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Coca Cultivation in Bolivia Remains Stable, Contributes $310 Million to Economy

The cultivation of coca bushes in Bolivia has remained stable over the past year with 31,000 hectares planted with the shrub, the raw material for the manufacture of cocaine, according to a new survey by the United Nations Office on Drugs and Crime (UNODC). continue reading »

¡Felicidades! Nicaragua on Your 190th Year of Independence!

    Today, all of Nicaragua is celebrating and rejoicing its 190-year old independence from Spain. The Spanish arrived in the 1500's and stayed for nearly 300 years as it colonized the region, enslaved native populations and decimated the island with smallpox.
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Colombia To Bring Down Housing Shortage in Low-Income Sectors

The Inter-American Development Bank (IDB) will contribute to reduce the housing shortage in the most backward sectors of Colombia through a credit guarantee of 9.5 billion Colombian pesos (some US$5.38 million) granted to Credifamilia Compañía de Financiamiento S.A., which specializes in mortgage loans for social housing. continue reading »

Brazil Census:  43,000 Children Under 14 are Married

In spite of the moral condemnation in this largely Catholic country and the illegality of it, almost 43,000 children under 14 years-old are either married or live with a partner. continue reading »

Peru’s Mineral Exports See Strong Increase, Valued at $24.7 Billion

It doesn’t appear that Peru will lose its dominance in the production and exporting of raw minerals. The government is reporting that it expects to export over $24.7 billion in minerals which is a 13.8% increase over last year. continue reading »

Six Priests Murdered in Colombia in 2011 thus Far

The Bishops of Colombia have expressed their deep sorrow and concern over the murder of don Gualberto Oviedo Arrieta, priest of Our Lady of Carmen in Capurganá (10 kilometers from the border with Panama, about 280 km from the capital Bogota), in the diocese of Apartadó, which took place at dawn yesterday, September 12. continue reading »

Iran Government Launches, HispanTV, First Ever Spanish-Language News Channel

The repressive regime of President Mahmoud Ahmadinejad has just launched the country’s first Spanish language news channel with original programming, lifestyle news, talk shows and politics aimed at reaching audiences in Latin America. continue reading »

Plane Crash Victim Survives in Bolivian Jungle by Drinking His Own Urine (VIDEO)

Minor Vidal believes he is alive today because of the boy scout training he received two decades ago. Vidal was the lone survivor of a Aerocon flight between the Bolivian cities of Santa Cruz and Trinidad. continue reading »

Argentina’s Cast of Rodin’s Famous ‘The Thinker’ is Vandalized and Maybe Permanently Damaged

While the original of Auguste Rodin ‘The Thinker’ sits at the artists museum in Paris 22 original casts are displayed around the world. Buenos Aires, capital of Argentina, is host to the third cast of this iconic and classic piece of art. continue reading »

Chile Investing in Climate Friendly Technologies

The Multilateral Investment fund (MIF), of the IDB Group, will provide equity investment of up to $5 million in the Chilean Renovarum Renewable Energy Fund, a project that seeks to create a new development model for the local venture capital industry around low-carbon and climate-friendly technologies. continue reading »

Argentina Will Raise Payments to Poor Families by 23%

Argentina is planning on spending $2.8 billion dollars or 11.8 billion pesos to boost payments to the countries poor families. This 23 percent increase in support for the poor is considered one of President Cristina Fernandez de Kirchner’s biggest achievements. continue reading »

State Department Officials Conclude Diplomatic Meetings in Chile and Peru

Deputy Secretary of State Bill Burns returned yesterday from a very productive visit to Peru and Chile September 1-4, 2011. continue reading »

Colombia Set to Cut Its Carbon Emissions

The Inter-American Development Bank (IDB) will support a $10.5 million project to set up a system of Verified Emissions Reductions (VERs) in Colombia, with the aim of cutting over half a million tons of carbon emissions over four years through a voluntary trading system, among other measures. continue reading »

Venezuela to Extend Water & Sanitation Services to Rural Communities

Venezuela will improve or expand access to water and sanitation services to 11,000 households in up to 68 rural communities and small towns with a $100 million loan approved by the Inter-American Development Bank (IDB). continue reading »

Argentina Set to Raise Its Minimum Wage by 25%

Argentina, under the leadership of President Cristina Fernandez, is set to raise its minimum wage by 25% to approximately $550 per month wages. The Latin American country already was paying the highest minimum in the region and is living under the highest inflations rates in the region. continue reading »

Despite Sluggish Economy Latin American Exports to U.S. Increase by 22%

Despite the sluggish economy this year, Latin American exports to the U.S. jumped by 22 percent for the first half of the year. continue reading »

Colombia Funds Early Childhood Services for Low-Income Households in Country

The Multilateral Investment Fund (MIF), a member of the IDB Group, is partnering with Fundación Carulla in Colombia to create a franchise of high-quality early childhood services for low-income households in the country. continue reading »

Brazil Govt to Dispatch Security Force in Amazon to Protect Indigenous Tribes from Drug Cartels

The Brazilian government says it will dispatch National Security Force agents to help protect a tribe of uncontacted Indians missing after drug traffickers attacked a government guard post. continue reading »

UPDATE: Suspect Named in Connection With Facundo Cabral’s Murder

Costa Rican Alejandro Jiménez Gonzalez has been named as the main suspect in connection with the murder of the singer Facundo Cabral, last month in Guatemala. continue reading »

Brazilian Elevator Drops 262 Feet Killing 9 Onboard

An elevator accident in Salvador, Bahia Brazil has left nine people dead early Tuesday morning. The accident happened at the construction site of a 32-story building in the Iguatemi area of the city. Nine construction employees were riding the elevator up to the 20th floor of the building when it didn’t stop and hit a cable on the top floor. continue reading »