Chilean Army Commander in Chief General Juan Emilio Cheyre Friday accepted the military's responsibility for human rights abuses committed during the 1973-1990 dictatorship.
The US dollar ended the week with a record low against the Euro (1,2910 to the Euro) with analysts forecasting further decline.
The Brazilian sponsored creation of a South American Community of Nations advanced a step further this week during the presidential summit of the Rio Group which convened heads of state and representatives from 19 nations.
The resumption of negotiations for the Free Trade Association of the Americas, FTAA, as was anticipated this week by US Ambassador in Brazil John Danilovich did not receive an encouraging reply from the South American representatives meeting in Rio this week.
The Rio Group XVIII presidential summit which ended this Friday in Rio do Janerio included in its final declaration a chapter in support of Argentina's claim over the Falklands/Malvinas.
THE Chairman of the South Atlantic Medal Association says he has taken a modicum of comfort from a Defence minister's comments in Parliament about commemorations planned for the 25th anniversary of the Falklands War.
Australian delegates to a meeting of Antarctic treaty nations are claiming a major success in the fight against patagonian toothfish poachers.
The European Central Bank decided Thursday to leave Eurozone interest rates unchanged at 2%. The decision was expected by financial markets since there are growing concerns about the economic recovery of the Eurozone twelve nations.
International Monetary Fund Managing Director Rodrigo de Rato said that the main challenge for re-elected United States president George W. Bush during his second mandate will be the budget deficit.
Consumer prices during October in Chile advanced 0,3% totalling so far this year 2,6% and 1,9% in the last twelve months.