Latest South America News
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Russia Peru to Sign MiG-29 Jet Upgrade Deal
Russia and Peru will sign a contract to upgrade Lima's fleet of Mikoyan MiG-29 Fulcrum fighters by the end of May, Konstantin Biryulin, deputy head of Russia’s Federal Military-Technical Cooperation Service, said on Monday. Belarus sold around twenty of the fighter jets to Peru in 1997. According to defenseindustrydaily.com, Peru signed a contract in 2008 for Russia's UAC MiG to ...
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EMERGING MARKETS-Brazil stocks sink following weak earnings
* Brazilian companies posted avg 12.3 pct drop in Q1 income * Expiration of share options leaves Bovespa volatile * Brazil Bovespa falls 0.76 pct, Mexico IPC down 0.38 pct By Danielle Assalve SAO PAULO, May 20 (Reuters) - Brazilian stocks dropped on Monday as investors reevaluated their positions in local shares following a disappointing first-quarter earnings season. Mexico's IPC index ...
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China Resumes Cyber Attacks on US Firm Says
A U.S. computer security firm says the Chinese military has resumed cyber attacks on American companies after a hiatus. Mandiant, which accused China of cyber attacks in a February report, says a Chinese army unit recently broke into the computer systems of more than 100 companies to steal trade secrets. It says the attacks started again just days after Chinese officials told Secretary of ...
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Colombia’s indigenous call on FARC leader to talk face to face
In an open letter to Timochenko, the indigenous respond to the FARC leader’s assertion that the indigenous and his rebel group ';reach understandings that will allow us satisfactorily to advance towards our mutual goals of peace and social ...
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Rumors Spark Brazil Bank Run
Rumors that Brazil's social security fund called Bolsa Familia was to be cancelled led thousands of people to rush to withdraw money from a Brazilian bank over the weekend. Customers lined up at ATMs at dozens of bank branches of Caixa Economica Federal, a government-owned bank, which pays the social security subsidy on Saturday and Sunday. "The bank branches themselves aren't ...
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Pakistans MQM denounces Imran Khan in Karachi protest
1 of 2. Imran Khan, Pakistani cricketer-turned-politician and chairman of political party Pakistan Tehreek-e-Insaf (PTI), addresses his supporters after his visit to the mausoleum of Mohammad Ali Jinnah, founder and first governor-general of Pakistan, during an election campaign in Karachi May 7, ...
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Lopez unit Canadian firm to develop geothermal areas in Chile Peru
Energy Development Corp. (EDC), the country's largest geothermal resources firm, signed a joint-venture agreement with Canada-based Alterra Power Corp. for the joint development of four geothermal concession areas in Chile and Peru. In a disclosure to the Philippine Stock Exchange Monday, EDC said the joint-venture agreement covered the Mariposa project in Chile and three other prospective ...
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Rebels Army Clash in Eastern DRC
Fresh fighting has erupted in the eastern Democratic Republic of Congo between the army and rebel group M23 -- the first clash between the sides in nearly six ...
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The Latest Images from Syria
This citizen journalism image provided by Qusair Lens shows Syrian rebels preparing to repel an attack by government forces, in Qusair, Homs province, Syria, May 19, ...
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India China Pledge to Overcome Border Tensions
NEW DELHI -- The leaders of Asian giants India and China say they will take steps to build greater mutual trust a month after a tense dispute over their shared border. With words like friendship, peace and consensus, Indian Prime Minister Manmohan Singh and his Chinese counterpart, Li Keqiang, meeting in New Delhi, set out to move past the standoff that dominated headlines just weeks ago. ...
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Brazils da Silva wins Zambia Golf Open title
Brazilian Adilson da Silva claimed the Zambia Golf Open title with an overall 11-under-par score to become only the sixth golfer in the history of the championship to win the crown twice, the Times of Zambia reported on Monday.The Brazilian, winner of the Zambia Open in 2010, scored a modest 73-par but this was enough to win the title by one stroke after his two main competitors faltered as they ...
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‘FARC attack on pipeline’ causes oil spill in southern Colombia
According to a company press release, a rebel explosives attack on a pipeline in Orito, a remote municipality in the southern Putumayo department, caused an undefined quantity of crude oil to flow towards key rivers. One employee was injured in the explosion. Following the attack, Ecopetrol shut down the pipeline while local environmental authorities took charge of attempting to prevent the ...
