The second Chilean submarine specially built by a Franco-Spanish consortium in Cartagena, Spain will be officially named this Wednesday with the participation of the Chilean Minister of Defence, Navy Commander and other high ranking military officers.
Brazil could delay another three or four years the purchase of twelve new fighter bombers for the Air Force, according to Brazilian vice-president Jose Alencar.
The Chilean central government will be investing in Magallanes Region and Tierra del Fuego during the next six years leading to 2010, the equivalent of 82 million US dollars in transport infrastructure to improve Austral Connectivity.
Korean Airlines and the Lan group signed this week in Santiago an integration commercial agreement to better develop the growing Latinamerica-Korea air market.
The Euro reached a new record Tuesday against the US dollar, closing at 1, 3080 in financial markets following reports that Russia intends to increase the European Union currency share of its international reserves.
China has agreed to invest 500 million US dollars in the Cuba's nickel industry, a huge boost for the island's economy.
Venezuelan president Hugo Chavez asserted that it was true that the former Spanish conservative administration of Jose Aznar had supported the April 2002 coup.
Beijing called on Peruvian authorities Tuesday to treat the 192 Chinese fishermen caught poaching in Peru's territorial waters in a humanitarian manner and reiterated its desire for a diplomatic solution to the incident.
Around 15 vessels from Spain will arrive before the end of the year and are expected to make Montevideo's port activity more dynamic, generate hundreds of jobs, and yield around USD 300,000 per vessel for the country.
President of the Falkland Islands Chamber of Commerce, Tim Miller, hit out today, Monday, at what he claimed were deliberate attempts by the Argentine Government to interfere with the development of the Falkland Islands economy.