Migrants officially sent home more than 167 billion dollars to their families in developing countries this year ? a figure more than twice the level of international aid, according to the World Bank's annual Global Economic Prospects report for 2006, titled The Economic Implications of Remittances and Migration.
Mexican president Vicente Fox has been invited to participate in the Montevideo December Mercosur summit but there's no official confirmation of his presence, revealed Mexican Ambassador in Uruguay, Perla Carvalho.
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China and Chile on Friday signed a free trade agreement, the first between China and a Latin American country.
Brazilian Finance minister Antonio Palocci defended Wednesday before Congress, the government's orthodox economic policy, brushed aside claims of illegal acts or wrongdoings during his time as elected mayor and ignored rumours about his possible resignation.
Falkland Islands general election came along with a few surprises: only two members of the previous government retained their seats in the Stanley constituency, and in the Camp only one was returned.
Air France inaugurated Thursday direct flights between Paris and Santiago which represents a 70% route capacity expansion, reported the French carrier in Chile.
Brazil's government owned oil company Petrobras announced Thursday it has discovered oil of ??excellent'' quality in the north-eastern state of Bahia.
Abattoir activity in the Brazilian state of Matto Grosso do Sul, the country's second main beef exporter, dropped a dramatic 76% in October since the outbreak of foot and mouth disease was reported, said Jose Antonio Felicio from the Agriculture Ministry.
Chile's peso climbed to its strongest against the US dollar in more than five years after the government reported that exports of copper, the country's biggest export, surged in October and prices for the metal kept breaking records.