idea of buying a nuclear power plant from Argentina yesterday and playfully suggested to his Colombian colleague Alvaro Uribe that it could be set up near Venezuela's border with Colombia.
Wednesday, April 18th 2007 - 21:00 UTC
“Chavism” is non existent, “it's a president with a checkbook”

Chilean former president Ricardo Lagos denied the existence of “Chavism” (President Chavez ideology) both in Venezuela and in the rest of Latinamerica but rather “a charismatic president with a lot of money available and who lacks a solid political support”.
Tuesday, April 17th 2007 - 21:00 UTC
Chile's main retail market chains invest in Punta Arenas

The Punta Arenas retail market in the extreme south of Chile has significantly grown in recent years, attracting Chile's leading retailers. Retail giants Lider, Fallabella, La Polar and Johnson's have opened branches in the southern Region XII city over the past three years, and saw profitable returns in 2006.
Sunday, April 15th 2007 - 21:00 UTC
Ecuador: Landslide victory for Correa and new political model

Ecuadorian President Rafael Correa achieved a solid political victory following the landslide support in Sunday's referendum to call a constitutional assembly with full powers to review the chart and set the foundations for a “new model” of country.
Friday, April 13th 2007 - 21:00 UTC
IMF recommends “careful vigilance” of credit expansion in Latinamerica

The International Monetary Fund, IMF said Latin America's private credit expansion requires “careful vigilance”, particularly with household loans and collateral conditions.