The collapse of Brazil's flag carrier Varig last year caused a significant fall in the number of foreign tourists visiting Brazil in 2006 revealed a top official from the Ministry of Tourism in Rio do Janeiro.
Chile's ambassador to Venezuela was ordered home Wednesday because of a television interview in which he discussed what he said was a private conversation with President Michelle Bachelet about Chile's vote last year in a U.N. Security Council election.
Figures recently released by Chile's National Chamber of Commerce and Tourism (CNC) show tourism investment in 2006 to be the highest in five years. Investment last year reached 2.1 billion US dollars, up 4.7% over 2005.
President George W. Bush arrived in the Mexico's Yucatán capital of Mérida late Monday on the last leg of his five-nation Latin American tour. He is set to meet President Felipe Calderón Tuesday to talk trade, migration and security, all highly controversial issues for the neighboring countries.
February has been a quiet month for South Georgia island with visits from only eight cruise ships, the Fisheries Patrol FPV 'Pharos SG' and yacht 'Adele' reports GSGSSI.
Argentina and Bolivia signed an agreement for the construction of the Northeast Argentina Gas Pipeline, a project that will require an investment of 1.1 billion US dollars
Stock markets in Europe and much of Asia extended a rally overnight after a week of losses in global equities but Wall Street faltered as investors pulled back. European markets steamed ahead following on Asia's rebound although Tokyo and Hong Kong turned lower.
Uruguay's summer season (December/March) attracted 650.000 foreign tourists of which 412.000 Argentines and 115.000 Brazilians according to an official release Thursday from the Ministry of Tourism. Overall the season was described as good but less promising than 2005/06.
With the summer season almost over Argentina had a record year in the number of tourists and money spent according to the Tourism Secretary in Buenos Aires.
Four European cities are the most expensive in the world claims a survey from the Economist Intelligence Unit's worldwide cost of living survey. Latinamerica on the other hand has the cheapest average cost of living.