Chilean president Ricardo Lagos said Chile is prepared to negotiate with Bolivia future gas projects following the massive support for his Bolivian counterpart Carlos Mesa energy policy in last Sunday's referendum. However the Chilean president insisted that no sovereign access to the Pacific Ocean is on the negotiation table.
Sunday's referendum in Bolivia which opened the way for the country's export of natural gas has come as a relief to Repsol-YPF, one of several corporations involved in a massive 6 billion US dollars ambitious plan to commercialize the country's vast hydrocarbon resources.
Eight out of ten Brazilian families have difficulties paying their bills and stretching earnings to reach the end of the month according to a report from the Brazilian Geography and Statistics Institute, IBGE.
Punta Arenas airport suffered two days of chaos when hundreds of Lan passengers were left stranded and protesting following delays in arrivals and departures because of adverse climate conditions.
The World Bank's main economist for Latinamerica and the Caribbean said that insufficient investment in education and accumulated debt are the main threats to the region's economies, particularly now that the US Federal Reserve has began to raising interest rates.
Chinese authorities seem to have been successful in slowing down the country's overheated economic growth.
According to the latest data GDP growth during the second quarter reached 9,6%, down from 9,8% in the first quarter, and far below the expected 10,5% on an annual basis.
Retail prices in United States increased 0,3% during June signaling inflation is not an immediate risk for the world's leading economy. According to the latest release from the US Department of Labor the June index marked an important drop from May when retail prices jumped 0,6%.
Thousands of people gathered this Sunday in downtown Buenos Aires to remember the tenth anniversary of the 1994 bombing of an Argentine Jewish community center, AMIA, that killed 85 and left 360 maimed or injured
A clear victory for the referendum on the oil industry sponsored by the Bolivian government was expected this Sunday after the closing of voting polls and a first projection of vote count
Brazil's Finance Minister expressed optimism about the country's economic growth potential in 2004, forecasting that the gross domestic product (GDP) could rise by 5% or more this year.