With the oil market breaking records day after day, (almost 47 US dollars this Wednesday) Venezuela is sponsoring taking the current OPEC price band from 22/28 to 28/35 US dollars per barrel.
Oil record prices are having a positive impact for Magallanes Region through the Regional Development Fund, Fondema that is financed with duties on hydrocarbons local production.
Venezuela is considering the possibility of acquiring Royal Dutch/Shell assets in Argentina with the purpose of competing in the local market.
The Chilean Foreign Affairs ministry ratified this Wednesday in a short statement its full support to Argentina's legitimate sovereignty rights in the dispute over the Islas Malvinas issue
Malvinas war veterans camping in Buenos Aires Plaza de Mayo for a hundred days attempted this Wednesday to storm Government House but doors were closed just on time.
United States consumer prices fell by 0,1% during July, the first since November 2003 according to the latest release from the Labor Department. Most analysts were expecting a 0,1% rise after the 0,3% jump of June.
Uruguay has the highest support for democracy and greater rejection to strong hand tactics in Latinamerica according to the latest public opinion poll covering 18 countries of the region.
Headlines:
EU lamb quality controls intrusive; Hovercraft transportation in Patagonia; Red tide control in Magallanes lacks financing; Ray and eel options for Punta Arenas; Squid licencing in Rio Negro province;
With the background of a growing diplomatic rift born out of border disputes going back to the XIX century, the Peruvian and Chilean armies have helped to cool the situation by committing themselves to never again war between our countries, although history must never be forgotten.
Brazilian agro-business represents 33% of the country's exports which this year is estimated to reach 90 billion US dollars but is lacking in infrastructure, according to Brazilian Agriculture, Livestock and Supplies Minister Roberto Rodriguez.