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Buenos Aires province teachers threaten to strike again
The Buenos Aires province teachers' union announced in a press briefing today they will continue protesting "until the government improves the 22.6 percent wage hike offer." If that doesn't happen in the next hours, they will renew the call for 48-hour strikes. "There is a government that rejects to improve its (wage) offer, we teachers will strike," Mirta Petrocini ...
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Nigeria says switching to foreign debt to lower costs
Nigeria will increase the amount it borrows overseas to around 40 percent of all debt over the next three to five years, from 12 percent currently, to lower its cost of funds, the head of the debt office said on Monday. DMO Director ...
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Iran electoral watchdog hints at Rafsanjani rejection
Iran 's electoral watchdog said on Monday it would bar physically feeble candidates from running for president, in an apparent hint that it could disqualify 78-year-old former ...
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Kerry to Mideast to press Syria peace talks
Secretary of State John Kerry is heading back to the Middle East this week to press his case for peace talks between Syrian rebels and President Bashar Assad's regime amid increasing signs the new U.S. strategy to halt the war is being undermined by Russia. Kerry departs Monday for discussions with the sultan of Oman. He then goes to Jordan to gather with 10 of America's closest ...
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South Korea North Korea fires short-range projectiles for 3rd day launch considered routine
South Korean men watch a TV news program reporting missile launch conducted by North Korea, at a Seoul train station in Seoul, South Korea, Monday, May 20, 2013. North Korea fired two more short-range projectiles into its own eastern waters Monday for a third straight day of such launches, Seoul officials said, as Pyongyang threatened to retaliate against what it calls South Korean and U.S. ...
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China trying to manage exposure of corruption online
Reuters © Liu Tienan, then head of the National Energy Administration and deputy chairman of China's National Development and Reform Commission (NDRC), attends a news conference about Spring Festival transport in Beijing in this January 8, 2012 file photograph. The latest bureaucrat to fall from grace thanks to the Internet was Liu Tienan, sacked from his job last week as deputy chief ...
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Brazil port restructuring bill clears Congress
BRASILIA - Brazil’s Congress approved legislation on Thursday that opens up state-owned ports to private investment and lifts restrictions on the building of private ports in a bid to eliminate serious bottlenecks strangling the country’s export growth. The reform bill, which may yet change if President Dilma Rousseff decides to veto parts of it, is an effort to make Brazil’s ...
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Large earthquake strikes off coast of Chile
Chile is one of the world's most earthquake-prone countries. A devastating 8.8-magnitude quake and the tsunami it unleashed in 2010 killed 551 people, destroyed 220,000 homes and washed away docks, riverfronts and seaside resorts. It was so strong it changed time, shortening the Earth's day slightly by changing the planet's ...
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Dont wear socks hot Pakistanis told amid power crisis
A woman cooks over a wood-burning fire under a battery-run emergency light during a power outage in a slum in Islamabad April 29, 2013. REUTERS/Faisal ...
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Activists Say 23 Hezbollah Militants Killed in Syria Fighting
Citizen journalism image provided by Qusair Lens which has been authenticated based on its contents and other AP reporting, shows Syrians inspecting the rubble of damaged buildings due to government airstrikes, in Qusair, Homs province, Syria, May 18, ...
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Poor Countries Lack Modern Contraception
A new study says little is being done to meet the growing demand for modern contraception methods in poor countries. The Guttmacher Institute says there’s an increasing desire for smaller families. Guttmacher says between 2003 and 2012 the number of women wanting to avoid pregnancy – and in need of modern contraception – rose from 716 million to 867 million. The sharpest ...
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Argentine president to visit Brazil
Brazilian President Dilma Rousseff will meet on Friday her Argentine counterpart Cristina Kirchner for talks on enhanced bilateral cooperation, Brazilian authorities said Wednesday.The Brazil-Argentina Business Council created during Rousseff's visit to Argentina on Jan. 31 will meet for the first time in Brasilia on Friday, a statement released Wednesday by the Brazilian Foreign Ministry, ...
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Brazilian lovers balcony leap goes viral
Video of a half-naked man climbing out of window in São Paulo as a couple argue on an adjacent balcony has attracted nearly a million views on YouTube since it was posted on ...
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