Chile's birth rate has dropped substantially from 3.5% in 1962 to just 1.6% today. And with the country's baby boom generation (1957ÃÂ¢€”1962) turning grey, Chile could face a future crisis of social care and pension payments.
Ecuador's new administration of President Rafael Correa that has threatened to default on the country's debt, will use a 30-day grace period to make a payment that is due this week, Deputy Economy Minister Fausto Ortiz told reporters in Quito.
Three new cases of Dengue Fever (DF) were reported last weekend on Easter Island, a Chilean outpost in the South Pacific. Two men and one woman, both native islanders, were found to be infected with the disease.
Iran's national airline will begin direct flights to Venezuela next month in another sign of the two nations' increasingly close ties.
Two Chilean fishing boats were detained near the Los Palos beach in the Peruvian province of Tacna after they were caught fishing in Peruvian waters. The boats returned to Santiago on Thursday morning. The case, still under investigation, forms another chapter in the ongoing of the tug-of-war between Chile and Peru over their maritime borders.
United States Secretary of State Condoleezza Rice this week requested from Congress the ratification of the Free Trade Agreements, FTA, which the White House has signed with Peru and Colombia.
The Venezuelan government and United States AES Corporation signed Thursday a memorandum of understanding (MOU) for the purchase of AES's 82.14% stake in La Electricidad de Caracas (EDC) for 739.3 million US dollars.
Peru's Central Bank raised the country's economic growth forecast for 2007 from 5.7 to 6.8%, following a 7.9% expansion in 2006, which was the highest since 1995.
The head of the United Nations Educational, Scientific and Cultural Organization (UNESCO) offered Chile assistance in repairing damage caused by the fire that destroyed part of the historical centre of the port city of Valparaiso last week, killing several people.
The notion of a racial divide in the Caribbean tourism industry is a problem that dare not speak its name. It creates discomfort among many of the expatriate hotel owners and managers, and governments are fearful of dealing with it.