Global commodity prices continue to be the main driver of inflation in both Brazil and Chile, according to the latest Latin America update report from Capital Economics.
Chile achieved a record year for exports in 2010, according to a report by ProChile. Exports in 2010 were valued to be 69.6 billion US dollars, up nearly 30% from the 2009 figure, 53.7 billion USD.
When former Chilean dictator Gen. Augusto Pinochet flew to Europe in 1998 for a vacation and back surgery, little did he know that he would be jailed by British authorities (acting on a Spanish arrest warrant) for human rights violations that occurred during his 17-year dictatorship.
Based on market capitalization Brazilian government managed oil and gas company Petrobras ranked third worldwide according to the prestigious PFC Energy 50 list of the world's biggest energy companies.
Brazil expects Venezuela’s full incorporation to Mercosur to be approved “soon” said Foreign Affairs minister Antonio Patriota during a meeting on Monday in Caracas with his peer Nicolas Maduro in Caracas to reaffirm strong bilateral links.
European Union Trade commissioner Karel de Gutch said Monday he strongly believes the EU will reach a trade agreement with Mercosur because “this is the moment” and both sides are committed to conclude negotiations positively.
Former Peruvian President Alejandro Toledo has extended his lead ahead of 10 April’s presidential election with Keiko Fujimori possibly disputing the second round, according to a public opinion poll by Lima-based Datum International.
A recent international study found that Chile is among the three most overweight countries in South America and that Chile’s women have the second highest body mass index (BMI) on the continent. Chile’s men have the third highest.
Brazilian policy towards Middle East and the Arab world harm US strategy in the region according to US embassy diplomatic cables between 2004 and 2009, recently exposed by Wikleaks.
Chile and Bolivia begin talks Monday in La Paz on a 13 point agenda agreed in 2006 and which among other issues includes the landlocked country’s aspiration to recover its outlet to the Pacific lost during a regional war in 1879.