Dutch Caribbean dependency the Netherlands Antilles has ceased to exist with a change of the five islands' constitutional status. Curacao and St Maarten have become autonomous countries within the Kingdom of the Netherlands, joining Aruba, which gained the status in 1986.
Spanish is the third most common language in the web with 136 million users which represents 8% of the total number of internauts in the world, behind English (38%) and Chinese (22%) according to a report from Fundacion Telefonica New York.
With a 14th growth in tourist arrivals in the first half of the year Asia doubled the Americas (7.3%) in the industry’s rhythm of recovery and became the region’s main competitor for the European market, according to the latest data from the World Tourism Organization.
Latin America did its homework and allowed its currencies to appreciate sufficiently in order to contribute to the balance of global growth, International Monetary Fund (IMF) chief economist for the region, Nicolás Eyzaguirre, announced.
Monthly inflation in Chile quickened as the cost of food and beverages rose the most in at least 20 months. Consumer prices rose 0.4% in September from a month earlier, the National Statistics Institute, INE, said Friday compared to a 0.1% decline in August. Food and beverage prices rose 1.4 percent last month.
Chilean rescue teams hope to start evacuating next Tuesday the 33 miners who have been trapped 700 metres underground for two months in a survival story that has gripped the world.
The US dollar’s value against the Chilean peso experienced a sharp drop in the second semester of 2010. The exchange rate has been on a steady decline, devaluing by 63 pesos since July, until closing Wednesday at 482.7 pesos to the dollar – which was a daily drop of 0.4 pesos.
An immediate drastic reduction in fishing capture quotas and adapting to the new reality was announced this week by Chile’s Minister of Economy Juan Andres Fontaine who unexpectedly participated in the Chilean National Fisheries Council meeting.
The 2010 Nobel literature prize winner Peruvian born author Mario Vargas Llosa said that he felt a great joy'' when he was called with the news, but at first, he thought it might be a joke, I thought I had been completely forgotten by the Academy. I didn't even know the prize was being given this month.''
Latin America is exiting from the global financial crisis faster than anticipated, and should use the opportunity to boost fiscal savings that can slow inflation and prevent overheating, the IMF said Wednesday.