A Chilean artist and activist was done waiting for education reform. What he did next was inventive, courageous, and illegal, reports the Global Post.» Read More
SANTIAGO, July 31- Nicknamed' scissorhands' for his agile management of difficult projects, Chilean industry veteran Nelson Pizarro is seen by Codelco's board as the ideal man to lead the world's top copper miner through a tricky yet pivotal phase.
RIO DE JANEIRO/ BRASILIA, July 31- Argentina's debt default threatens to worsen trade tensions in South America, adding to the economic woes of Brazil in a tense election year and causing headaches in Uruguay as the Argentine economy looks likely to plunge deeper into recession.
BUENOS AIRES, Argentina— Stocks fell sharply in Argentina on Thursday as the country defaulted on its bills for the second time in 13 years, raising fears the move could diminish foreign reserves, stoke inflation and drive the economy deeper into recession.
NEW YORK— Talks aimed at averting Argentina's second default in 13 years ended with bitter recriminations Wednesday as the South American country said it could not accept a deal with U.S. hedge fund creditors it dismisses as "vultures."
But the mediator, Daniel A. Pollack, said in a statement that while the Argentines would meet him, they had not yet accepted his recommendation of face-to-face talks with the plaintiffs in the dispute, led by New York billionaire Paul Singer's NML Capital Ltd.. District Judge Thomas Griesa has forbidden Argentina to pay them unless it also pays the holdouts.
Argentina will default for the second time in 13 years if it cannot reach a deal with the U.S. hedge funds before July 30. Following a U.S. judge's order, Argentina can't pay investors who accepted lower-valued bonds after its record $100 billion default in 2001 unless it also pays off creditors who didn't participate in previous bond swaps.
HAVANA, July 23- Chinese President Xi Jinping ended an eight-day trip through Latin America on Wednesday with a visit to eastern Cuba, where both the island's independence struggle against Spain and Fidel Castro's revolution began.
HAVANA— Chinese President Xi Jinping is wrapping up his visit to Cuba after signing dozens of agreements for such things as investment by Chinese firms on the island. China is Cuba's No. 2 international trade partner after Venezuela. The Chinese president began his tour of Latin America last week in Brazil, and has also visited Argentina and Venezuela.
SANTIAGO, June 24- President Michelle Bachelet on Tuesday announced a plan to buy and return disputed ancestral lands to Chile's indigenous communities as part of a strategy to better incorporate them into the country's political process and economic development.
June 19- For other related diaries, please. BEIRUT- Arab Economic Forum in Lebanon. SEOUL- South Korean Finance minister Hyun Oh- seok speaks at the Parliament session on recent events.
*Companies need to spend billions to expand in Chile. SANTIAGO/ LONDON, June 16- As top copper producer Chile starts to lose market share, players are betting on fledging suppliers to help feed hunger for the red metal, but no single country is likely to replicate the South American nation's boom of the last century.
*Iliad, Bouygues up on sector consolidation hopes. Iliad rose 6.3 percent, the top gainer on the FTSEurofirst index, and Bouygues advanced 5.2 percent on expectations of more consolidation among French telecom companies.
SANTIAGO/ LIMA, June 4- Maintenance workers for LATAM Airlines have threatened to delay or cancel flights throughout South America in support of a strike by Peruvian colleagues in the days ahead of the World Cup.
SANTIAGO, May 30- Chile's government published worrying data on Friday showing the economy is under continued pressure, as factory output fell much faster than expected and retail sales grew at their slowest pace in over five years.
*Banco de Chile could be next in line to tap Australian market. SYDNEY, May 22- Australia's A $1.5 trillion bond market is attracting interest from borrowers in Latin America and the Middle East, as they seek to diversify their portfolio and lower funding costs in the world's fourth-largest pension savings pool.
*Group is only FTSE 100 company with all-male board. *Female representation on FTSE 100 boards now up to 20 pct. When Chilean mining company Antofagasta appointed Vivianne Blanlot as a director in March, that left Glencore as the only FTSE 100 company without female representation on its board.
May 16- Abbott Laboratories said on Friday it would acquire Chile's CFR Pharmaceuticals SA in a two-part, $2.9 billion deal, to double its branded generic drugs portfolio and expand in the fast-growing Latin American market.
May 16- Abbott Laboratories said it would acquire Latin American pharmaceutical company CFR Pharmaceuticals, which would more than double its branded generic drugs portfolio and expand its presence in Latin America.
May 14- For other related diaries, please. WASHINGTON- World Bank President Jim Yong Kim and former U.S. Secretary of State Hillary Clinton participate in an event for women's empowerment in Washington- 2115 GMT.
May 9- For other related diaries, please. SEOUL- Bank of Korea holds Monetary Policy Committee Meeting- 0100 GMT. Treasury Secretary Jack Lew visits China.