The Brazilian Central Bank anticipated this Thursday it could accelerate the increase of the country's basic interest SELIC rate if oil prices and domestic inflation prospects keep worsening and annual prices don't keep to target.
A British trade mission visited Uruguay this week and reached several agreements with a local university and the British Hospital plus encouraging prospects in other areas.
Early Thursday the Argentine Senate finally approved the 2005 budget which also extends discretionary super powers to the Executive with the purpose of redistributing outlays.
The Euro broke a new record this Thursday reaching 1,3224 to the US dollar which means that since October 13, the greenback has depreciated 8%.
Headlines:
Chilean Antarctic affairs under Interior Ministry; British support for Chilean troops headed to Haiti.
The grounding of a tanker in high winds caused a seven hour drama today in the Falklands on Tuesday.
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.