Spanish to English Translation, courtesy Professor Winn
Piñera considers privatizing copper
The day after his electoral triumph, Sebastian Piñera, unofficially president-elect of Chile, gave a press conference to foreign journalists and announced “making radical changes in Codelco, because in recent years it has lost productivity, efficiency, and stopped being the largest copper company in Chile surpassed by the private sector and needs a way forward, a new boost.”
Mexican airlines in free fall
The companies lost 11.6% in 2009, transporting 24.4 millions of passengers; the economic recession and H1N1 flu affected tourism in the country.
70% of Colombians could contract malaria and dengue
Preventative measures to avoid spreading these diseases are already underway in zones below 1,800 meters above sea level.
Oil explorers return to the Falklands
LONDON—Twelve years after the last oil explorers left the Falkland Islands, British firms are returning, attracted by the increasing price of oil and technological advances in deep-water drilling.
Bolivia to nationalize its private pension system
The Administrators of Private Pension Funds (AFP in Spanish) operating in Bolivia, subsidiaries of groups in Spain and Switzerland, will be substituted with a state enterprise, Minister of Public Finances and Economics Luis Acre said in an interview published today in La Prensa.
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