Correa Says Ecuador Willing to Renew Relations With Colombia

By Nathan GillFeb. 27 (Bloomberg) — Ecuador may renew diplomatic relations with Colombia if certain conditions are met, President Rafael Correa said today in a statement posted on the presidential Web site. Correa asked Colombia to reveal all the details of an air raid last year in Ecuadorean territory, repay Ecuador for unspecified damages, support… Read More Correa Says Ecuador Willing to Renew Relations With Colombia

Democracy Strikes Again: The End Of 21st-Century Socialism?

By Nate GillJune 25, 2008 (Southern Affairs) — The resignation of the President of Ecuador’s Constitutional Assembly Alberto Acosta on June 23 is the latest in a series of setbacks for Latin America’s 21st century socialists. With political conditions deteriorating in Venezuela, Bolivia, and Ecuador, it makes sense to ask – what happened to Latin… Read More Democracy Strikes Again: The End Of 21st-Century Socialism?

Peru’s Halts Jungle Highway Construction After Investigation Shows Design Wasn’t Done

June 9, 2008 (Southern Affairs) — Peru’s Transportation and Communications Minister Verónica Zavala announced May 27th that Unasur’s highest profile project, an inter-oceanic highway connecting the Brazilian Atlantic with the Peruvian Pacific, was being investigated after discovering that it did not have a budget or engineering plans. The minister told a Congressional Committee that while… Read More Peru’s Halts Jungle Highway Construction After Investigation Shows Design Wasn’t Done

Banco Del Sur – A Reality Check On The State Of South American Relations

(Dec. 12, 2007) The signing of the “founding act” of the new Banco del Sur raises so many questions that it is difficult to know where to begin. Set against the backdrop of the assumption of Cristina Fernandez de Kirchner in Buenos Aires, Argentina, the meeting highlighted the continued difficulties South America faces as it… Read More Banco Del Sur – A Reality Check On The State Of South American Relations

Is South America Sliding Into Chaos Or Is It Just Business As Usual?

(Nov. 28, 2007) For anyone interested in the state of South America’s regional relations, this week was full of news. Argentina and Uruguay appear to have given up on political dialogue and have closed their borders until The Hague gives them a reply sometime in the next 2 years, Venezuela froze ties with Colombia and… Read More Is South America Sliding Into Chaos Or Is It Just Business As Usual?

BRAZIL ANNOUNCES NEW OIL EXPLORATION IN AMAZON

This week Brazil announced it is seeking approval to explore for new oil and gas reserves near the Jurua River in the Amazonian state of Acre. The government will set aside US$35.5 million for the National Petroleum Agency (ANP) to begin exploration, while the Acre State Industrial Federation has promised to raise US$15 million. Officials… Read More BRAZIL ANNOUNCES NEW OIL EXPLORATION IN AMAZON

SOUTH AMERICAN GAS PIPELINE WILL CONNECT CARIBBEAN WITH PACIFIC OCEAN

The presidents of Colombia, Venezuela, and Ecuador announced Friday Oct. 12th that new Ballenas-Maraciabo international pipeline will be extended across Colombia to create the first transoceanic pipeline on the continent. Speaking at the inauguration Friday, President Chavez said that plans were ready to connect the pipeline with Central America and the Andean countries of Ecuador,… Read More SOUTH AMERICAN GAS PIPELINE WILL CONNECT CARIBBEAN WITH PACIFIC OCEAN