Latin America

• Monday, November 21st 2011 - 07:16 UTC

  Ecuador says it is breaking oil daily production record

  

  State-owned oil company Petroecuador said it broke its daily production record on Tuesday 15 November, pumping 156.359 barrels of crude on that day. Production from Jan. 1 to Nov. 8 totalled 47,096,086 barrels of crude, Petroecuador said in a report.

• Monday, November 21st 2011 - 03:52 UTC

  Chile opens ferry line linking Punta Arenas with Puerto Williams

  

  The new ferry that links extreme south ports of Chile was officially presented in Puerto Williams and is already fully operational ahead of the summer season.

• Saturday, November 19th 2011 - 06:09 UTC

  Argentina sponsors a free movement of peoples’ area in Magallanes and Tierra del Fuego

  

  Argentina announced its full support to make the tip of the South American continent ‘a free movement of peoples’ area’ that would include Chile’s Magallanes region in the extreme south of the country and Tierra del Fuego, shared by the neighbouring countries.

• Friday, November 18th 2011 - 22:04 UTC

  Latam Tourism ministers gather in northeast Brazil for a forum on development

  

  The Inter-American Development Bank (IDB), the World Tourism Organization (UNWTO) and the government of Ceará, Brazil, will bring together international and national experts to debate the impact of tourism on development, social inclusion, and regional integration in the Americas.

• Friday, November 18th 2011 - 06:32 UTC

  IMF chief Lagarde to visit Peru, Mexico and Brazil end of the month

  

  The Managing Director of the IMF Christine Lagarde will be making her first official tour of Latin America when she visits Peru, Mexico and Brazil at the end of November and beginning of December according to spokesperson David Hawley.

• Thursday, November 17th 2011 - 22:25 UTC

  Santiago air terminal will be expanded to handle 24m pax annually by 2017

  

  Chilean Public Works minister Laurence Golborne announced this week a 500 million dollars plan to revamp Santiago’s air terminal to address the ever growing number of national and international passengers.

• Thursday, November 17th 2011 - 20:08 UTC

  Colombian president tells new FARC leader: turn in or risk death

  

  Colombian President Juan Manuel Santos warned the new FARC rebel chief ‘Timochenko’ to reconsider waging war or risk the same fate as his predecessor, who was shot dead by Special Forces this month.

• Thursday, November 17th 2011 - 20:01 UTC

  Latin American economy has entered cooling phase, says Brazilian think-tank

  

  The Latin American economy has entered a declining phase and will further slow down in coming months according to a report from the Brazilian think-tank Getulio Vargas Foundation, FGV.

• Thursday, November 17th 2011 - 18:54 UTC

  Uruguay is Mexico’s strategic partner in Mercosur says President Calderon

  

  The Mexican president underlined the strategic importance of Uruguay since it is the only Mercosur member that has a free trade agreement with Mexico, thus making it the ‘strategic partner’ of Mexico in Mercosur.

• Wednesday, November 16th 2011 - 05:14 UTC

  Argentine Vice President elect urges Latam countries to use local currencies

  

  Argentine Economy Minister and Vice-President elect Amado Boudou urged Latin American countries to increase the use of local currencies in regional trade instead of depending on other currency such as the dollar.