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Venezuela will slash value of currency President dismisses central bank governor  Argentina: Cristina Fernandez de Kirchner has ordered the removal from office of Martin Redrado, who had refused to use currency reserves to pay foreign... Strikes paralyze Buenos Aires   Argentina: The capital city was beset by strikes, with teachers, doctors and transit employees refusing to work over money matters Brazil and Paraguay in power deal
Oil drilling set to start off Falkland islands. United Kingdom Beef prices could plummet after boycott. Argentina Chavez announces electricity emergency. Venezuela Stores face punishment after devaluation. Venezuela Chavez: military will monitor prices
Feb. 21
Feb.18
Feb.9
Jan.11
Jan.10
  Venezuela: In the wake of devaluation currency, Chavez on said he would put the military on the streets to ensure that business owners don't raise prices
Jan.8
Jan.7


year 2009
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Jul.25


South America, Business Major Events in 21st Century

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Oil drilling set to start off Falkland islands Map of Falkland United Kingdom   United Kingdom: A British rig is due to begin drilling for oil in the territorial waters of the Falkland Islands, despite opposition from Argentina Beef prices could plummet after boycott  Argentina: Three days after a consumers' group called for a meat boycott, the head of Argentina's beef industry said prices will fall by week's end   Chavez announces electricity emergency  Venezuela: Venezuelan President has declared a state of emergency for the nation's electricity supply and announced a series of billing sanctions and r... Stores face punishment after devaluation  Venezuela: Inspectors, aided by the military, shut down 70 stores as a sanction for allegedly adjusting prices in the wake of a currency devaluation   Chavez: military will monitor prices


February 2010 ... more > Top ^
Feb. 21  
Feb.18
Feb.9


January 2010 ... more > Top ^
Jan.11
Jan.10
  Venezuela: In the wake of devaluation currency, Chavez on said he would put the military on the streets to ensure that business owners don't raise prices
Jan.8   Venezuela will slash value of currency  President Hugo Chavez has announced that the bolivar will be devalued for the first time since 2005 by at least 17% Jan.7 President dismisses central bank governor
  Argentina: Cristina Fernandez de Kirchner has ordered the removal from office of Martin Redrado, who had refused to use currency reserves to pay foreign debt


year 2009 Top ^

Oct.29   Strikes paralyze Buenos Aires Map of Buenos Aires Argentina
  Argentina: The capital city was beset by strikes, with teachers, doctors and transit employees refusing to work over money matters
Sep.7 Brazil, France reach agreement on jets Jul.25 Brazil and Paraguay in power deal  Brazil has agreed to triple its payments to Paraguay for energy from a massive hydro-electric dam on their border, ending a long-running dis... May.15 Venezuela seizes U.S.-owned food plant May.8 Chavez seizes oil service firms. Venezuela Mar.21   Chavez cuts budget over oil price  Venezuela: President Chavez has unveiled a series of measures to offset falling oil revenues that account for about 50% of the national budget Military 'seizes ports'
  Venezuela: Venezuela's military has taken control of key airports and sea ports under the terms by parliament to centralise the main transport hubs Mar.4 Chavez orders nationalization of Cargill. Venezuela Mar.3 Government, farmers reach accords. Argentina Feb.28  Chavez sends army to rice plants Feb.19 Aircraft maker Embraer to cut jobs  Brazil: Embraer is to lay off more than 4,000 employees as a result of the global economic downturn: demand for new planes had dropped Feb.6 Latin America poverty 'may soar' Jan.29  Farmers face ruin as drought kills cattle

year 2008 Top ^

Dec.30  Colombia freezes fuel prices Dec.13 Ecuador won't pay foreign debt interest
Nov.23 Apec upbeat over global downturn. Peru Nov.22   Apec leaders make free-trade vow
  Peru: Leaders from Asia-Pacific countries have pledged not to respond to the global financial crisis by raising trade barriers over 2009
 In a statement the leaders said protectionism would only worsen a difficult situation. It endorses the declaration made at a summit of G20 in Washington. The meeting is Bush's last foreign trip as US president
Nov.3 Itaś and Unibanco to merge operations. Brazil Jul.18 President drops farm tax after protests  Argentina: Cristina Fernandez de Kirchner is dropping an agricultural export tax that has provoked months of protests from farmers Jun.15 Farmers renew protests. Argentina Jun.4 Traffic snarls latest bump in farm crisis. Argentina May.29 Latin Americans to discuss cost of food. Venezuela Apr.21 Leaders warn on biofuels and food. UN Mar.31 Striking farmers resume blockades. Argentina Mar.25 Farmers strike leaves shelves bare. Argentina Feb.12 Exxon Mobil cut off from Venezuela's oil

