Calderón Inaugurates New Subway Line in Mexico City
Mexican President Felipe Calderón inaugurated line 12 of the Mexico City subway yesterday, which will incorporate 20 new stations and connect Tláhuac, a largely poor semirural area, to the city’s subway grid. According to Calderón, thanks to the new “golden line”, which commemorates 200 years of Mexican independence, Mexico’s transportation system can compete with the … Read more
Chile’s Lithium Reserves: The Nationalization-Privatization Battle
Chile has embraced extractive industries as a tool for sustained economic growth, but this relationship does not come without controversy. At the beginning of this month, only one week after the government had announced the winner of its lithium contract, the concession had been scrapped and Sub-Secretary of Mining Pablo Wagner had resigned. Chile is … Read more
IDB Supports Bolivia’s Highway Expansion
On Thursday, The Inter-American Development Bank (IDB) approved a $122 million loan to help expand and upgrade a 69.7 kilometer (43.3 mile) segment of Bolivia’s Santa Cruz-Cochabamba Highway. Developing the highway has been declared a national priority due to its high traffic volume of 9,000 vehicles per day. More than 20 percent of trucks using … Read more
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