Tag: South America

• Wednesday, June 30th 2010 - 06:00 UTC

  China and South America crucial for globalized General Motors recovery

  

  General Motors CEO Ed Whitacre Jr. told analysts Tuesday that the automaker has changed since bankruptcy from a “shell-shocked” and “overly complicated company” to a sharply focused one that has a clearer sense of its global strengths and a passion to win back customers in the United States.

• Tuesday, June 29th 2010 - 05:09 UTC

  Lion’s share of the drugs business goes to final distributors, says UN expert

  

  The lion’s share (85%) of the gross profits from the cocaine business between South America and the United States ends in the wholesale and retail distribution network in the US according to Antonio Luigi Mazzitelli, head of the UN office on Drugs and Crime for Mexico and Central America.

• Tuesday, May 25th 2010 - 00:25 UTC

  Cruise vessels avoiding Chile: another 35% downturn anticipated for 2010/2011

  

  Cruises through the waters of Patagonia and around the most southern point of South America are a popular tourist attraction for US and European tourists. In more recent years however, cruise lines have started avoiding Chilean ports.

• Tuesday, May 4th 2010 - 18:58 UTC

  Kirchner Gets UNASUR Job; Mujica Admits “Political Cost” but Privileges Unity

  

  Former Argentine president Nestor Kirchner was sworn Tuesday as Secretary General of the Union of South American Nations, UNASUR, following the consensus reached among the twelve country members overcoming differences of previous meetings.

• Saturday, May 1st 2010 - 02:07 UTC

  Uruguay Pushing for an Indian Embassy in Montevideo

  

  Uruguay is pushing for a full Indian mission in its capital Montevideo, showcasing the country as the gateway to the region and to expand bilateral trade and economic relations, according to New Delhi reports.

• Saturday, April 24th 2010 - 01:12 UTC

  Peru and Chile Will Lead Latam Expansion in 2011 with 6% Growth Each

  

  Latest forecasts from the International Monetary Fund (IMF) predict Chile and Peru will lead Latin America’s growth in 2011 with an expansion of 6% each. The IMF released its World Economic Outlook Report on Wednesday, upping Chile’s projected growth from 4 to 4.7%.

• Wednesday, April 21st 2010 - 03:11 UTC

  Argentina and Venezuela announce a “new world order of relationships”

  

  Argentina’s President Cristina Fernández de Kirchner and Venezuela’s leader Hugo Chávez said “the new world requires a new logic to accept a new order of relationships” during a meeting held at the presidential palace of Miraflores in Caracas.