A leading Brazilian economist Edmar Bacha, one of the architects behind the 1994 Plan Real to stabilize Latin America’s largest economy said the country was at risk of becoming entirely dependent on natural resources exports and urged greater savings to invest in diversification.
Chile has been included in the New York Times’ list of top travel destinations in 2012, with Chilean Patagonia in 8th place, and Chiloé in 37th place out of a total of 45.
Argentina in two brief statements said on Tuesday that there has been no change in Mercosur members’ position to bar Falklands’ flagged vessels from the region’s ports and that the United Kingdom admits that such policy has become effective.
Thirty years after the Falkland Islands conflict, the South Atlantic Islands are the focus of a “black gold rush” as a string of exploration companies seek to be the first to find commercially viable reserves in the region, writes the London Express City & Business.
The British government said it would resist any attempts to coerce the Falkland Islands through economic or other pressures, and revealed it is holding ‘productive discussions’ with Uruguay, Chile and Brazil to ensure trade and commercial links between the Islands and South America are not compromised by political declarations.
Rockhopper Exploration announced Monday that it has completed its successful round of drillings in Falkland Islands waters with the Ocean Guardian rig.
Campden Hill Square in Holland Park, West London, has become Britain's most desirable road with an average house price of £4.9m. The square near Kensington Palace has topped a survey of house prices across the country by Lloyds TSB.
As emergency workers finish extinguishing the last traces of fire in Torres del Paine National Park, now the Chilean government is beginning to look at the next critical phase in handling the disaster in Chile’s world-famous adventure destination.
Nicaragua President Daniel Ortega takes office for a third time on Tuesday with an ample majority in Congress and in the presence of close allies such as Iran’s Mahmud Ahmadinejad and Venezuela’s Hugo Chavez.
Paraguay veterinary services concluded Monday midday the termination of 168 livestock mostly belonging to a farm where an outbreak of foot and mouth disease was confirmed 2 January in the county of San Pedro to the centre north of the country.