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.
A heat wave is causing a string of forest fires in Colombia, in the Andes glaciers are melting, in Bolivia rainfall is double the average and in the whole Andean region climatic anomalies are forcing drastic measures to contain further damage.
Latinamerica could experience a trade boom in the next five to ten years if China sustains its current rates of growth said Andres Solimano from the UN Economic Commission for Latinamerica, CEPAL.
The Organization of American States Secretary General, Jose Miguel Insulza said he hoped the lack of dialogue with Cuba is only temporary recalling that the majority of OAS members have bilateral relations with the island's government.
Venezuela is preparing a package of measures to contain inflation which begun 2007 with a 2% in January, announced Ricardo Sanguino chairman of the Congressional Finance Committee.