Sep
06

Latin America – Uruguay’s Long-Term Sovereign Ratings Raised to BB by Standard & Poor’s

Uruguay’s Long-Term Sovereign Ratings Raised to BB by Standard & Poor’s
Uruguay had its long-term sovereign ratings raised to BB from BB-, with outlook stable, at Standard & Poor’s.

Chilean miners could be out by mid-November
There is some promising news for the 33 miners trapped underground in Chile, with government officials now saying they could be freed by mid-November.

Chile’s Economy Expanded 7.1% in July From Year Earlier, Beating Estimates
Chile’s economic activity expanded 7.1 percent in July from a year earlier, the central bank said today on its website.

Argentina vs. Spain — more than a friendly
It’s labeled as a friendly, but there’s plenty of prestige at stake in Tuesday’s game between World Cup champion Spain and Argentina, a country some had picked to win the title in South Africa. Spain will play with much the same squad that won the World Cup. And Argentina will lead its attack with Lionel Messi, the Barcelona forward who will be facing several teammates on the Spanish…

Trapped Chilean Miners’ Families Feud on Surface
Miners Enter 2nd Month Underground as Relatives Fight Over Wages and Trysts Come to Light

Chile’s Economy Grew 7.1% in July, Beating Estimates
Chile’s economy expanded a faster- than-forecast 7.1 percent in July from a year earlier, confirming economists’ expectations the central bank will continue to raise its benchmark interest rate this month.

Rains kill 42 in Nicaragua
The Nicaraguan Civil Defense authorities said on Sunday that at least 42 people have died in the last days in the country due to the pouring rains. Managua, Nicaragua’s capital, brigadier general Mario Perezcassar said on Sunday.

Ex-Bolivian president to appeal defamation sentencing, attorney says
Former Bolivian President Jorge Quiroga will appeal his prison sentence of nearly three years for defaming a bank, his attorney said Sunday.

Ecuador arrests human-trafficker linked to migrant massacre
Ecuadoran police said Sunday they have arrested a suspected human smuggler with alleged links to the Ecuadoran man who survived a massacre of 72 migrants last month in Mexico.

Official: Venezuela’s economy to bounce back soon
President Hugo Chavez’s top economic adviser predicted Sunday that Venezuela’s oil-dependent economy will begin within several months to emerge from its worst recession in years.

Ecuador’s Correa Says Government to Halt Amazon Oil Project, Kyodo Reports
Ecuadorean President Rafael Correa said the nation will halt a Yasuni National Park oil development project in the Amazon river region, Kyodo News reported.