year 2007 Top ^

Dec.21   Chavez proposes oil barter scheme   Venezuela: President Hugo Chavez has said Central American and Caribbean states could pay for oil with services or products like bananas and sugar Nov.8 Oil discovery rocks Brazil  A huge offshore discovery could raise Brazil's petroleum reserves by 40% and boost the country into the ranks of the world's major exporters
Jun.25 US firms 'reject' Venezuela deal May.4 Brazil to break Aids drug patent Apr.30     Venezuela to pull out of IMF, World Bank  President Chavez announced he would make a symbolic move because the nation has already paid off its debts to the lending institutions Mar.10 Bush talks trade. Uruguay Jan.8 Chavez bid for more state control  Venezuela: The President has pledged to nationalise key Venezuelan companies to transform the country into a full socialist state

year 2006 Top ^

Aug.31 Strike ends at Escondida. Chile May.2 Gas grab 'just the start'. Bolivia May.1   Gas under state control
  Bolivia: President Morales has signed a decree placing country's energy industry under state control.    Morales said foreign energy firms must agree to channel their sales through the state, or else leave the country. The President se...
Apr.29   Leftist trio seals Americas pact
   Cuba: The leaders of Bolivia, Cuba and Venezuela have signed a trade agreement to counter US influence

year 2005 Top ^

Nov.28 Venezuela signs Spain arms deal  Spain has concluded a controversial deal in Caracas to supply military equipment worth $2bn

year 2004 Top ^

Aug.4  WTO raps EU over sugar subsidies

year 2002 Top ^

Dec.19  Oil execs defy court order, stay off job Dec.18 Strike strangles oil exports  Venezuela: Opposition demonstrators blocked major highways and roads, paralyzing parts of the capital Dec.5  Troops step into strike Aug.23  Economy registers sharpest drop ever Aug.7 IMF throws extra $30bn to Brazil Apr.19  Bank freeze ordered Feb.11 Peso passes first test. Argentina Feb.3  Crisis package unveiled Feb.1  Economic package delayed Jan.25  March against bank curbs Jan.6   Peso devaluated  Argentina: New government ends 10 years of parity with the US dollar. 1.4 pesos would buy $1, a devaluation of 30% Jan.5  Rescue plan approved

year 2001 Top ^

Dec.23 Debt payments suspended
. Argentina Dec.19 Argentina plunges into turmoil Dec.10  Strike closes cities Dec.3  Defiant message amid crisis Aug.3 IMF to accelerate $1.2 billion loan. Argentina Apr.16  Rebels kidnap oil workers Mar.20 World's biggest oil rig sinks. Rio de Janeiro Mar.17  Rush to save slowly sinking oil rig


  Chavez: military will monitor prices




South America, Business Financial Timeline ... See World Financial timeline Top ^
2010
Jan.10
  Venezuela: In the wake of devaluation currency, Chavez on said he would put the military on the streets to ensure that business owners don't raise prices
Jan.8 Venezuela will slash value of currency  President Hugo Chavez has announced that the bolivar will be devalued for the first time since 2005 by at least 17% Jan.7 President dismisses central bank governor
  Argentina: Cristina Fernandez de Kirchner has ordered the removal from office of Martin Redrado, who had refused to use currency reserves to pay foreign debt
2008 Dec.13 Ecuador won't pay foreign debt interest 2007 Apr.30   Venezuela to pull out of IMF, World Bank  President Chavez announced he would make a symbolic move because the nation has already paid off its debts to the lending institutions 2002 Aug.7 IMF throws extra $30bn to Brazil Apr.19  Bank freeze ordered Feb.11 Peso passes first test. Argentina Feb.3  Crisis package unveiled Jan.25  March against bank curbs Jan.6 Peso devaluated  Argentina: New government ends 10 years of parity with the US dollar. 1.4 pesos would buy $1, a devaluation of 30% Jan.5  Rescue plan approved 2001 Dec.23 Debt payments suspended. Argentina Dec.19 Argentina plunges into turmoil Dec.3  Defiant message amid crisis Aug.3 IMF to accelerate $1.2 billion loan. Argentina



South America, Business Food Timeline ... See World Food timeline Top ^
2010 Feb.18 Beef prices could plummet after boycott
  Argentina: Three days after a consumers' group called for a meat boycott, the head of Argentina's beef industry said prices will fall by week's end 2009 May.15 Venezuela seizes U.S.-owned food plant Mar.4 Chavez orders nationalization of Cargill. Venezuela Feb.28  Chavez sends army to rice plants Jan.29  Farmers face ruin as drought kills cattle 2008 Jul.18 President drops farm tax after protests
  Argentina: Cristina Fernandez de Kirchner is dropping an agricultural export tax that has provoked months of protests from farmers Jun.15 Farmers renew protests. Argentina Jun.4 Traffic snarls latest bump in farm crisis. Argentina May.29 Latin Americans to discuss cost of food. Venezuela Apr.21 Leaders warn on biofuels and food. UN



South America, Business Merger Timeline ... See World Merger timeline Top ^
2008 Nov.3 Itaś and Unibanco to merge operations
. Brazil



South America, Business Bio Tech Timeline ... See World Bio Tech timeline Top ^
2007 May.4 Brazil to break Aids drug patent




