Uruguay is waiting for official details of the apprehension by the Australian Navy of a Uruguayan flagged longliner allegedly caught illegally fishing in isolated Australian territorial waters.
Chilean President currently in a state visit to Denmark announced that Maersk Sealand, on of the world's major maritime companies will be contracting the building of two vessels for Canada in Chile.
International Monetary Fund First Deputy Managing Director Anne Krueger is defending the position of speculating creditors who are pressing Argentina for an improvement in the restructuring debt plan, claimed Argentine cabinet Chief Alberto Fernández.
After meeting with former US president Jimmy Carter, Venezuelan president Hugo Chavez accepted the proposal to have international observers supervising the process leading to an eventual recall referendum on his term in office.
Former Argentine president Eduardo Duhalde said that Argentina must not share an ideological axis with Venezuelan president Hugo Chavez and underlined the ongoing natural link with Brazil. Relations with Venezuela must be in the framework of growth and development.
Brazilian President Luiz Inacio Lula da Silva on a four days state visit to India said he would like to forge a strategic alliance with India and other large developing democracies, such as South Africa, to help better living conditions of the world's poor.
More food poisoning cases from consumption of raw molluscs have been reported in the area of Puerto Montt and Osorno, to the north of Punta Arenas. According to Chilean sanitary authorities quoted in the Chilean press a possible cause is the bacteria vibrio para haemolyticus which has been detected in many patients
Benetton the Italian fashionable textile retailer has plans to vigorously expand in Latin America in the next two years, since of the 100 million garments the company sells annually only one million are purchased in the region.
The greater operational costs for visiting cruises in the port of Punta Arenas compared to Ushuaia in Argentina are causing growing concern among Chilean authorities and the tourist industry.
As in 2002, Chile in 2003 ranked top of the list among the best mining investment countries according to the prestigious Fraser Institute from Canada.