Latin America

• Wednesday, January 26th 2011 - 18:20 UTC

  United Kingdom Economy Shrinks Fuelling Fears of Recession

  

  United Kingdom Chancellor George Osborne stands by his financial policies, in spite of figures which show the UK economy has shrunk by 0.5 percent and concerns Britain is facing a recession.

• Wednesday, January 26th 2011 - 17:27 UTC

  Palestinians condemn US plan to Settle Refugees in South America

  

  Suggestion revealed in Palestine papers clashes with refugees' fundamental right to go home, say Palestinian groups according to The Guardian newspaper.

• Tuesday, January 25th 2011 - 01:38 UTC

  Peru Recognises Palestine as a State

  

  Peruvian Foreign Minister Jose Antonio Garcia Belaunde meeting with the representative of the Palestine National government recognised Palestine as an “independent and sovereign state,” reported the Peruvian state news agency Andina.

• Tuesday, January 25th 2011 - 01:28 UTC

  Risk of Latin American Economies Overheating

  

  The International Monetary Fund (IMF) has warned of the risks of inflation and overheating of the economy in Latin America, at a forum held in Paris.

• Monday, January 24th 2011 - 19:10 UTC

  President Piñera Forced Helicopter Landing?

  

  Chilean President Sebastian Pinera was reportedly forced to make an emergency landing on route to his holiday home in southern Chile on Sunday, due to technical problems, Chilean radio reported.However, the president soon thereafter denied the report.

• Monday, January 24th 2011 - 18:49 UTC

  Thousands March In Venezuela

  

  Thousands of Venezuelans took to the streets on Sunday, allies and adversaries alike, marking the 53rd anniversary of Venezuela’s democracy. Opposition supporters met in one part of Caracas, chanting anti-government slogans and waving Venezuelan flags and calling Chavez a despot and claiming he is amassing power and cracking down on dissent.

• Monday, January 24th 2011 - 17:36 UTC

  Bolivian Cabinet Changes

  

  Bolivian President Evo Morales has reinstated 17 of his cabinet members and changed three in a cabinet shakeup the state news agency ABI reported. Over the weekend all twenty ministers had tendered their resignations to President Evo Morales, as he began his sixth year in office. The cabinet changes come as Morales popularity drops according to opinion polls.

• Sunday, January 23rd 2011 - 23:38 UTC

  Atacama “Is and Will Be Chilean”

  

  Chilean President Sebastian Piñera has responded to Bolivian President Evo Morales who said Saturday that “Atacama, used to be Bolivian and we hope to recover it soon, although a presidential spokesmen later said “it was a joke.”

• Sunday, January 23rd 2011 - 16:26 UTC

  Opportunity for Latin America?

  

  The dynamics of the past few months regarding the price of oil, prime materials and food stuffs, worryingly reminds us of what happened to the world economy mid-2008. At the time the sky high price of oil – which reached U$147 a barrel - and the food crisis caused havoc.

• Saturday, January 22nd 2011 - 07:02 UTC

  Oil Price in Venezuela at Two Year High

  

  Figures released by the Venezuelan Ministry of Energy and Petroleum said the average price of crude oil sold by Petroleras de Venezuela (PDVSA) rose this week to U$ 86.79 up from U$ 85.987 last week.