Latin America

• Friday, July 15th 2011 - 06:09 UTC

  “Grain prices are more linked to the US dollar than to food demand”

  

  “Saving in US dollars or in soybeans is the same” cautioned Argentine economist Carlos Melconian, who argued that “grain and oilseed prices are more linked to the value of the dollar than to demand for food produce”.

• Friday, July 15th 2011 - 06:04 UTC

  China forecasted to become Latin America’s second trade partner by 2015

  

  China will become Latin America's second largest trade partner as early as in 2015, the UN Economic Commission for Latin America and the Caribbean (ECLAC) said this week.

• Thursday, July 14th 2011 - 07:22 UTC

  Bolivia gets involved in Chile/Peru ongoing maritime dispute

  

  International relations between Chile and Bolivia are tense and could worsen, considering the impact of a Monday press release from Bolivia’s Ministry of Foreign Relations.

• Wednesday, July 13th 2011 - 21:30 UTC

  South America forecasted to grow 5.1% in 2011, but with serious challenges

  

  Latin America and the Caribbean will maintain the recovery that began in the second half of 2009, following the international economic crisis and are poised to grow 4.7% in 2011 with a strong boost from domestic demand, according to the latest report from the Economic Commission for Latin America and the Caribbean.

• Wednesday, July 13th 2011 - 16:24 UTC

  Chavez admits he may need chemotherapy treatment after cancer surgery

  

  Venezuelan leader Hugo Chavez acknowledged for the first time he may need radiotherapy or chemotherapy for ongoing treatment after cancer surgery in Cuba, the presidential office said.

• Wednesday, July 13th 2011 - 10:16 UTC

  US loosing Colombian market share to Mercosur claim farmers

  

  United States industry and agriculture lobbies are again advocating forcefully before Congress on the pending free trade agreement with Colombia claiming the delay is costing market share to a more aggressive Mercosur.

• Wednesday, July 13th 2011 - 01:42 UTC

  YPF joins the “oil rush” in Colombia, South America’s third producer

  

  YPF SA, Argentina's largest oil company, agreed to explore for oil with Canada’s Alange Energy Corp. in Colombia that is attracting investors as it become South America’s third largest producer of oil behind Venezuela and Brazil.

• Tuesday, July 12th 2011 - 03:38 UTC

  BAS James Clark Ross discovers underwater volcanoes in South Sandwich Islands

  

  Scientists who have discovered previously unknown underwater volcanoes around the remote South Sandwich Islands in the southern Atlantic Ocean say the research is important to help understand what happens when volcanoes erupt or collapse underwater.

• Monday, July 11th 2011 - 07:57 UTC

  Peru celebrates “100 years of Machu Picchu in the world”

  

  Peru is celebrating the 100th anniversary of the discovery of the Inca citadel of Machu Picchu, one of the seven new wonders of the world which sits high in the mountains at an altitude of 2.430 meters of difficult access.

• Saturday, July 9th 2011 - 07:29 UTC

  Brazil offers Venezuelan leader Chavez specialists to help him overcome cancer

  

  Brazilian President Dilma Roussef offered Venezuela leader Hugo Chávez her support over the mandate’s battle against cancer. According to the Presidential House press Secretary, Rousseff expressed her sentiments during a phone call conversation held this morning.