The Office of the U.S. Trade Representative (USTR) announced this week that Chile has been elevated from its Watch List to its Priority Watch List for alleged failure to comply with U.S. standards for intellectual property rights protection. The USTR cited the software and pharmaceutical industries in Chile as presenting the greatest threats to American business interests.
Investors scared by President Hugo Chavez's nationalization plans rushed to sell off Venezuelan stocks Tuesday, while U.S. officials and financial analysts warned that increasing government control in the power, telecom and oil sectors is a mistake.
Organization of American States Secretary General Jose Migule Insulza received on Tuesday full support from country members' representatives during a debate promoted by Venezuela following the controversy with Venezuelan president Hugo Chavez.
Chile decided on Tuesday to increase to 33%, and during three months, safeguard tariffs on Argentina wheat flour, reported in Santiago the Minister of Agriculture Alvaro Rojas.
Venezuelan President Hugo Chavez was sworn in for another six years on Wednesday, promising to press ahead with a sweeping socialist agenda: Fatherland. Socialism or death ÃÂ¢€ I swear it” said Chavez, holding his right hand in the air as he invoked Cuban leader Fidel Castro's famous call to arms.
Latinamerica and the Caribbean trade surplus with the United States in November dropped 11.5% in November to just over 7 billion US dollars according to the US Department of Commerce.
Agrosuper, Chile's largest meat producer could face serious fines or a shutdown of its factories by health authorities after workers of its Huechuraba plant denounced the sale of decomposing meat.
A record 711.000 cars were sold in Chile's Metropolitan Region in 2006, up 7.6% more vehicles than last year.
Former Marxist guerrilla and United States Cold War enemy Daniel Ortega was sworn in as Nicaraguan president on Wednesday 16 years after voters tired of a civil war with Contra rebels threw him out of office.
President Hugo Chavez announced plans on Monday to nationalize Venezuela's electrical and telecommunications companies, pledging to create a socialist state in the spirit of the Bolivarian revolution.