A delegation of Saudi agro-business entrepreneurs headed by the Agriculture minister (and member of the royal family) visited Uruguay with the purpose of establishing a fluid trade exchange and on the long term a strategic alliance.
With a 14th growth in tourist arrivals in the first half of the year Asia doubled the Americas (7.3%) in the industry’s rhythm of recovery and became the region’s main competitor for the European market, according to the latest data from the World Tourism Organization.
Uruguay celebrated on Thursday the 25 years since being accepted as Consultative member of the Antarctic Treaty. The event coincided this year with the XXXIIIth Antarctic Treaty Consultative meeting which for the first time was hosted by Uruguay last May.
Latin America did its homework and allowed its currencies to appreciate sufficiently in order to contribute to the balance of global growth, International Monetary Fund (IMF) chief economist for the region, Nicolás Eyzaguirre, announced.
China has reacted angrily to news that one of its dissidents has won this year's Nobel Peace Prize, labelling it obscene and saying the prize has gone to a criminal. Nobel Committee president Thorbjoern Jagland announced the illustrious award in Oslo.
Monthly inflation in Chile quickened as the cost of food and beverages rose the most in at least 20 months. Consumer prices rose 0.4% in September from a month earlier, the National Statistics Institute, INE, said Friday compared to a 0.1% decline in August. Food and beverage prices rose 1.4 percent last month.
Brazil’s ruling party candidate Dilma Rousseff is playing up her Roman Catholic background in efforts to win back religious voters, whose doubts about her faith and position on abortion rights may have cost her an outright victory in Sunday’s presidential election.
Chilean rescue teams hope to start evacuating next Tuesday the 33 miners who have been trapped 700 metres underground for two months in a survival story that has gripped the world.
“The IMF wants to make us believe that the policies which caused the crisis are now going to be part of the solution”, said Argentina’s Central bank president Mercedes Marcó del Pont following the opening of the IMF/World Bank annual assembly.
The US dollar’s value against the Chilean peso experienced a sharp drop in the second semester of 2010. The exchange rate has been on a steady decline, devaluing by 63 pesos since July, until closing Wednesday at 482.7 pesos to the dollar – which was a daily drop of 0.4 pesos.