Latin America

Latin America
Friday, August 20th 2010 - 02:36 UTC

A wealthy nation made up mostly of poor people overtaking Japan?

Chinese per capita GDP is a tenth of Japan’s

Where world economy is concerned, August 16, 2010 will go down history as a significant date. On this day, Japan quietly ceded to China the coveted title as the world's second largest economy which it had held for four decades.

Thursday, August 19th 2010 - 11:24 UTC

Gigantic (US made) Chilean flag for bicentennial celebrations

The flag will be flown from 61 metres, 50 tons mast in the heart of Santiago

A gigantic Chilean flag, 18 meters wide and 27 meters long, is on its way to Chile from the United States.

Thursday, August 19th 2010 - 06:00 UTC

National Geographic wants to protect Chilean pristine marine life Island

The island 1.990 miles off the Chilean coast is famous for its red coral and 100 metre long algae

Chile’s Salas y Gómez Island has caught the attention of The National Geographic Society as one of the most pristine marine sites in the world.

Thursday, August 19th 2010 - 03:11 UTC

Latam’s business climate in July reached highest level in a decade

The report also cautions about a retraction of the expectations index

Business climate in Latin America reached in July its highest level in a decade according to the joint report from Brazil’s Getulio Vargas Foundation and Germany’s Economic Research Institute (IFO) from the University of Munich.

Thursday, August 19th 2010 - 02:42 UTC

Peruvian court revokes parole of US woman linked to terrorist group

Lori Berenson must now complete five years of her 20 year sentence

A court in Peru has revoked parole for a US woman who was imprisoned for aiding a left-wing terrorist group. Lori Berenson turned herself into police after judges ordered that she be sent back to prison to finish the last five years of her 20-year sentence

Wednesday, August 18th 2010 - 19:47 UTC

Chile’s investments abroad amount to 54 billion USD, mostly Latinamerica

Argentina, Brazil and Colombia concentrated 60% of Chile’s overseas investment

Chile's investment abroad amounted to about 54.2 billion US dollars between 1990 and June 2010, distributed among more than 70 countries from the Americas, Europe, Asia, Oceania and Europe, according to a report released Monday by the General Directorate of International Economic Relations (DIRECON).

Wednesday, August 18th 2010 - 19:01 UTC

Printed media also victim of Venezuelan rampant crime

Front page of El Nacional with the censored empty spaces

A judge in Venezuela has ruled that all printed news media cannot publish “violent, bloody or grotesque” photographs for the next 30 days because the pictures can cause psychological and moral harm to children.

Wednesday, August 18th 2010 - 04:53 UTC

Military exercise to defend the Panama Canal brings together 18 countries

It is estimated 5% of world trade goes through the 1914 Canal

More than 2,000 civilian and military personnel from 18 countries began a 12-day exercise in Panama City Tuesday to train in a joint, multinational effort to defend the Panama Canal.

Wednesday, August 18th 2010 - 04:40 UTC

Constitutional Court says US/Colombia military accord must pass Congress

President Santos has a comfortable majority in Congress

Colombia's Constitutional Court suspended a deal giving US troops more access to Colombian bases, sending the agreement back to President Juan Manuel Santos to seek congressional approval.

Wednesday, August 18th 2010 - 03:53 UTC

Piñera condemns links of Chile’s communists, Mapuche militants and FARC

Communist party president Guillermo Teillier admitted contacts with FARC

Responding to a recent document linking activists from the indigenous Mapuches and Chile's Communist Party to Colombian guerrilla group FARC, President Sebastián Piñera condemned any collaboration between Chileans and violent groups.

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