Latin America

Friday, June 10th 2011 - 02:50 UTC
Paraguayan Senate approves Unasur charter; new Venezuela Mercosur bid

The Paraguayan Senate approved the Unasur, Union of South American Nations charter and treaty which were signed by the Executive in May 2008. The next step is in the Lower House which will then formalize Paraguay’s full membership of the group.
Friday, June 10th 2011 - 02:45 UTC
UN chief leaves for a round of four-nation South American visit

Secretary-General Ban Ki-moon leaves New York on Friday for a week-long trip that will take the United Nations chief to Colombia, Argentina, Uruguay and Brazil, the UN press office reported.
Friday, June 10th 2011 - 01:34 UTC
Top EC official in South America to promote trade, tourism and cooperation

A top European Commission official is on a round of visits to South American countries to strengthen economic, industrial and tourism ties with the region because Latin America has emerged as “a strategic and dynamic economic player”.
Thursday, June 9th 2011 - 21:25 UTC
World conquering Argentina ants defeated and rolled back in California

Argentine ants are showing up all over the world-conquering the entire coastline around the Mediterranean Sea, parts of South Africa, Hawaii, Japan and Australia, as well as the full length of the California coastline-and no native ant species has been known to withstand their onslaught until now.
Thursday, June 9th 2011 - 20:31 UTC
Chile’s economy forecasted to slow growth following 8.9% in first quarter

After months of record-setting growth, experts expect Chile’s economy to slow. Analysts say that the 8.9% growth in the first quarter of 2011 will slow and the year will end with an overall growth of between 6 and 7% for the year.
Thursday, June 9th 2011 - 19:52 UTC
UN report shows broadband potential for economic and social development

Broadband telecommunications have the potential to spur rapid economic growth and facilitate job creation, according to a United Nations reported unveiled this week, which urges countries to implement national broadband plans or risk losing the benefits of the global high-speed digital communications.
Thursday, June 9th 2011 - 19:24 UTC
Brazil hikes basic rate to 12.25% and further increases can be expected

Brazil's central bank increased late Wednesday its benchmark interest rate for the fourth straight meeting after consumer prices exceeded the upper limit of its target range for the first time since 2005.
Wednesday, June 8th 2011 - 23:09 UTC
GM bets strongly in South American market: 1.5 million cars per annum by 2015

General Motors expects to sell 1.5 million vehicles a year in South America by 2015, up from 1.03 million last year, according to the head of the largest U.S. automaker's operations in the region.
Wednesday, June 8th 2011 - 06:37 UTC
Air traffic in Buenos Aires and Montevideo returns to normal as ash cloud disperses

Argentina’s Civil Aviation agency (ANAC) and the Secretariat of Transport announced that the Ezeiza and Aeroparque airports are “now open and operating normally” as the ash cloud spewed by Chile’s Puyehue volcano late Tuesday seemed to be moving away from the Buenos Aires City and part of the River Plate area.
Wednesday, June 8th 2011 - 06:29 UTC
Humala’s victory in Peru seen from neighbouring but distant Chile

Sunday marked the end of a drawn out campaign for Peru’s presidency, as centre-left candidate Ollanta Humala claimed a narrow victory over centre-right candidate Keiko Fujimori.