South America, Business Labor Conflict Timeline ... See World Labor Conflict timeline Top ^
2009 Oct.29 Strikes paralyze Buenos Aires
Map of Buenos Aires Argentina
  Argentina: The capital city was beset by strikes, with teachers, doctors and transit employees refusing to work over money matters
Mar.3 Government, farmers reach accords. Argentina 2008 Mar.31 Striking farmers resume blockades. Argentina Mar.25 Farmers strike leaves shelves bare. Argentina 2006 Aug.31 Strike ends at Escondida. Chile 2002 Dec.19  Oil execs defy court order, stay off job Dec.5  Troops step into strike 2001 Dec.10  Strike closes cities



South America, Business Job Cut Timeline ... See World Job Cut timeline Top ^
2009 Feb.19 Aircraft maker Embraer to cut jobs  Brazil: Embraer is to lay off more than 4,000 employees as a result of the global economic downturn: demand for new planes had dropped



South America, Business Bad Economic News Timeline ... See World Bad Economic News timeline Top ^
2009 Feb.6 Latin America poverty 'may soar'




South America, Business Military Business Timeline ... See World Military Business timeline Top ^
2005 Nov.28 Venezuela signs Spain arms deal  Spain has concluded a controversial deal in Caracas to supply military equipment worth $2bn



South America, Business Retail Timeline ... See World Retail timeline Top ^
2010 Jan.11 Stores face punishment after devaluation  Venezuela: Inspectors, aided by the military, shut down 70 stores as a sanction for allegedly adjusting prices in the wake of a currency devaluation



South America, Business Aviation Business Timeline ... See World Aviation Business timeline Top ^
2009 Mar.21 Military 'seizes ports'  Venezuela: Venezuela's military has taken control of key airports and sea ports under the terms by parliament to centralise the main transport hubs



South America, Business Good Economic News Timeline ... See World Good Economic News timeline Top ^
2008 Nov.23 Apec upbeat over global downturn
. Peru



South America, Business Macroeconomics Timeline ... See World Macroeconomics timeline Top ^
2007 Jan.8 Chavez bid for more state control  Venezuela: The President has pledged to nationalise key Venezuelan companies to transform the country into a full socialist state 2002 Aug.23  Economy registers sharpest drop ever Feb.1  Economic package delayed



South America, Business Trade Timeline ... See World Trade timeline Top ^
2009 Sep.7 Brazil, France reach agreement on jets
2008 Nov.22   Apec leaders make free-trade vow
  Peru: Leaders from Asia-Pacific countries have pledged not to respond to the global financial crisis by raising trade barriers over 2009
 In a statement the leaders said protectionism would only worsen a difficult situation. It endorses the declaration made at a summit of G20 in Washington. The meeting is Bush's last foreign trip as US president
2007 Dec.21   Chavez proposes oil barter scheme   Venezuela: President Hugo Chavez has said Central American and Caribbean states could pay for oil with services or products like bananas and sugar Mar.10 Bush talks trade
. Uruguay 2006 Apr.29   Leftist trio seals Americas pact   Cuba: The leaders of Bolivia, Cuba and Venezuela have signed a trade agreement to counter US influence 2004 Aug.4  WTO raps EU over sugar subsidies



South America, Business Natural Gas Timeline ... See World Natural Gas timeline Top ^
2006 May.2 Gas grab 'just the start'
. Bolivia May.1 Gas under state control
  Bolivia: President Morales has signed a decree placing country's energy industry under state control.    Morales said foreign energy firms must agree to channel their sales through the state, or else leave the country. The President se...




South America, Business Energy Timeline ... See World Energy timeline Top ^
2010 Feb.9   Chavez announces electricity emergency  Venezuela: Venezuelan President has declared a state of emergency for the nation's electricity supply and announced a series of billing sanctions and r... 2009 Jul.25 Brazil and Paraguay in power deal  Brazil has agreed to triple its payments to Paraguay for energy from a massive hydro-electric dam on their border, ending a long-running dis...



South America, Business Oil Timeline ... See World Oil timeline Top ^
2010 Feb. 21 Oil drilling set to start off Falkland islands
Map of Falkland United Kingdom   United Kingdom: A British rig is due to begin drilling for oil in the territorial waters of the Falkland Islands, despite opposition from Argentina 2009 May.8 Chavez seizes oil service firms. Venezuela Mar.21   Chavez cuts budget over oil price  Venezuela: President Chavez has unveiled a series of measures to offset falling oil revenues that account for about 50% of the national budget 2008 Dec.30  Colombia freezes fuel prices Feb.12 Exxon Mobil cut off from Venezuela's oil 2007 Nov.8 Oil discovery rocks Brazil  A huge offshore discovery could raise Brazil's petroleum reserves by 40% and boost the country into the ranks of the world's major exporters Jun.25 US firms 'reject' Venezuela deal 2002 Dec.18 Strike strangles oil exports  Venezuela: Opposition demonstrators blocked major highways and roads, paralyzing parts of the capital 2001 Apr.16  Rebels kidnap oil workers Mar.20 World's biggest oil rig sinks. Rio de Janeiro Mar.17  Rush to save slowly sinking oil rig