Stories for December 2006
Chile's Sky Airline plans to fly to Cordoba and Mendoza
BUENOS AIRES — Chilean private company Sky Airline, which currently serves the Chilean domestic market, said that it is planning an imminent expansion of its route network to Córdoba and Mendoza in central Argentina, as part of wider plans to also fly to Sao Paulo, Lima and Madrid.
Moody's improves Uruguay's rating but vulnerabilities remain
Moody's Investors Service upgraded the foreign- and local-currency bond ratings of Uruguay to B1 from B3 following a steady improvement in fiscal performance, a reduction in external and government debt ratios, and a significant reduction of refinancing risks.
Copper mining companies invest in “reliable” energy
Four of the largest mining companies operating in Chile have joined forces in pursuit of reliable and affordable gas supplies.
Another Chilean General's grandson fired
A week after Augusto Pinochet Molina, grandson of the former Chilean dictator, was fired from Chile's armed forces for giving an incendiary speech at his grandfather's funeral, the grandson of former General Carlos Prats, Francisco Cuadrado Prats, was fired from his job as a cultural director in Santiago's borough of Las Condes.
Search operation for crew members of sunken fishing vessel
Two crew members from a Korean fishing vessel that sunk in the South Atlantic at mid week remain unaccounted for in spite of the intense search and rescue operation.
Penguin News Update
Headlines: Lord Triesman's seasonal greetings; Mine feasibility study: '100% clearance is possible'; Chief of Police officially resigns; Festive cruise visits; Men lost after ship links.
Brazil's Varig dismissed from Star Alliance
Varig, Brazil's former flagship carrier, has been forced to leave the Star Alliance, in a move that could leave the world's largest airline grouping without a Latin American partner for 18 months or more.
Market will continue to call for soybean acres
It's beginning to sound like a scratched CD, but supplies of soybeans are large.
The market, though, is bidding up soybeans so producers will keep soybeans in their rotation for 2007.
U.S. ending stocks for Aug. 31, 2007 are projected at 565 million bushels.
Brasil's air system in chaos
Chaos returned to Brazil's airports Thursday, with passengers occupying runways and aircraft to protest delayed and cancelled flights, local media reported. The National Civil Aviation Agency (ANAC) said 44 per cent of Thursday's 1,227 scheduled flights were delayed by more than an hour and more than 40 flights were cancelled.
Latin America: Unemployment is Key Problem
A high number of Latin Americans are concerned about a shortage of jobs, according to the 18-country Latinobarómetro released by The Economist. 45 per cent of respondents in Panama select unemployment as the most important problem, followed by 39 per cent in Uruguay and 37 per cent in Nicaragua.
