Latin America

• Tuesday, November 9th 2010 - 18:36 UTC

  Uruguay’s leading banker calls for prudence, austerity and less triumphalism

  

  In spite of Uruguay’s good macroeconomic performance there are weak points and a productivity shock, fiscal austerity plus regional coordination to address external surprises should be considered, said Enrique Iglesias, economist, former banker and currently Ibero-America Secretary General.

• Tuesday, November 9th 2010 - 13:53 UTC

  “Carnival Splendor” with 4.500 people towed to Mexico after fire left her adrift

  

  The crew of a Mexico-bound cruise ship “Carnival Splendor” battled an engine room fire for three hours which left the vessel adrift, officials said. On Tuesday the vessel was waiting to be towed to the Mexican port of Ensenada.

• Tuesday, November 9th 2010 - 04:27 UTC

  In the most unequal region, Uruguay has highest human development index

  

  Uruguay ranks third, behind Argentina and Chile, as the Latin American countries with the highest Human Development Index (HDI), according to the United Nations Development Program (UNDP) 2010 Report, which shows that, despite the significant progress many countries have made, the region continues to register the greatest inequality rates in the world.

• Tuesday, November 9th 2010 - 01:10 UTC

  Study reveals Chilean insensitivity to one of the country’s main problems, poverty

  

  A recent study shows Chileans’ low sensitivity to one of the nation’s biggest problems—poverty. Despite that 58.8% of Chileans say they believe poverty to be one of the country’s biggest problems only 15.3% say they feel responsible for the low quality of life of those who have limited resources.

• Tuesday, November 9th 2010 - 00:53 UTC

  Narco-violence and political repression threaten Latin American press

  

  Latin American media leaders warned Sunday that press freedoms in the region are under threat from narco-violence in Mexico and political repression in Venezuela, Bolivia and Ecuador.

• Monday, November 8th 2010 - 16:29 UTC

  Venezuelan military would “not accept” an elected opposition government

  

  A top Venezuelan military commander said that the National Bolivarian Armed Force is committed to President Hugo Chavez and his Socialist project, therefore if in the coming elections the opposition wins “it will not be accepted because they would sell the country”.

• Monday, November 8th 2010 - 04:14 UTC

  World Dairy summit in NZ with 2.200 participants from 66 countries

  

  A record 2200 participants from 66 countries are attending what is billed as the world's most important dairy conference, the World Dairy Summit, in Auckland, lured by New Zealand's appeal both as global dairying leader and an attractive destination, say organisers.

• Monday, November 8th 2010 - 03:06 UTC

  Rural poverty remains strong in Latin America in spite of agriculture boom

  

  Agriculture in Latin America and the Caribbean has had a dynamic development growth during this decade but it has not been sufficient to reduce rural poverty in the region according to a report from FAO and the UN Economic Commission for Latin America and the Caribbean, Cepal.

• Monday, November 8th 2010 - 02:59 UTC

  Google Maps errors rekindle border conflict between Nicaragua and Costa Rica

  

  Google Maps error is being blamed for Nicaraguan troops accidentally invading Costa Rica last week. The troops have been accused of crossing the hotly disputed Nicaragua border into Costa Rica in Central America and setting up camp for the night after taking down a Costa Rican flag and raising the Nicaraguan flag.

• Monday, November 8th 2010 - 02:45 UTC

  Commander in Chief of Chinese Navy on official visit to Chile

  

  In the framework of the close relations between Chile and China, the commander of the Chinese Navy, Admiral Wu Shengli was scheduled to arrive Sunday in Santiago for an official several days visit, according to a release from the Chilean Navy.