Argentine voters are sceptical about a possible reversal to the current situation even with a new president, according to the latest poll published this weekend in Buenos Aires daily La Nación.
Peru's Supreme Tribunal ruled the reinstatement of hundreds of employees left redundant by the country's telecommunications company. The ruling shocked the business community that is now assessing the impact on future investments.
Chile's Economy Minister Jorge Rodríguez said that privatizing public utilities in the current world business climate could be sending the wrong signal.
The International Monetary Fund, IMF, expressed concern that the international confidence crisis in Brazil could spread to the whole region given investors fear of growing risk.
Chile's Central Bank downed to 2% the country's 2002 economic growth forecast and estimated that next year Chile will fluctuate between 3,5 and 4,5%, given adverse world conditions.
The ruling body of the European Union Central Bank left the basic interest rate unchanged at 3,25% as anticipated by financial markets.
Chilean environmentalist groups with American financial support are interested in purchasing extensive natural forests tracks in Tierra del Fuego belonging to a frustrated woods exploitation project, according to Punta Arenas Prensa Austral.
Chile's oil company Empresa Nacional del Petróleo, ENAP will remain in government hands and plans to invest in the next tour years, 1,35 billion US dollars, 55% of which overseas.
Wild dogs attacked and killed several Dama deer in a field just five kilometres from Puerto Natales, endangering a project to promote the breeding of deer in Magallanes Region.
Following an invitation from the Ministry of Economy four leading Magallanes companies will be represented in the Chilean business delegation scheduled to visit Spain and France in the next two weeks.